Inventus Reports 564 Ounces of Gold Recovered From the Trench 1 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, Production
- Extracted
- 2026-09-14 06:33:24 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Inventus Mining Corp. reported final results from its Trench 1 bulk sample at the Pardo Project, recovering 564 ounces of gold from 9,842 dry tonnes. The campaign achieved a reconciled head grade of 2.05 g/t gold and a metallurgical recovery of 87.1%, generating positive cash flow.
Reasoning: The bulk sample results demonstrate successful gold recovery and strong reconciliation with the block model, providing a practical pathway to de-risk the project, despite the high unit costs of small-scale sampling.
Positive factors
- positive cash flow from bulk sampling
- strong reconciliation with block model (97%)
- repeatable production demonstrated
- high metallurgical recovery (87.1%)
Negative factors
- high unit costs typical of pilot-scale operations
Facts used in scoring: 3
Classification and evidence
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
“processed at McEwen Inc.’s Stock Mill... uses a conventional carbon-in-leach “CIL” flowsheet”
QA/QC Disclosedpositive · Story-specific tag
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release mentions grade-control drilling and sampling of tailings and circuit inventories for reconciliation.
Evidence · text
“Tailings were sampled following the final CIL tank discharge to assist with metallurgical reconciliation.”
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: 3. Some facts used in scoring do not have a stored record.
Metallurgical Results (3)
CILPardo · goldRecovery: 87.1 %Head Grade: 2.05Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Pardo
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- IVS
Test Work
- Program Status
- detailed
- Test Type
- CIL
- Processing Route
- conventional carbon-in-leach “CIL” flowsheet
- Sample
- Trench 1 bulk sample (combined campaigns)
Recovery
- Recovery
- 87.1 %
- Head Grade
- 2.05
- Head Grade Unit
- g/t
Lab
- Laboratory
- McEwen Inc.’s Stock Mill
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-14T00:00:00.000Z
Reasoning: 87.1% recovery is solid for a CIL circuit on a bulk sample, and the grade reconciliation is excellent.
Positive factors
- recovery within expected range for CIL
- strong reconciliation with block model
Evidence · text
“reconciled head grade of 2.05 g/t gold and metallurgical recovery of 87.1%”
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
CILPardo · goldHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pardo
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- IVS
Test Work
- Program Status
- detailed
- Test Type
- CIL
- Processing Route
- conventional carbon-in-leach “CIL” flowsheet
- Sample
- Trench 1 bulk sample - first campaign
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-03-18T00:00:00.000Z
Dates
- Event date
- 2026-07-14T00:00:00.000Z
Reasoning: This is a restatement of the first campaign results previously reported.
Evidence · text
“The first campaign, consisting of 2,512 dry tonnes, was previously reported by the Company on March 18, 2026”
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
CILPardo · goldView all detailsHide details
Identity
- Project
- Pardo
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- IVS
Test Work
- Program Status
- detailed
- Test Type
- CIL
- Processing Route
- conventional carbon-in-leach “CIL” flowsheet
- Sample
- Trench 1 bulk sample - second campaign
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-14T00:00:00.000Z
Reasoning: New results from the second campaign contributing to the total Trench 1 recovery.
Positive factors
- significant gold recovery (392 oz)
Evidence · text
“The second campaign processed an additional 7,330 dry tonnes... and recovered 392 ounces of gold”
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.