Inventus Continues Expanding Flat Surface Gold Mineralization at the Pardo "River of Gold" Project

Original announcement by tmx on

Company
Inventus Mining Corp.
Ticker
IVS
Exchange
TSX
Region
Ontario
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Production, Resource update
Extracted
2026-08-21 18:57:29 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Inventus Mining Corp. announced positive drill results from its Pardo "River of Gold" Project in Ontario, expanding flat and shallow gold mineralization. The program included both Phase 2 step-out drilling and grade-control drilling, with several high-grade intercepts up to 21.0 gpt gold over 0.35 metres. The company is also advancing bulk sampling operations, with processing of a 10,128-tonne sample scheduled to begin soon, aiming to validate grades and generate operational cash flow.

Reasoning: The drill results demonstrate continued expansion of shallow, flat-lying gold mineralization with several high-grade intercepts, which is positive for the upcoming initial resource estimate. The ongoing bulk sampling program further de-risks the project and provides a pathway to potential cash flow. However, the narrow widths of the intercepts and lack of cut-off grade disclosure are minor concerns.

Positive factors

  • Multiple high-grade gold intercepts, including several bonanza grades, expand known mineralization.
  • Drilling confirms continuity of flat and shallow gold mineralization, supporting future resource estimation.
  • Bulk sampling is underway and scheduled for processing, validating grades and providing operational cash flow.

Negative factors

  • All reported intercepts are narrow, with many sub-intervals being very narrow, which may impact overall resource tonnage.
  • Cut-off grades for compositing are not disclosed, limiting transparency for interval reporting.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 61

Atlas analysis — Inventus Mining Corp.: Inventus Continues Expanding Flat Surface Gold Mineralization at the Pardo "River of Gold" Project. 6.1 gpt over 1.58 m; 5.6 gpt over 1.47 m; 4.4 gpt over 1.81 m

Classification and evidence

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document explicitly states that 'Interval width is approximate true thickness' and that 'all holes were drilled vertically with an inclination of -90 degrees' into a 'flat to 5-degree dip' mineralization.

Evidence · text

“Interval width is approximate true thickness. Mineralization has a flat to 5-degree dip, and all holes were drilled vertically with an inclination of -90 degrees.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release mentions a Qualified Person, an ISO 17025:2017 accredited laboratory (MSA Labs), and QA/QC protocols including certified reference materials and secure sample transport.

Evidence · text

“The Qualified Person responsible for the technical content of this news release is Inventus' President and Head of Exploration, Wesley Whymark, P.Geo., who has reviewed and approved the technical disclosure in this news release on behalf of the Company. Technical Information Drill core samples collected by Inventus and described in this news release were subject to robust QA/QC protocols. PQ Size drill core was placed in core boxes by the contracted drill crew and then transported by Inventus personnel to a secure processing facility in Sudbury, Ontario. The core was then reviewed with core metreage blocks checked to verify core integrity, recovery and geologically logged with samples marked. Whole core samples were then photographed and inserted into a clean plastic bag with a sample tag. Certified reference materials were inserted into the sample stream at a rate of no less than 10%. Samples were then transported in secure sealed bags with security tags for preparation and assay by MSA Labs in Val d'Or, Quebec. All samples reported were crushed in their entirety to 80% passing 2 mm. A subsample comprising 2 kg was riffle split and pulverized to 85% passing 75 microns (-200 mesh). The 2kg pulverized subsample is then riffle split into one 300- to 500-g jar for gold analysis by PhotonAssay. MSA Labs is an ISO 17025:2017 accredited geochemical testing laboratory.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Phase 2 drilling is described as expanding the gold mineralization to the West and North with 30- to 60-metre step-outs.

Evidence · text

“Phase 2 drilling continues to expand the flat and shallow gold mineralization to the West and North at depths of 4 to 30 metres... Phase 2 drilling is conducted at 30- to 60-metre step-outs to identify and confirm gold mineralization within the target layer.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The document states that 'grade-control drilling is completed at 7.5-metre centres prior to extraction' and the TR1-25-xxx holes are identified as grade-control holes.

Evidence · text

“grade-control drilling is completed at 7.5-metre centres prior to extraction.”

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The company states that the drilling and bulk sampling programs are 'focused on delivering an initial resource estimate'.

Evidence · text

“These programs are focused on delivering an initial resource estimate”

Cut-off Undisclosednegative

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

Why it applies: The document does not state the cut-off grade used for reporting the drill intercepts.

