Inventus Expands Pardo With Strong Drill Results and Advances Multiple Gold Layers Toward a Maiden Resource

Original announcement by tmx on

Company
Inventus Mining Corp.
Ticker
IVS
Exchange
TSX
Region
Ontario
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-09-14 06:49:48 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Inventus Mining Corp. announced strong new assay results from its Phase 2 drill program at the Pardo 'River of Gold' Project in Ontario, expanding the near-surface gold mineralization footprint by 150%. The program has identified multiple stacked gold layers, including the Main, Upper, and Matinenda Conglomerates, which are being advanced towards a maiden resource estimate. Highlight intercepts include 23.45 g/t gold over 0.30 m and 18.81 g/t gold over 0.36 m, demonstrating high-grade potential within narrow intervals.

Reasoning: The company reports new, high-grade gold intercepts that significantly expand the known mineralization and confirm a multi-layer gold system, providing a clear path towards a maiden resource estimate. While grades are high, widths are narrow, and true width and cut-off grade are not disclosed.

Positive factors

  • Strong drill intercepts with bonanza grades
  • Expansion of mineralized footprint by 150%
  • Identification and evaluation of multiple stacked gold layers
  • Advancement towards a maiden resource estimate
  • QA/QC protocols and accredited lab disclosed
  • Qualified Person sign-off

Negative factors

  • Intercepts are generally narrow, leading to lower grade-thickness products despite high grades
  • True width not disclosed for intercepts
  • Cut-off grade for compositing is not stated
  • Some historical results are being re-assayed, indicating reliance on older core for new information

Facts used in scoring: 71

Extracted facts

Stored fact records: 71. Some facts used in scoring do not have a stored record.

Drill Results (71)

PD-25-159Pardo · goldGrade: 0.64Grade Unit: g/tIntercept: 2.18 mView all details
Link to this fact

Identity

Hole ID
PD-25-159
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.64
Grade Unit
g/t
Intercept
2.18 m
From
9 m
To
11.18 m
Hole Depth
14.5 m
Intercept Depth
9 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-25-159:9-11.18
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556248
Northing
5183272
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.64”

Context: 2.18

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-25-159Pardo · goldGrade: 1.38Grade Unit: g/tIntercept: 0.66 mView all details
Link to this fact

Identity

Hole ID
PD-25-159
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.38
Grade Unit
g/t
Intercept
0.66 m
From
10.52 m
To
11.18 m
Hole Depth
14.5 m
Intercept Depth
9 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-25-159:10.52-11.18
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556248
Northing
5183272
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.38”

Context: 0.66

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-25-160Pardo · goldGrade: 1.23Grade Unit: g/tIntercept: 1.32 mView all details
Link to this fact

Identity

Hole ID
PD-25-160
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.23
Grade Unit
g/t
Intercept
1.32 m
From
11.08 m
To
12.4 m
Hole Depth
16 m
Intercept Depth
11.08 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-25-160:11.08-12.4
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556220
Northing
5183314
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.23”

Context: 1.32

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-25-160Pardo · goldGrade: 2.22Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-25-160
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.22
Grade Unit
g/t
Intercept
0.5 m
From
11.4 m
To
11.9 m
Hole Depth
16 m
Intercept Depth
11.08 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-25-160:11.4-11.9
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556220
Northing
5183314
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.22”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-25-161Pardo · goldGrade: 5.16Grade Unit: g/tIntercept: 1.12 mView all details
Link to this fact

Identity

Hole ID
PD-25-161
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
5.16
Grade Unit
g/t
Intercept
1.12 m
From
12.78 m
To
13.9 m
Hole Depth
16 m
Intercept Depth
12.78 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-25-161:12.78-13.9
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556203
Northing
5183294
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows an exceptional gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its overall materiality.

Positive factors

  • Grade is exceptional for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“5.16”

Context: 1.12

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“5.16”

Context: 1.12

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-25-161Pardo · goldGrade: 9.7Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-25-161
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
9.7
Grade Unit
g/t
Intercept
0.5 m
From
13.08 m
To
13.58 m
Hole Depth
16 m
Intercept Depth
12.78 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-25-161:13.08-13.58
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556203
Northing
5183294
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows an exceptional gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its overall materiality.

