Inventus Mining Completes Phase 1 Drilling at Pardo Gold Project

The latest update is out from Inventus Mining ( (TSE:IVS) ).

Inventus Mining has completed its Phase 1 drilling program at the Pardo Gold Project, with 80 shallow holes drilled to support future resource estimation. The drilling focused on areas of surface gold mineralization that could be mined at low cost. Out of the 42 holes reviewed, 74% showed strong mineralization, and assay results are expected to be available soon, with final results anticipated by March.

More about Inventus Mining

Inventus Mining Corp. is a mineral exploration and development company focused on the Sudbury mining district in Ontario, Canada. The company holds a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project, with the Pardo project noted as the first significant paleoplacer gold discovery in North America.

YTD Price Performance: 6.25%

Average Trading Volume: 160,865

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$15.55M

For detailed information about IVS stock, go to TipRanks’ Stock Analysis page.