Evidence · text

“The target range of grade for the unit remains at 2.5 to 3.5 gpt gold.”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 13.1 gpt gold over 0.50 m is well above the exceptional threshold of 3 gpt for open pit gold deposits.

Evidence · table

“13.1”

Context: 0.50

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 20.0 gpt gold over 0.44 m is well above the exceptional threshold of 3 gpt for open pit gold deposits.

Evidence · table

“20.0”

Context: 0.44

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 21.0 gpt gold over 0.35 m is well above the exceptional threshold of 3 gpt for open pit gold deposits.

Evidence · table

“21.0”

Context: 0.35

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 13.4 gpt gold over 0.60 m is well above the exceptional threshold of 3 gpt for open pit gold deposits.

Evidence · table

“13.4”

Context: 0.60

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 12.7 gpt gold over 0.37 m is well above the exceptional threshold of 3 gpt for open pit gold deposits.

Evidence · table

“12.7”

Context: 0.37

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 11.6 gpt gold over 0.39 m is well above the exceptional threshold of 3 gpt for open pit gold deposits.

Evidence · table

“11.6”

Context: 0.39

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 14.1 gpt gold over 0.50 m is well above the exceptional threshold of 3 gpt for open pit gold deposits.

Evidence · table

“14.1”

Context: 0.50

Paleoplacer Depositneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The project is explicitly named the 'Pardo Paleoplacer Gold Project'.

Evidence · text

“Pardo Paleoplacer Gold Project”

Extracted facts

Stored fact records: 61. Some facts used in scoring do not have a stored record.

Drill Results (61)

PD-25-91Pardo "River of Gold" Project · goldGrade: 1.6Grade Unit: gptIntercept: 2.34 mView all details
Link to this fact

Identity

Hole ID
PD-25-91
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1.6
Grade Unit
gpt
Intercept
2.34 m
True Width
2.34 m
From
27.3 m
To
29.64 m
Hole Depth
34 m
Intercept Depth
27.3 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
555989
Northing
5183560
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality. True width disclosure is a positive.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.6”

Context: 2.34

PD-25-92Pardo "River of Gold" Project · goldGrade: 4.6Grade Unit: gptIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
PD-25-92
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
4.6
Grade Unit
gpt
Intercept
1.5 m
True Width
1.5 m
From
30.9 m
To
32.4 m
Hole Depth
40 m
Intercept Depth
30.9 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556021
Northing
5183563
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade for an open pit scenario, contributing positively to the project's potential, though the narrow width limits its overall impact.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“4.6”

Context: 1.50

PD-25-92Pardo "River of Gold" Project · goldGrade: 13.1Grade Unit: gptIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-25-92
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
13.1
Grade Unit
gpt
Intercept
0.5 m
True Width
0.5 m
From
31.9 m
To
32.4 m
Hole Depth
40 m
Intercept Depth
31.9 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556021
Northing
5183563
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features a bonanza-grade gold intercept, which is highly positive, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional and bonanza-grade for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“13.1”

Context: 0.50

PD-25-93Pardo "River of Gold" Project · goldGrade: 0.4Grade Unit: gptIntercept: 2.96 mView all details
Link to this fact

Identity

Hole ID
PD-25-93
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
0.4
Grade Unit
gpt
Intercept
2.96 m
True Width
2.96 m
From
30.04 m
To
33 m
Hole Depth
36.5 m
Intercept Depth
30.04 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556049
Northing
5183559
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a weak gold grade for an open pit scenario, indicating low materiality despite true width disclosure.

Positive factors

  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Grade is weak for an open pit gold deposit.
  • Intercept width is narrow.

Evidence · table

“0.4”

Context: 2.96

PD-25-119Pardo "River of Gold" Project · goldGrade: 6.1Grade Unit: gptIntercept: 1.58 mView all details
Link to this fact

Identity

Hole ID
PD-25-119
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
6.1
Grade Unit
gpt
Intercept
1.58 m
True Width
1.58 m
From
11.64 m
To
13.22 m
Hole Depth
17.5 m
Intercept Depth
11.64 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556149
Northing
5183425
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade for an open pit scenario, contributing positively to the project's potential, though the narrow width limits its overall impact.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“6.1”

Context: 1.58

PD-25-119Pardo "River of Gold" Project · goldGrade: 20Grade Unit: gptIntercept: 0.44 mView all details
Link to this fact

Identity

Hole ID
PD-25-119
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
20
Grade Unit
gpt
Intercept
0.44 m
True Width
0.44 m
From
12.02 m
To
12.46 m
Hole Depth
17.5 m
Intercept Depth
12.02 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556149
Northing
5183425
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features a bonanza-grade gold intercept, which is highly positive, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional and bonanza-grade for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“20.0”

