# Inventus Commences 6,000-Metre, 155-Hole Phase 3 Drill Program at Pardo

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/inventus-commences-6-000-metre-155-hole-phase-3-drill-program-at-pardo--5f90cd45-c739-4602-9bac-4cb1d2e3d9de

Original source: https://orestocks.com/company/IVS.V/press-releases/6791898123307408

Publisher: orestocks

Original announcement: 2026-10-20T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-20T11:53:41.276Z

Atlas analysis updated: 2026-10-20T11:53:41.276Z

- Company: Inventus Mining Corp.

- Ticker: IVS.V

- Exchange: Unavailable

- Region: Ontario

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Other, Drill results

- Extracted: 2026-10-20 11:53:41 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Inventus Mining Corp. has commenced a 6,000-metre, 155-hole Phase 3 drill program at its Pardo Project in Ontario to expand the known gold-bearing area. The company is also preparing to release its maiden mineral resource estimate in mid-November 2026.

Reasoning: The announcement marks the start of a major exploration phase and the imminent release of a maiden resource, both key value drivers.

- Positive factor: Commencement of significant 6,000m Phase 3 drill program

- Positive factor: Expansion of drill footprint by ~196%

- Positive factor: Upcoming maiden mineral resource estimate targeted for mid-November 2026

Facts used in scoring: 2

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The Phase 3 program aims to expand the area tested by drilling from 1.2 km² to 3.55 km².

Evidence · text

> expand the area tested by drilling from 1.2 km² to 3.55 km²

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program is described as testing extensions and expanding the area, which is characteristic of exploration/step-out rather than pure infill.

Evidence · text

> Step-out drilling will test the continuation

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### PD-09-05

[Link to this fact](https://atlas-staging.minestarters.com/news/inventus-commences-6-000-metre-155-hole-phase-3-drill-program-at-pardo--5f90cd45-c739-4602-9bac-4cb1d2e3d9de#fact-drill-facts-0)

Pardo · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PD-09-05
- Project: Pardo
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: IVS.V

#### Geometry

- Grade: 0.51
- Grade Unit: g/t
- Intercept: 7.13 m
- From: 11 m
- To: 18.13 m
- Intercept Depth: 11 m

#### Classification

- Sample Type: drill
- Group ID: PD-09-05:11-18.13

#### QA/QC

- QP Signed: 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: 2026-10-20T00:00:00.000Z

Reasoning: Historical intercept from 2009; provides context for the Matinenda Conglomerate target.

Evidence · text

> Historical drilling in 2009 intersected 7.13 metres grading 0.51 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### PD-09-05

[Link to this fact](https://atlas-staging.minestarters.com/news/inventus-commences-6-000-metre-155-hole-phase-3-drill-program-at-pardo--5f90cd45-c739-4602-9bac-4cb1d2e3d9de#fact-drill-facts-1)

Pardo · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: PD-09-05
- Project: Pardo
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: IVS.V

#### Geometry

- Grade: 1.21
- Grade Unit: g/t
- Intercept: 2.13 m
- From: 11 m
- To: 13.13 m
- Intercept Depth: 11 m

#### Classification

- Sample Type: drill
- Group ID: PD-09-05:11-13.13

#### QA/QC

- QP Signed: 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: 2026-10-20T00:00:00.000Z

Reasoning: Historical high-grade sub-interval from 2009.

Evidence · text

> including 2.13 metres grading 1.21 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

## 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.