Positive factors

  • Grade is exceptional for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“9.70”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“9.70”

Context: 0.50

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-25-163Pardo · goldGrade: 2.37Grade Unit: g/tIntercept: 1.81 mView all details
Link to this fact

Identity

Hole ID
PD-25-163
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.37
Grade Unit
g/t
Intercept
1.81 m
From
9.85 m
To
11.66 m
Hole Depth
40 m
Intercept Depth
9.85 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-25-163:9.85-11.66
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556221
Northing
5183270
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.37”

Context: 1.81

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-25-163Pardo · goldGrade: 6.04Grade Unit: g/tIntercept: 0.43 mView all details
Link to this fact

Identity

Hole ID
PD-25-163
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
6.04
Grade Unit
g/t
Intercept
0.43 m
From
9.85 m
To
10.28 m
Hole Depth
40 m
Intercept Depth
9.85 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-25-163:9.85-10.28
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556221
Northing
5183270
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows an exceptional gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its overall materiality.

Positive factors

  • Grade is exceptional for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“6.04”

Context: 0.43

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“6.04”

Context: 0.43

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-176Pardo · goldGrade: 0.67Grade Unit: g/tIntercept: 2.38 mView all details
Link to this fact

Identity

Hole ID
PD-26-176
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.67
Grade Unit
g/t
Intercept
2.38 m
From
1.37 m
To
3.75 m
Hole Depth
16 m
Intercept Depth
1.37 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-176:1.37-3.75
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
555984
Northing
5183885
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.67”

Context: 2.38

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-176Pardo · goldGrade: 1.48Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-176
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.48
Grade Unit
g/t
Intercept
0.5 m
From
2.35 m
To
2.85 m
Hole Depth
16 m
Intercept Depth
1.37 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-176:2.35-2.85
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
555984
Northing
5183885
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.48”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-193Pardo · goldGrade: 0.42Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
PD-26-193
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.42
Grade Unit
g/t
Intercept
3.35 m
From
23.83 m
To
27.18 m
Hole Depth
31 m
Intercept Depth
23.83 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-193:23.83-27.18
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
555824
Northing
5183739
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.42”

Context: 3.35

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-193Pardo · goldGrade: 1.13Grade Unit: g/tIntercept: 0.52 mView all details
Link to this fact

Identity

Hole ID
PD-26-193
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.13
Grade Unit
g/t
Intercept
0.52 m
From
26.14 m
To
26.66 m
Hole Depth
31 m
Intercept Depth
23.83 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-193:26.14-26.66
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
555824
Northing
5183739
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.13”

Context: 0.52

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-194Pardo · goldGrade: 2.66Grade Unit: g/tIntercept: 0.82 mView all details
Link to this fact

Identity

Hole ID
PD-26-194
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.66
Grade Unit
g/t
Intercept
0.82 m
From
16.85 m
To
17.67 m
Hole Depth
20.5 m
Intercept Depth
16.85 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-194:16.85-17.67
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
555825
Northing
5183800
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.66”

Context: 0.82

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-194Pardo · goldGrade: 6.41Grade Unit: g/tIntercept: 0.32 mView all details
Link to this fact

Identity

Hole ID
PD-26-194
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
6.41
Grade Unit
g/t
Intercept
0.32 m
From
16.85 m
To
17.17 m
Hole Depth
20.5 m
Intercept Depth
16.85 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-194:16.85-17.17
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
555825
Northing
5183800
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows an exceptional gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its overall materiality.

