Inventus Reports Average Grade and Thickness of 3.84 gpt Gold Over 1.82 Metres from Grade Control Drilling at Its 007 North 5,000-Tonne Bulk Sample Site

/EIN News/ -- TORONTO, June 04, 2025 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) (“Inventus” or the “Company”) is pleased to report drilling results from its first planned 5,000-tonnes bulk sample site on the 100%-owned Pardo Gold Project, located 65 km northeast of Sudbury, Ontario.

Highlights

• Drilling at the first planned bulk sample site, 007 North, outlined approximately 5,000 tonnes and returned an average grade and thickness of 3.84 gpt gold and 1.82 metres.

• Notable drill intercepts include:
  
  • 12.92 gpt gold over 1.49 metres
  • 9.76 gpt gold over 1.76 metres
  • 6.85 gpt gold over 2.41 metres
  • 5.19 gpt gold over 2.28 metres
  • 6.69 gpt gold over 1.60 metres
  • 5.31 gpt gold over 1.89 metres

• The first stage of drilling to define approximately 15,000 tonnes is complete and results from Trench 1, the second bulk sample site of approximately 10,000 tonnes, are pending and expected soon.
  

The grade control drilling program for the first of two bulk sample sites is now completed (Figure 1), and assays for the first site, 007 North, are reported in Table 1. The initial grade control drilling program commenced on May 5^th to define approximately 15,000 tonnes of a planned 45,000-tonne bulk sample program. A total of 68 holes for 623 metres were completed on May 23^rd. Of those holes, 33 were completed at the 007 North site outlining approximately 5,000 tonnes of material. The recent drilling, along with previously drilled holes in 2018 and 2024 within the planned pit area returned an average grade and thickness of 3.84 gpt gold and 1.82 metres (Table 2 and Figure 2). Assay results have exceeded our 3 gpt assumption for the first bulk sample site and have provided confidence to move forward with the next stage.

An additional 35 holes were completed at the Trench 1 site (Figure 1) with assays pending and expected soon.

Wesley Whymark, President and Head of Exploration comments: “We are very pleased with the strong assay results from our first bulk sample site at 007 North. The average grade and thickness have exceeded our expectations and surpassed our initial 3 g/t gold assumption, reinforcing the high-grade, near-surface potential of the Pardo Project. These results give us the confidence to advance to the next phase of the program, which includes finalizing a milling agreement, initiating extraction of the first 5,000 tonnes, commencing Phase 2 resource drilling and additional grade control drilling to define the remaining 30,000 tonnes of the bulk sample program.”

For further information visit www.inventusmining.com, or contact:

Mr. Wesley Whymark
President and Head of Exploration
Inventus Mining Corp.
E-mail: wesley@inventusmining.com
Phone: 705-822-3005

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About Inventus Mining Corp.

Inventus is a mineral exploration and development company focused on the world-class mining district of Sudbury, Ontario. Our principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project located northeast of Sudbury. Pardo is the first important paleoplacer gold discovery found in North America. Inventus has approximately 203 million common shares outstanding.

Qualified Person

The Qualified Person responsible for the technical content of this news release is Inventus’ President and Head of Exploration, Wesley Whymark, P.Geo., who has reviewed and approved the technical disclosure in this news release on behalf of the Company.

Technical Information

Drill core samples collected by Inventus and described in this news release were subject to a variety of QA/QC protocols. PQ Size drill core was placed in core boxes by the contracted drill crew and then transported by Inventus personnel to a secure processing facility in Sudbury, Ontario. The core was then reviewed with core metreage blocks checked to verify core integrity, recovery and geologically logged with samples marked. Whole core samples were then photographed and inserted into a clean plastic bag with a sample tag. Certified reference materials were inserted into the sample stream at a rate of no less than 10%. Samples were then transported in secure sealed bags with security tags for preparation by Agat Labs in Thunder Bay, Ontario. All samples reported were crushed in their entirety to 80% passing 2 mm. A subsample comprising 2 kg was riffle split and pulverized to 80% 75 microns (-200 mesh) and one 300- to 500-g subsample was riffle split into a jar. The Jar was then shipped to Paragon Geochemical in Nevada, USA for gold analysis by PhotonAssay. Both Agat Labs and Paragon Geochemical are ISO 17025:2017 accredited geochemical testing laboratories.

Forward-Looking Statements

This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “if”, “yet”, “potential”, “undetermined”, “objective”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to the failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Table 1. 007 North Grade Control Drilling Assay Highlights.

