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Inventus Mining ( (TSE:IVS) ) has issued an update.
Inventus Mining has announced positive results from its 80-hole drill program at the Pardo Gold Project, confirming the continuity of shallow gold mineralization and highlighting the potential for a low-cost, surface mining operation. The results support the company’s strategy to develop a high-margin mining operation, with plans for further drilling and bulk sampling to refine resource estimates and project economics, bolstered by a $200,000 grant from the Ontario Ministry of Mines.
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 Pardo being the first significant paleoplacer gold discovery in North America.
YTD Price Performance: 12.50%
Average Trading Volume: 69,162
Technical Sentiment Signal: Hold
Current Market Cap: C$16.47M
See more insights into IVS stock on TipRanks’ Stock Analysis page.
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