Positive factors

  • Grade is exceptional for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“6.41”

Context: 0.32

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“6.41”

Context: 0.32

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-199Pardo · goldGrade: 1Grade Unit: g/tIntercept: 2.06 mView all details
Link to this fact

Identity

Hole ID
PD-26-199
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1
Grade Unit
g/t
Intercept
2.06 m
From
34.24 m
To
36.3 m
Hole Depth
41.5 m
Intercept Depth
34.24 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-199:34.24-36.3
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556279
Northing
5182981
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a moderate gold grade, but the narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is moderate for open pit gold

Negative factors

  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.00”

Context: 2.06

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-199Pardo · goldGrade: 2.1Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-199
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.1
Grade Unit
g/t
Intercept
0.5 m
From
34.5 m
To
35 m
Hole Depth
41.5 m
Intercept Depth
34.24 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-199:34.5-35
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556279
Northing
5182981
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.10”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-201Pardo · goldGrade: 1.53Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-201
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.53
Grade Unit
g/t
Intercept
1.5 m
From
29.92 m
To
31.42 m
Hole Depth
37.1 m
Intercept Depth
29.92 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-201:29.92-31.42
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556247
Northing
5182919
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.53”

Context: 1.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-201Pardo · goldGrade: 2.14Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-201
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.14
Grade Unit
g/t
Intercept
0.5 m
From
30.92 m
To
31.42 m
Hole Depth
37.1 m
Intercept Depth
29.92 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-201:30.92-31.42
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556247
Northing
5182919
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.14”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-202Pardo · goldGrade: 2.28Grade Unit: g/tIntercept: 2.12 mView all details
Link to this fact

Identity

Hole ID
PD-26-202
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.28
Grade Unit
g/t
Intercept
2.12 m
From
34.2 m
To
36.32 m
Hole Depth
41.5 m
Intercept Depth
34.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-202:34.2-36.32
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556247
Northing
5182982
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.28”

Context: 2.12

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-202Pardo · goldGrade: 3.04Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
PD-26-202
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
3.04
Grade Unit
g/t
Intercept
1.1 m
From
34.75 m
To
35.85 m
Hole Depth
41.5 m
Intercept Depth
34.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-202:34.75-35.85
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556247
Northing
5182982
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows an exceptional gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its overall materiality.

Positive factors

  • Grade is exceptional for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“3.04”

Context: 1.10

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“3.04”

Context: 1.10

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-203Pardo · goldGrade: 1.35Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
PD-26-203
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.35
Grade Unit
g/t
Intercept
1.75 m
From
32.5 m
To
34.25 m
Hole Depth
38.5 m
Intercept Depth
32.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-203:32.5-34.25
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556248
Northing
5182951
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a moderate gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is moderate for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.35”

Context: 1.75

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-203Pardo · goldGrade: 3.39Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-203
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
3.39
Grade Unit
g/t
Intercept
0.5 m
From
32.5 m
To
33 m
Hole Depth
38.5 m
Intercept Depth
32.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-203:32.5-33
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556248
Northing
5182951
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows an exceptional gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its overall materiality.

Positive factors

  • Grade is exceptional for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“3.39”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“3.39”

Context: 0.50

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-208Pardo · goldGrade: 0.71Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
PD-26-208
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
2.8 m
From
33.2 m
To
36 m
Hole Depth
41.5 m
Intercept Depth
33.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-208:33.2-36
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556313
Northing
5183044
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.71”

Context: 2.80

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-208Pardo · goldGrade: 1.64Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
PD-26-208
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.64
Grade Unit
g/t
Intercept
1 m
From
34 m
To
35 m
Hole Depth
41.5 m
Intercept Depth
33.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-208:34-35
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556313
Northing
5183044
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.64”

Context: 1.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-209Pardo · goldGrade: 0.72Grade Unit: g/tIntercept: 4.35 mView all details
Link to this fact

Identity

Hole ID
PD-26-209
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.72
Grade Unit
g/t
Intercept
4.35 m
From
29.15 m
To
33.5 m
Hole Depth
38.5 m
Intercept Depth
29.15 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-209:29.15-33.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556327
Northing
5183082
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.72”

Context: 4.35

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-209Pardo · goldGrade: 2.25Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-209
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.25
Grade Unit
g/t
Intercept
0.5 m
From
33 m
To
33.5 m
Hole Depth
38.5 m
Intercept Depth
29.15 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-209:33-33.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556327
Northing
5183082
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.25”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-211Pardo · goldGrade: 0.65Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
PD-26-211
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
3.8 m
From
27.2 m
To
31 m
Hole Depth
37 m
Intercept Depth
27.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-211:27.2-31
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556345
Northing
5183043
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.65”

