Inventus Reports Up to 75% Gold Recovery from Heap Leach Testwork 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
Extracted
2026-09-14 06:24:00 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Inventus Mining Corp. reported positive gold heap leach test results at its Pardo Project in Ontario, with recoveries reaching up to 74.5% after 78 days. The results suggest a potential integrated processing strategy using ore sorting to separate high-grade material for milling from lower-grade material for heap leaching.

Reasoning: Positive heap leach testwork showing up to 75% recovery with favorable reagent profiles, though suitability for high-grade ore is questioned.

Positive factors

  • responsive to cyanide leaching
  • front-loaded recovery
  • low cyanide consumption
  • no lime addition required

Negative factors

  • heap leach may not be preferred for higher-grade material
  • performance on high-grade composite may not predict lower-grade response

Facts used in scoring: 9

Classification and evidence

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: The metallurgical program evaluated gold recovery using column leach/heap leach testwork.

Evidence · text

“positive metallurgical heap leach test results”

Bench Scale Onlynegative

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

Why it applies: The results are from laboratory-scale column leach tests using 310 kg composites.

Evidence · text

“The results are laboratory-scale and pertain only to the samples tested.”

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 the use of multiple large-mass Photon assays to reduce sampling uncertainty.

Evidence · text

“Multiple large-mass Photon assays were used to reduce sampling uncertainty”

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: 9. Some facts used in scoring do not have a stored record.

Metallurgical Results (9)

column leachPardo · goldRecovery: 64.3 %Head Grade: 2.694Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column A -1/4 inch crush size
Leach Time
648 hours

Recovery

Recovery
64.3 %
Recovery Basis
actual_test
Head Grade
2.694
Head Grade Unit
g/t

Reagents

Cyanide
1.14 kg/t
Lime
0 kg/t
Reagent Notes
low total cyanide consumption of 1.14 kg/t over 78 days and required no lime addition to maintain optimal leach pH above 10.5

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Strong initial recovery and favorable reagent profile for the -1/4 inch crush size.

Positive factors

  • front-loaded recovery
  • low cyanide consumption

Evidence · table

“64.3%”

Context: 2.694

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

column leachPardo · goldRecovery: 72 %Head Grade: 2.694Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column A -1/4 inch crush size
Leach Time
1152 hours

Recovery

Recovery
72 %
Recovery Basis
actual_test
Head Grade
2.694
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant recovery achieved within 48 days.

Positive factors

  • front-loaded recovery

Evidence · table

“72.0%”

Context: 2.694

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

column leachPardo · goldRecovery: 74.5 %Head Grade: 2.694Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column A -1/4 inch crush size
Leach Time
1872 hours

Recovery

Recovery
74.5 %
Recovery Basis
actual_test
Head Grade
2.694
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Highest recovery achieved in the test program.

Positive factors

  • up to 75% recovery

Evidence · table

“74.5%”

Context: 2.694

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

column leachPardo · goldRecovery: 53.1 %Head Grade: 1.514Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column B -3/8 inch crush size
Leach Time
648 hours

Recovery

Recovery
53.1 %
Recovery Basis
actual_test
Head Grade
1.514
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Lower recovery compared to the -1/4 inch column.

Evidence · table

“53.1%”

Context: 1.514

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

column leachPardo · goldRecovery: 60 %Head Grade: 1.514Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column B -3/8 inch crush size
Leach Time
1152 hours

Recovery

Recovery
60 %
Recovery Basis
actual_test
Head Grade
1.514
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Moderate recovery.

Evidence · table

“60.0%”

Context: 1.514

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

column leachPardo · goldRecovery: 66.9 %Head Grade: 1.514Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column B -3/8 inch crush size
Leach Time
1872 hours

Recovery

Recovery
66.9 %
Recovery Basis
actual_test
Head Grade
1.514
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Moderate recovery.

Evidence · table

“66.9%”

Context: 1.514

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

column leachPardo · goldRecovery: 61.1 %Head Grade: 1.91Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column C -1/2 inch crush size
Leach Time
648 hours

Recovery

Recovery
61.1 %
Recovery Basis
actual_test
Head Grade
1.91
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Moderate recovery.

Evidence · table

“61.1%”

Context: 1.910

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

column leachPardo · goldRecovery: 65.1 %Head Grade: 1.91Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column C -1/2 inch crush size
Leach Time
1152 hours

Recovery

Recovery
65.1 %
Recovery Basis
actual_test
Head Grade
1.91
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Moderate recovery.

Evidence · table

“65.1%”

Context: 1.910

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

column leachPardo · goldRecovery: 69.5 %Head Grade: 1.91Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Pardo
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column C -1/2 inch crush size
Leach Time
1872 hours

Recovery

Recovery
69.5 %
Recovery Basis
actual_test
Head Grade
1.91
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Moderate recovery.

Evidence · table

“69.5%”

Context: 1.910

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach 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.