# Inventus Reports $1.16 Million in Gold Sales and 102% Return on Bulk Sample Cost at Pardo

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/inventus-reports-1-16-million-in-gold-sales-and-102-return-on-bulk-sample-cost-a--6ed03dad-9f65-46ec-be93-bffbe8dc4167

Original source: https://money.tmx.com/en/quote/IVS/news/7923585068043418/inventus-reports-1-16-million-in-gold-sales-and-102-return-on-bulk-sample-cost-a

Publisher: tmx

Original announcement: 2026-03-18T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Inventus Mining Corp.

- Ticker: IVS

- Exchange: TSX

- Region: Ontario

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Metallurgy

- Extracted: 2026-09-14 06:48:36 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Inventus Mining Corp. reported successful results from its Trench 1 bulk sample at the Pardo Project, recovering 172 ounces of gold from 2,512 tonnes. The campaign generated $1.16 million in gold sales, exceeding direct costs by 102%, despite winter conditions affecting milling throughput and sampling reliability.

Reasoning: The bulk sample demonstrated strong economics \(102% return\) and high gold sales, though technical reliability was hampered by winter conditions and limited sample volume.

- Positive factor: Strong economic return on bulk sample

- Positive factor: High gold sales relative to costs

- Positive factor: Established CIL flowsheet

- Negative factor: Winter conditions impacted throughput and sampling reliability

- Negative factor: Only 25% of bulk sample processed to date

- Negative factor: Metallurgical results are preliminary estimates

Facts used in scoring: 1

## Classification and evidence

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The bulk sample was processed using a conventional CIL flowsheet at a stock mill.

Evidence · text

> utilizing a conventional carbon in leach "CIL" flowsheet

**Bench Scale Only**

Polarity: negative

Definition: Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The results are from a bulk sample campaign described as providing operating data to refine a resource estimate, but the document notes throughput and sampling reliability were limited by winter conditions.

Evidence · text

> Material freezing within the milling circuit reduced throughput relative to the planned run and limited the reliability of tailings sampling.

**Single Domain Only**

Polarity: negative

Definition: 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)

### CIL

[Link to this fact](https://atlas-extractions.minestarters.com/news/inventus-reports-1-16-million-in-gold-sales-and-102-return-on-bulk-sample-cost-a--6ed03dad-9f65-46ec-be93-bffbe8dc4167#fact-metallurgical-facts-0)

Pardo · gold

#### Identity

- Project: Pardo
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: IVS

#### Test Work

- Program Status: preliminary
- Test Type: CIL
- Processing Route: ball mill, CIL tanks
- Sample: Trench 1 bulk sample, 2,512 dry tonnes processed

#### Recovery

- Recovery: 85 %
- Recovery Basis: actual\_test
- Head Grade: 2.51
- Head Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-18T00:00:00.000Z

Reasoning: The recovery and grade are reported as estimates due to operational challenges caused by severe winter conditions.

- Positive factor: 85% recovery is solid for a preliminary bulk sample

- Negative factor: Results are estimates due to winter conditions affecting throughput and tailings sampling reliability

Evidence · text

> Trench 1 bulk sample is estimated to have a head grade of 2.51 g/t gold and a metallurgical recovery of 85%. These figures are estimates because severe winter conditions affected the milling campaign.

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: 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.