Context: 3.80

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-211Pardo · goldGrade: 1.25Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-211
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.25
Grade Unit
g/t
Intercept
0.5 m
From
28.5 m
To
29 m
Hole Depth
37 m
Intercept Depth
27.2 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-211:28.5-29
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556345
Northing
5183043
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.25”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-213Pardo · goldGrade: 1.38Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
PD-26-213
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.38
Grade Unit
g/t
Intercept
1 m
From
8.5 m
To
9.5 m
Hole Depth
13 m
Intercept Depth
8.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-213:8.5-9.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556216
Northing
5183131
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.38”

Context: 1.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-215Pardo · goldGrade: 2.95Grade Unit: g/tIntercept: 1.63 mView all details
Link to this fact

Identity

Hole ID
PD-26-215
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.95
Grade Unit
g/t
Intercept
1.63 m
From
26.79 m
To
28.42 m
Hole Depth
31 m
Intercept Depth
26.79 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-215:26.79-28.42
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556257
Northing
5183165
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.95”

Context: 1.63

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-215Pardo · goldGrade: 7.53Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-215
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
7.53
Grade Unit
g/t
Intercept
0.5 m
From
27.1 m
To
27.6 m
Hole Depth
31 m
Intercept Depth
26.79 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-215:27.1-27.6
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556257
Northing
5183165
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows an exceptional gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its overall materiality.

Positive factors

  • Grade is exceptional for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“7.53”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“7.53”

Context: 0.50

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-216Pardo · goldGrade: 3.44Grade Unit: g/tIntercept: 2.33 mView all details
Link to this fact

Identity

Hole ID
PD-26-216
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
3.44
Grade Unit
g/t
Intercept
2.33 m
From
29.9 m
To
32.23 m
Hole Depth
35.5 m
Intercept Depth
29.9 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-216:29.9-32.23
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556259
Northing
5183114
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows an exceptional gold grade, but the narrow width and lack of true width or cut-off grade disclosure limit its overall materiality.

Positive factors

  • Grade is exceptional for open pit gold

Negative factors

  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“3.44”

Context: 2.33

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“3.44”

Context: 2.33

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-216Pardo · goldGrade: 23.45Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
PD-26-216
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
23.45
Grade Unit
g/t
Intercept
0.3 m
From
30.4 m
To
30.7 m
Hole Depth
35.5 m
Intercept Depth
29.9 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-216:30.4-30.7
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556259
Northing
5183114
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows an exceptional gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its overall materiality.

Positive factors

  • Grade is exceptional for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“23.45”

Context: 0.30

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“23.45”

Context: 0.30

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-217Pardo · goldGrade: 0.69Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
PD-26-217
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
2 m
From
28.8 m
To
30.8 m
Hole Depth
32.5 m
Intercept Depth
28.8 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-217:28.8-30.8
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556302
Northing
5183150
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.69”

Context: 2.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-217Pardo · goldGrade: 1.71Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-217
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.71
Grade Unit
g/t
Intercept
0.5 m
From
30.3 m
To
30.8 m
Hole Depth
32.5 m
Intercept Depth
28.8 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-217:30.3-30.8
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556302
Northing
5183150
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.71”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-218Pardo · goldGrade: 1.1Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-218
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
1.5 m
From
32.5 m
To
34 m
Hole Depth
37 m
Intercept Depth
32.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-218:32.5-34
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556294
Northing
5183117
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.10”

Context: 1.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-218Pardo · goldGrade: 2.75Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-218
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.75
Grade Unit
g/t
Intercept
0.5 m
From
32.5 m
To
33 m
Hole Depth
37 m
Intercept Depth
32.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-218:32.5-33
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556294
Northing
5183117
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.75”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-219Pardo · goldGrade: 0.69Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
PD-26-219
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
5 m
From
30 m
To
35 m
Hole Depth
37 m
Intercept Depth
30 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-219:30-35
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556328
Northing
5183113
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.69”

