Inventus Recovers 427 Ounces of Gold and Demonstrates Positive Economics From 007 North Bulk Sample at Pardo
Original announcement by tmx on
- Company
- Inventus Mining Corp.
- Ticker
- IVS
- Exchange
- TSX
- Region
- Ontario
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Metallurgy, Other
- Extracted
- 2026-09-14 06:52:34 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Inventus Mining Corp. reported successful results from its 007 North bulk sample at the Pardo Gold Project, recovering 427 ounces of gold. The sample achieved a 94% metallurgical recovery from 4,674 dry tonnes at a reconciled head grade of 3.04 g/t gold, demonstrating positive economics with a 96% return over cost.
Reasoning: The bulk sample successfully demonstrated both high gold recovery and positive economic margins at a pilot scale, de-risking the near-surface paleoplacer deposit.
Positive factors
- High metallurgical recovery (94%)
- Demonstrated positive economics (96% return over cost)
- Pilot scale success validates near-surface mineralization
- Established processing route (CIL)
Negative factors
- Short duration of processing caused metallurgical balance uncertainty
- Pilot scale results may not scale linearly to commercial production
Facts used in scoring: 1
Classification and evidence
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 94% gold recovery is within the exceptional/strong band for a CIL mill route.
Evidence · text
“metallurgical recovery of 94%”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The sample was processed at a stock mill using a CIL flowsheet.
Evidence · text
“utilizing a conventional carbon in leach “CIL” flowsheet”
Single Domain Onlynegative
Testing limited to one composite or domain — representativeness not established.
Why it applies: only one composite was tested
Extracted facts
Stored fact records: 1. Some facts used in scoring do not have a stored record.
Metallurgical Results (1)
CILPardo Gold Project · goldRecovery: 94 %Head Grade: 3.04Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Pardo Gold Project
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- IVS
Test Work
- Program Status
- detailed
- Test Type
- CIL
- Processing Route
- milled to P95 (>95% passing 74 um) through a two-stage cyclone overflow re-grind ball mill circuit and then directed into the CIL tanks
- Sample
- 007 North bulk sample, 4,674 dry tonnes
Recovery
- Recovery
- 94 %
- Recovery Basis
- actual_test
- Head Grade
- 3.04
- Head Grade Unit
- g/t
Reagents
- Reagent Notes
- The material was milled to P95 (>95% passing 74 um) through a two-stage cyclone overflow re-grind ball mill circuit and then directed into the CIL tanks, where activated carbon adsorbed gold from solution.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-01T00:00:00.000Z
Reasoning: High recovery achieved via conventional CIL flowsheet on a pilot-scale bulk sample.
Positive factors
- 94% recovery is strong for a CIL route
Negative factors
- Short duration of processing led to some uncertainty in metallurgical balance
Evidence · text
“reconciled head grade of 3.04 gpt gold and a metallurgical recovery of 94%”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the mill_cil signal
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.