Inventus hits 10.5 g/t Au over 0.5 m at Pardo, Matinenda layer
TORONTO, July 06, 2026 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) (“Inventus” or the “Company”) is pleased to report assay results from its ongoing Phase 2 drill program at the 100%-owned Pardo “River of Gold” Project, located 65 km northeast of Sudbury, Ontario. The latest Phase 2 drilling results have discovered high-grade gold mineralization within the Matinenda Layer (“Matinenda Layer” or “MaC”), materially increasing the Company’s confidence in resource growth potential from multiple stacked, near-surface gold-bearing conglomerate horizons at Pardo. HIGHLIGHTS High-grade gold mineralization has been discovered in the Matinenda Layer, upgrading the Company’s view of this secondary target and highlighting its potential to contribute ounces to the planned maiden resource estimate.
Phase 2 drilling highlights include: 2.82 g/t gold over 2.43 m, including 4.27 g/t gold over 1.43 m and 10.51 g/t gold over 0.50 m in the Matinenda Layer within a broader interval of 1.09 g/t gold over 10.82 m (PD-26-297). 1.78 g/t gold over 4.32 m, including 3.75 g/t gold over 1.40 m and 7.06 g/t gold over 0.50 m in the Matinenda Layer within a broader interval of 0.98 g/t gold over 9.05 m (PD-26-299). 1.20 g/t gold over 5.28 m, including 2.39 g/t gold over 1.82 m in the Matinenda Layer within a broader interval of 0.81 g/t gold over 11.62 m (PD-26-284). A second drill rig was mobilized to site on June 18 to expedite drilling. An additional 57 holes have been completed with assays pending and the Company anticipating another 120 drill holes to be completed prior to the cut-off date for the planned maiden resource estimate.
Wesley Whymark, CEO & Director, comments: “ The discovery of high-grade gold in the Matinenda Layer is an important milestone at Pard