Context: 5.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-219Pardo · goldGrade: 1.87Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
PD-26-219
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.87
Grade Unit
g/t
Intercept
1 m
From
31 m
To
32 m
Hole Depth
37 m
Intercept Depth
30 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-219:31-32
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556328
Northing
5183113
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.87”

Context: 1.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-220Pardo · goldGrade: 0.68Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-220
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.68
Grade Unit
g/t
Intercept
4.5 m
From
25.5 m
To
30 m
Hole Depth
34 m
Intercept Depth
25.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-220:25.5-30
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556364
Northing
5183112
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.68”

Context: 4.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-220Pardo · goldGrade: 2.4Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-220
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.4
Grade Unit
g/t
Intercept
0.5 m
From
25.5 m
To
26 m
Hole Depth
34 m
Intercept Depth
25.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-220:25.5-26
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556364
Northing
5183112
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.40”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-221Pardo · goldGrade: 0.8Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
PD-26-221
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.8
Grade Unit
g/t
Intercept
6 m
From
25.5 m
To
31.5 m
Hole Depth
35.5 m
Intercept Depth
25.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-221:25.5-31.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556360
Northing
5183163
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a moderate gold grade, but the narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is moderate for open pit gold

Negative factors

  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.80”

Context: 6.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-221Pardo · goldGrade: 1.37Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
PD-26-221
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.37
Grade Unit
g/t
Intercept
3 m
From
26 m
To
29 m
Hole Depth
35.5 m
Intercept Depth
25.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-221:26-29
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556360
Northing
5183163
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a moderate gold grade, but the narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is moderate for open pit gold

Negative factors

  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.37”

Context: 3.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-221Pardo · goldGrade: 2.29Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-221
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.29
Grade Unit
g/t
Intercept
0.5 m
From
26 m
To
26.5 m
Hole Depth
35.5 m
Intercept Depth
25.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-221:26-26.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556360
Northing
5183163
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.29”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-222Pardo · goldGrade: 0.51Grade Unit: g/tIntercept: 2.04 mView all details
Link to this fact

Identity

Hole ID
PD-26-222
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
2.04 m
From
19.46 m
To
21.5 m
Hole Depth
31 m
Intercept Depth
19.46 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-222:19.46-21.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556356
Northing
5183209
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.51”

Context: 2.04

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-222Pardo · goldGrade: 1.38Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-222
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.38
Grade Unit
g/t
Intercept
0.5 m
From
21 m
To
21.5 m
Hole Depth
31 m
Intercept Depth
19.46 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-222:21-21.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556356
Northing
5183209
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.38”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-222Pardo · goldGrade: 0.69Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-222
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
2.5 m
From
24 m
To
26.5 m
Hole Depth
31 m
Intercept Depth
19.46 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-222:24-26.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556356
Northing
5183209
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.69”

Context: 2.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-222Pardo · goldGrade: 2.66Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-222
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.66
Grade Unit
g/t
Intercept
0.5 m
From
25 m
To
25.5 m
Hole Depth
31 m
Intercept Depth
19.46 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-222:25-25.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556356
Northing
5183209
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“2.66”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-223Pardo · goldGrade: 5.87Grade Unit: g/tIntercept: 1.22 mView all details
Link to this fact

Identity

Hole ID
PD-26-223
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
5.87
Grade Unit
g/t
Intercept
1.22 m
From
19.03 m
To
20.25 m
Hole Depth
23.5 m
Intercept Depth
19.03 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-223:19.03-20.25
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556333
Northing
5183235
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows an exceptional gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its overall materiality.

Positive factors

  • Grade is exceptional for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“5.87”

Context: 1.22

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“5.87”

Context: 1.22

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-223Pardo · goldGrade: 18.81Grade Unit: g/tIntercept: 0.36 mView all details
Link to this fact

Identity

Hole ID
PD-26-223
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
18.81
Grade Unit
g/t
Intercept
0.36 m
From
19.53 m
To
19.89 m
Hole Depth
23.5 m
Intercept Depth
19.03 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-223:19.53-19.89
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556333
Northing
5183235
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows an exceptional gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its overall materiality.