Context: 0.44

PD-25-120Pardo "River of Gold" Project · goldGrade: 2.1Grade Unit: gptIntercept: 1.54 mView all details
Link to this fact

Identity

Hole ID
PD-25-120
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.1
Grade Unit
gpt
Intercept
1.54 m
True Width
1.54 m
From
9.69 m
To
11.23 m
Hole Depth
16 m
Intercept Depth
9.69 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556150
Northing
5183394
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“2.1”

Context: 1.54

PD-25-120Pardo "River of Gold" Project · goldGrade: 6.1Grade Unit: gptIntercept: 0.49 mView all details
Link to this fact

Identity

Hole ID
PD-25-120
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
6.1
Grade Unit
gpt
Intercept
0.49 m
True Width
0.49 m
From
10.74 m
To
11.23 m
Hole Depth
16 m
Intercept Depth
10.74 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556150
Northing
5183394
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“6.1”

Context: 0.49

PD-25-121Pardo "River of Gold" Project · goldGrade: 2.3Grade Unit: gptIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
PD-25-121
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.3
Grade Unit
gpt
Intercept
1.55 m
True Width
1.55 m
From
6.9 m
To
8.45 m
Hole Depth
11.5 m
Intercept Depth
6.9 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556112
Northing
5183267
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“2.3”

Context: 1.55

PD-25-121Pardo "River of Gold" Project · goldGrade: 3.6Grade Unit: gptIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-25-121
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
3.6
Grade Unit
gpt
Intercept
0.5 m
True Width
0.5 m
From
6.9 m
To
7.4 m
Hole Depth
11.5 m
Intercept Depth
6.9 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556112
Northing
5183267
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“3.6”

Context: 0.50

PD-25-122Pardo "River of Gold" Project · goldGrade: 0.6Grade Unit: gptIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
PD-25-122
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
0.6
Grade Unit
gpt
Intercept
3.75 m
True Width
3.75 m
From
6.66 m
To
10.41 m
Hole Depth
13 m
Intercept Depth
6.66 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556090
Northing
5183271
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a weak gold grade for an open pit scenario, indicating low materiality despite true width disclosure.

Positive factors

  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Grade is weak for an open pit gold deposit.
  • Intercept width is narrow.

Evidence · table

“0.6”

Context: 3.75

PD-25-124Pardo "River of Gold" Project · goldGrade: 4.4Grade Unit: gptIntercept: 1.81 mView all details
Link to this fact

Identity

Hole ID
PD-25-124
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
4.4
Grade Unit
gpt
Intercept
1.81 m
True Width
1.81 m
From
7.49 m
To
9.3 m
Hole Depth
10.5 m
Intercept Depth
7.49 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556117
Northing
5183211
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade for an open pit scenario, contributing positively to the project's potential, though the narrow width limits its overall impact.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“4.4”

Context: 1.81

PD-25-124Pardo "River of Gold" Project · goldGrade: 21Grade Unit: gptIntercept: 0.35 mView all details
Link to this fact

Identity

Hole ID
PD-25-124
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
21
Grade Unit
gpt
Intercept
0.35 m
True Width
0.35 m
From
8.4 m
To
8.75 m
Hole Depth
10.5 m
Intercept Depth
8.4 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556117
Northing
5183211
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features a bonanza-grade gold intercept, which is highly positive, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional and bonanza-grade for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“21.0”

Context: 0.35

PD-25-127Pardo "River of Gold" Project · goldGrade: 1.4Grade Unit: gptIntercept: 2.06 mView all details
Link to this fact

Identity

Hole ID
PD-25-127
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1.4
Grade Unit
gpt
Intercept
2.06 m
True Width
2.06 m
From
7.37 m
To
9.43 m
Hole Depth
8.5 m
Intercept Depth
7.37 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556066
Northing
5183191
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a moderate gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is moderate for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.4”

Context: 2.06

PD-25-127Pardo "River of Gold" Project · goldGrade: 3.8Grade Unit: gptIntercept: 0.38 mView all details
Link to this fact

Identity

Hole ID
PD-25-127
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
3.8
Grade Unit
gpt
Intercept
0.38 m
True Width
0.38 m
From
8.37 m
To
8.75 m
Hole Depth
8.5 m
Intercept Depth
8.37 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556066
Northing
5183191
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“3.8”

