# 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--9a013075-8744-45a3-88b7-bf408ea12d0e Original source: https://www.globenewswire.com/news-release/2026/10/20/3384230/0/en/inventus-commences-6-000-metre-155-hole-phase-3-drill-program-at-pardo.html Publisher: globenewswire Original announcement: 2026-10-20T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-20T12:44:10.367Z Atlas analysis updated: 2026-10-20T12:44:10.367Z - Company: Inventus Mining Corp - Ticker: IVS - Exchange: Unavailable - Region: Ontario - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Other, Drill results - Extracted: 2026-10-20 12:44:11 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 Gold Project in Ontario to expand the known gold-bearing footprint. The company is also preparing to release its maiden mineral resource estimate in mid-November 2026. Reasoning: The announcement marks the start of a significant exploration phase and the imminent release of a maiden resource, which are key value drivers for an explorer. - Positive factor: Commencement of large-scale 6,000m Phase 3 drill program - Positive factor: Significant expansion of drill footprint \(196%\) - 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: Phase 3 drilling 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, but the context of advancing a maiden resource implies continuity work. Evidence · text > aims to test the extension of Pardo’s multiple gold-bearing layers ## 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--9a013075-8744-45a3-88b7-bf408ea12d0e#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 #### 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 reported for context; low novelty as it is a restatement of 2009 data. 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--9a013075-8744-45a3-88b7-bf408ea12d0e#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 #### 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 sub-interval reported for context. 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.