Positive factors

  • Grade is exceptional for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“18.81”

Context: 0.36

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“18.81”

Context: 0.36

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-225Pardo · goldGrade: 0.6Grade Unit: g/tIntercept: 2.37 mView all details
Link to this fact

Identity

Hole ID
PD-26-225
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
2.37 m
From
18.04 m
To
20.41 m
Hole Depth
22 m
Intercept Depth
18.04 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-225:18.04-20.41
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556283
Northing
5183216
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.60”

Context: 2.37

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-225Pardo · goldGrade: 1.36Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-225
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.36
Grade Unit
g/t
Intercept
0.5 m
From
19.5 m
To
20 m
Hole Depth
22 m
Intercept Depth
18.04 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-225:19.5-20
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556283
Northing
5183216
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.36”

Context: 0.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-232Pardo · goldGrade: 0.66Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
PD-26-232
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.66
Grade Unit
g/t
Intercept
2.5 m
From
33.5 m
To
36 m
Hole Depth
43 m
Intercept Depth
33.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-232:33.5-36
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556311
Northing
5182862
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.66”

Context: 2.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-232Pardo · goldGrade: 1.12Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
PD-26-232
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.12
Grade Unit
g/t
Intercept
1 m
From
33.5 m
To
34.5 m
Hole Depth
43 m
Intercept Depth
33.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-232:33.5-34.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556311
Northing
5182862
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.12”

Context: 1.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-233Pardo · goldGrade: 0.5Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
PD-26-233
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
6 m
From
34.5 m
To
40.5 m
Hole Depth
45.5 m
Intercept Depth
34.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-233:34.5-40.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556310
Northing
5182893
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept grade is weak for an open pit gold deposit, and the width is narrow, with no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.50”

Context: 6.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-26-233Pardo · goldGrade: 1.11Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
PD-26-233
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.11
Grade Unit
g/t
Intercept
1 m
From
34.5 m
To
35.5 m
Hole Depth
45.5 m
Intercept Depth
34.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-26-233:34.5-35.5
Mining Method
open_pit

Location

Location
Main Conglomerate Layer
Easting
556310
Northing
5182893
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.11”

Context: 1.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 3. Recent Phase 2 Drilling Assay Highlights.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-15-01Pardo · goldGrade: 0.3Grade Unit: g/tIntercept: 11.08 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-15-01
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
11.08 m
From
0.28 m
To
11.36 m
Intercept Depth
0.28 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-15-01:0.28-11.36
Mining Method
open_pit

Location

Location
Upper Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2015-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a weak gold grade, and no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.30”

Context: 11.08

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-15-01Pardo · goldGrade: 1.38Grade Unit: g/tIntercept: 0.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-15-01
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.38
Grade Unit
g/t
Intercept
0.8 m
From
6.2 m
To
7 m
Intercept Depth
0.28 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-15-01:6.2-7
Mining Method
open_pit

Location

Location
Upper Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2015-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.38”

Context: 0.80

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-15-01Pardo · goldGrade: 1.11Grade Unit: g/tIntercept: 0.66 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-15-01
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.11
Grade Unit
g/t
Intercept
0.66 m
From
10.7 m
To
11.36 m
Intercept Depth
0.28 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-15-01:10.7-11.36
Mining Method
open_pit

Location

Location
Upper Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2015-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“1.11”

Context: 0.66

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-12-10Pardo · goldGrade: 0.3Grade Unit: g/tIntercept: 9.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-12-10
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
9.5 m
From
2.6 m
To
12.1 m
Intercept Depth
2.6 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-12-10:2.6-12.1
Mining Method
open_pit

Location

Location
Upper Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2012-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a weak gold grade, and no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.30”

Context: 9.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-10-102Pardo · goldGrade: 0.59Grade Unit: g/tIntercept: 6.34 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-10-102
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
6.34 m
From
0 m
To
6.34 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-10-102:0-6.34
Mining Method
open_pit

Location

Location
Upper Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2010-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a weak gold grade, and no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.59”

Context: 6.34

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-08-29Pardo · goldGrade: 0.32Grade Unit: g/tIntercept: 9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-08-29
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.32
Grade Unit
g/t
Intercept
9 m
From
9 m
To
18 m
Intercept Depth
9 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-08-29:9-18
Mining Method
open_pit

Location

Location
Upper Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2008-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a weak gold grade, and no true width or cut-off grade disclosed.