Drill Hole	From (metres)	To (metres)	Interval1 (metres)	Gold Grade (gpt)	Within Pit
007-25-01	2.60	4.85	2.25	0.61	No
007-25-02	2.48	3.75	1.27	1.74	No
007-25-03	2.60	4.58	1.98	4.33	Yes
Including	4.10	4.58	0.48	7.42
007-25-04	4.78	6.67	1.89	5.31	Yes
Including	5.24	5.74	0.50	18.57
007-25-05	2.00	3.93	1.93	2.31	Yes
Including	3.15	3.50	0.35	6.43
007-25-06	4.90	6.66	1.76	9.76	Yes
Including	5.40	5.90	0.50	32.20
007-25-07	3.30	5.00	1.70	0.86	Yes
007-25-08	3.72	6.00	2.28	5.19	Yes
Including	3.72	4.23	0.51	19.85
007-25-09	4.50	5.85	1.35	4.22	Yes
Including	5.00	5.40	0.40	12.84
007-25-10	6.00	7.60	1.60	6.69	Yes
Including	6.00	6.50	0.50	12.21
007-25-11	8.33	9.70	1.37	0.59	No
007-25-12	7.90	9.40	1.50	1.08	Yes
007-25-13	3.00	5.41	2.41	6.85	Yes
Including	3.54	4.04	0.50	24.44
007-25-14	3.87	5.80	1.93	1.28	Yes
007-25-15	7.50	9.17	1.67	2.80	Yes
Including	7.50	7.90	0.40	7.43
007-25-16	5.75	7.01	1.26	3.55	Yes
007-25-17	7.60	9.09	1.49	12.92	Yes
Including	7.60	8.10	0.50	31.16
007-25-18	7.70	9.50	1.80	2.87	Yes
Including	8.60	9.00	0.40	8.88
007-25-19	5.90	7.85	1.95	1.87	Yes
007-25-20	6.35	8.12	1.77	4.30	Yes
Including	7.30	7.68	0.38	6.85
007-25-21	6.00	8.14	2.14	2.05	Yes
007-25-22	6.98	8.56	1.58	2.40	No
007-25-23	6.80	8.17	1.37	1.71	No
007-25-24	6.97	8.53	1.56	2.85	No
Including	8.17	8.53	0.36	6.52
007-25-25	4.29	6.26	1.97	1.36	No
007-25-26	2.69	4.80	2.11	1.48	No
007-25-27	Assays Pending				No
007-25-28	Assays Pending				No
007-25-29	Assays Pending				No
007-25-30	Incomplete Hole				No
007-25-31	Incomplete Hole				No
007-25-34	Assays Pending				No
007-25-35	Assays Pending				No

¹Interval width is approximate true thickness. Mineralization has a flat to 5-degree dip and all holes were drilled vertically with an inclination of -90 degrees.

Table 2. Pit-Constrained 007 North Grade Control Drilling Assays.

Drill Hole	Drill Hole Year	Interval1 (metres)	Gold Grade (gpt)
007-18-22	2018	2.07	2.25
007-18-30	2018	1.27	0.99
007-18-31	2018	2.25	7.90
007-18-32	2018	1.84	4.14
007-18-33	2018	1.58	1.98
PD-24-26	2024	2.40	0.72
PD-24-31	2024	1.66	1.60
007-25-03	2025	1.98	4.33
007-25-04	2025	1.89	5.31
007-25-05	2025	1.93	2.31
007-25-06	2025	1.76	9.76
007-25-07	2025	1.70	0.86
007-25-08	2025	2.28	5.19
007-25-09	2025	1.35	4.22
007-25-10	2025	1.60	6.62
007-25-12	2025	1.50	1.08
007-25-13	2025	2.41	6.85
007-25-14	2025	1.93	1.28
007-25-15	2025	1.67	2.80
007-25-16	2025	1.26	3.55
007-25-17	2025	1.49	12.92
007-25-18	2025	1.80	2.87
007-25-19	2025	1.95	1.87
007-25-20	2025	1.77	2.43
007-25-21	2025	2.14	2.05
Average		1.82	3.84

¹Interval width is approximate true thickness. Mineralization has a flat to 5-degree dip and all holes were drilled vertically with an inclination of -90 degrees.

Table 2. Details of grade control drill hole locations reported in this press release.

Drill Hole	Inclination (Degrees)	Length (metres)	Easting (UTM)	Northing (UTM)
007-25-01	-90	4.10	556187	5182982
007-25-02	-90	4.00	556185	5182991
007-25-03	-90	6.50	556176	5182992
007-25-04	-90	9.50	556169	5182993
007-25-05	-90	5.75	556162	5182993
007-25-06	-90	11.00	556169	5182999
007-25-07	-90	9.50	556182	5182997
007-25-08	-90	9.50	556179	5183002
007-25-09	-90	11.00	556171	5183002
007-25-10	-90	10.50	556166	5183007
007-25-11	-90	12.50	556156	5183002
007-25-12	-90	10.50	556161	5183012
007-25-13	-90	11.00	556176	5183011
007-25-14	-90	11.00	556185	5183018
007-25-15	-90	12.50	556186	5183022
007-25-16	-90	11.00	556170	5183019
007-25-17	-90	10.50	556163	5183019
007-25-18	-90	11.00	556164	5183027
007-25-19	-90	10.50	556169	5183028
007-25-20	-90	11.00	556179	5183032
007-25-21	-90	11.00	556178	5183026
007-25-22	-90	11.00	556193	5183018
007-25-23	-90	11.00	556193	5183011
007-25-24	-90	11.00	556191	5183007
007-25-25	-90	8.50	556191	5182996
007-25-26	-90	9.00	556189	5182987
007-25-27	-90	8.00	556191	5182976
007-25-28	-90	8.00	556195	5182970
007-25-29	-90	12.50	556154	5183022
007-25-30	-90	12.50	556156	5183029
007-25-31	-90	12.35	556159	5183035
007-25-34	-90	11.00	556196	5183001
007-25-35	-90	11.00	556199	5183015

Figure 1. Plan map illustrating the location of the 007 North and Trench 1 Bulk Sample Sites with Lidar background.

Figure 2. Plan map illustrating the gold grade (gpt Au) and Thickness (metres) within the approximate pit boundary and the 007 North Bulk Sample Site with Lidar background.