Negative factors

  • Grade is weak for open pit gold
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated

Evidence · table

“0.32”

Context: 9.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 1. Previous drill result highlights of the Upper Conglomerate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-12-55Pardo · goldGrade: 0.7Grade Unit: g/tIntercept: 7.86 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-12-55
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.7
Grade Unit
g/t
Intercept
7.86 m
From
14.32 m
To
22.18 m
Intercept Depth
14.32 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-12-55:14.32-22.18
Mining Method
open_pit

Location

Location
Matinenda Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2012-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a weak gold grade and no true width or cut-off grade disclosed, with potential deleterious elements due to its sulphide-rich nature.

Negative factors

  • Grade is weak for open pit gold
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated
  • Deleterious elements present due to sulphide-rich nature

Evidence · table

“0.70”

Context: 7.86

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Deleterious Elements PresentRejected · negative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Reason: Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Evidence · text

“Given its sulphide-rich nature, the Company is evaluating its metallurgy and ore sorting potential, with the objective of producing a higher-grade sulphide concentrate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-12-55Pardo · goldGrade: 1.59Grade Unit: g/tIntercept: 1.87 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-12-55
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.59
Grade Unit
g/t
Intercept
1.87 m
From
19.84 m
To
21.71 m
Intercept Depth
14.32 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-12-55:19.84-21.71
Mining Method
open_pit

Location

Location
Matinenda Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2012-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality, with potential deleterious elements due to its sulphide-rich nature.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated
  • Deleterious elements present due to sulphide-rich nature

Evidence · table

“1.59”

Context: 1.87

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Deleterious Elements PresentRejected · negative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Reason: Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Evidence · text

“Given its sulphide-rich nature, the Company is evaluating its metallurgy and ore sorting potential, with the objective of producing a higher-grade sulphide concentrate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-12-63Pardo · goldGrade: 1.3Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-12-63
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
2 m
From
8.72 m
To
10.72 m
Intercept Depth
8.72 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-12-63:8.72-10.72
Mining Method
open_pit

Location

Location
Matinenda Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2012-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a moderate gold grade, but the narrow width and lack of true width or cut-off grade disclosure limit its materiality, with potential deleterious elements due to its sulphide-rich nature.

Positive factors

  • Grade is moderate for open pit gold

Negative factors

  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated
  • Deleterious elements present due to sulphide-rich nature

Evidence · table

“1.30”

Context: 2.00

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Deleterious Elements PresentRejected · negative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Reason: Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Evidence · text

“Given its sulphide-rich nature, the Company is evaluating its metallurgy and ore sorting potential, with the objective of producing a higher-grade sulphide concentrate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-12-63Pardo · goldGrade: 2.11Grade Unit: g/tIntercept: 0.57 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-12-63
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
2.11
Grade Unit
g/t
Intercept
0.57 m
From
9.67 m
To
10.24 m
Intercept Depth
8.72 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-12-63:9.67-10.24
Mining Method
open_pit

Location

Location
Matinenda Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2012-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a strong gold grade, but the very narrow width and lack of true width or cut-off grade disclosure limit its materiality, with potential deleterious elements due to its sulphide-rich nature.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is very narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated
  • Deleterious elements present due to sulphide-rich nature

Evidence · table

“2.11”

Context: 0.57

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Deleterious Elements PresentRejected · negative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Reason: Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Evidence · text

“Given its sulphide-rich nature, the Company is evaluating its metallurgy and ore sorting potential, with the objective of producing a higher-grade sulphide concentrate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-12-51Pardo · goldGrade: 0.32Grade Unit: g/tIntercept: 11.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-12-51
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.32
Grade Unit
g/t
Intercept
11.5 m
From
25.5 m
To
37 m
Intercept Depth
25.5 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-12-51:25.5-37
Mining Method
open_pit

Location

Location
Matinenda Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2012-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a weak gold grade and no true width or cut-off grade disclosed, with potential deleterious elements due to its sulphide-rich nature.

Negative factors

  • Grade is weak for open pit gold
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated
  • Deleterious elements present due to sulphide-rich nature

Evidence · table

“0.32”

Context: 11.50

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Deleterious Elements PresentRejected · negative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Reason: Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Evidence · text

“Given its sulphide-rich nature, the Company is evaluating its metallurgy and ore sorting potential, with the objective of producing a higher-grade sulphide concentrate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-12-50Pardo · goldGrade: 0.35Grade Unit: g/tIntercept: 9.75 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-12-50
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.35
Grade Unit
g/t
Intercept
9.75 m
From
27 m
To
36.75 m
Intercept Depth
27 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-12-50:27-36.75
Mining Method
open_pit

Location

Location
Matinenda Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2012-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a weak gold grade and no true width or cut-off grade disclosed, with potential deleterious elements due to its sulphide-rich nature.

Negative factors

  • Grade is weak for open pit gold
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated
  • Deleterious elements present due to sulphide-rich nature

Evidence · table

“0.35”

Context: 9.75

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Deleterious Elements PresentRejected · negative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Reason: Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Evidence · text

“Given its sulphide-rich nature, the Company is evaluating its metallurgy and ore sorting potential, with the objective of producing a higher-grade sulphide concentrate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-09-05Pardo · goldGrade: 0.51Grade Unit: g/tIntercept: 7.13 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-09-05
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
7.13 m
From
11 m
To
18.13 m
Intercept Depth
11 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-09-05:11-18.13
Mining Method
open_pit

Location

Location
Matinenda Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a weak gold grade and no true width or cut-off grade disclosed, with potential deleterious elements due to its sulphide-rich nature.

Negative factors

  • Grade is weak for open pit gold
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated
  • Deleterious elements present due to sulphide-rich nature

Evidence · table

“0.51”

Context: 7.13

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Deleterious Elements PresentRejected · negative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Reason: Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Evidence · text

“Given its sulphide-rich nature, the Company is evaluating its metallurgy and ore sorting potential, with the objective of producing a higher-grade sulphide concentrate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-09-05Pardo · goldGrade: 1.22Grade Unit: g/tIntercept: 2.13 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-09-05
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.22
Grade Unit
g/t
Intercept
2.13 m
From
16 m
To
18.13 m
Intercept Depth
11 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-09-05:16-18.13
Mining Method
open_pit

Location

Location
Matinenda Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2009-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Reasoning: This is a historical intercept with a strong gold grade, but the narrow width and lack of true width or cut-off grade disclosure limit its materiality, with potential deleterious elements due to its sulphide-rich nature.

Positive factors

  • Grade is strong for open pit gold

Negative factors

  • Intercept width is narrow
  • Apparent width only, true width not disclosed
  • Cut-off grade for compositing is not stated
  • Deleterious elements present due to sulphide-rich nature

Evidence · table

“1.22”

Context: 2.13

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“Interval (Metres)”

Cut-off UndisclosedRejected · negative

High-grade interval reported without stating the cut-off grade used for compositing.

Reason: High-grade interval reported without stating the cut-off grade used for compositing.

Evidence · text

“Table 2. Previous drill result highlights of the Matineda Conglomerate.”

Deleterious Elements PresentRejected · negative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Reason: Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Evidence · text

“Given its sulphide-rich nature, the Company is evaluating its metallurgy and ore sorting potential, with the objective of producing a higher-grade sulphide concentrate.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols.”
PD-10-37Pardo · goldGrade: 1.29Grade Unit: g/tIntercept: 2.26 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PD-10-37
Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
IVS

Geometry

Grade
1.29
Grade Unit
g/t
Intercept
2.26 m
From
0 m
To
2.26 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
PD-10-37:0-2.26
Mining Method
open_pit

Location

Location
Matinenda Conglomerate Layer
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2010-01-01T00:00:00.000Z

Dates

Event date
2026-04-01T00:00:00.000Z

Positive factors

  • Grade is moderate for open pit gold

Negative factors

  • Intercept width is narrow
  • Apparent width only, true width not disclosed

Evidence · table

“1.29”

Context: 2.26

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.