Context: 0.38

PD-25-128Pardo "River of Gold" Project · goldGrade: 2.4Grade Unit: gptIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
PD-25-128
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.4
Grade Unit
gpt
Intercept
1.95 m
True Width
1.95 m
From
7.5 m
To
9.45 m
Hole Depth
11.5 m
Intercept Depth
7.5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556115
Northing
5183190
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“2.4”

Context: 1.95

PD-25-128Pardo "River of Gold" Project · goldGrade: 4.3Grade Unit: gptIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-25-128
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
4.3
Grade Unit
gpt
Intercept
0.5 m
True Width
0.5 m
From
8 m
To
8.5 m
Hole Depth
11.5 m
Intercept Depth
8 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556115
Northing
5183190
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“4.3”

Context: 0.50

PD-25-130Pardo "River of Gold" Project · goldGrade: 2.2Grade Unit: gptIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
PD-25-130
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.2
Grade Unit
gpt
Intercept
1.45 m
True Width
1.45 m
From
5.3 m
To
6.75 m
Hole Depth
9.3 m
Intercept Depth
5.3 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556088
Northing
5183166
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“2.2”

Context: 1.45

PD-25-130Pardo "River of Gold" Project · goldGrade: 6.2Grade Unit: gptIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
PD-25-130
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
6.2
Grade Unit
gpt
Intercept
0.45 m
True Width
0.45 m
From
6.3 m
To
6.75 m
Hole Depth
9.3 m
Intercept Depth
6.3 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556088
Northing
5183166
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“6.2”

Context: 0.45

PD-25-133Pardo "River of Gold" Project · goldGrade: 1.1Grade Unit: gptIntercept: 1.67 mView all details
Link to this fact

Identity

Hole ID
PD-25-133
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1.1
Grade Unit
gpt
Intercept
1.67 m
True Width
1.67 m
From
6.06 m
To
7.73 m
Hole Depth
8.6 m
Intercept Depth
6.06 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556086
Northing
5183143
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a moderate gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is moderate for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.1”

Context: 1.67

PD-25-137Pardo "River of Gold" Project · goldGrade: 2.1Grade Unit: gptIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
PD-25-137
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.1
Grade Unit
gpt
Intercept
1.25 m
True Width
1.25 m
From
4.15 m
To
5.4 m
Hole Depth
7 m
Intercept Depth
4.15 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556076
Northing
5183113
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“2.1”

Context: 1.25

PD-25-137Pardo "River of Gold" Project · goldGrade: 6.2Grade Unit: gptIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
PD-25-137
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
6.2
Grade Unit
gpt
Intercept
0.4 m
True Width
0.4 m
From
5 m
To
5.4 m
Hole Depth
7 m
Intercept Depth
5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556076
Northing
5183113
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“6.2”

Context: 0.40

PD-25-142Pardo "River of Gold" Project · goldGrade: 1Grade Unit: gptIntercept: 2.41 mView all details
Link to this fact

Identity

Hole ID
PD-25-142
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1
Grade Unit
gpt
Intercept
2.41 m
True Width
2.41 m
From
16.47 m
To
18.88 m
Hole Depth
22 m
Intercept Depth
16.47 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556243
Northing
5183364
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a moderate gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is moderate for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.0”

Context: 2.41

PD-25-142Pardo "River of Gold" Project · goldGrade: 2.7Grade Unit: gptIntercept: 0.46 mView all details
Link to this fact

Identity

Hole ID
PD-25-142
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.7
Grade Unit
gpt
Intercept
0.46 m
True Width
0.46 m
From
18.42 m
To
18.88 m
Hole Depth
22 m
Intercept Depth
18.42 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556243
Northing
5183364
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features a strong gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“2.7”

Context: 0.46

PD-25-143Pardo "River of Gold" Project · goldGrade: 1.2Grade Unit: gptIntercept: 1.48 mView all details
Link to this fact

Identity

Hole ID
PD-25-143
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1.2
Grade Unit
gpt
Intercept
1.48 m
True Width
1.48 m
From
10.12 m
To
11.6 m
Hole Depth
14.5 m
Intercept Depth
10.12 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556295
Northing
5183357
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a moderate gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is moderate for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.2”

Context: 1.48

PD-25-148Pardo "River of Gold" Project · goldGrade: 1.7Grade Unit: gptIntercept: 1.58 mView all details
Link to this fact

Identity

Hole ID
PD-25-148
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1.7
Grade Unit
gpt
Intercept
1.58 m
True Width
1.58 m
From
10.1 m
To
11.68 m
Hole Depth
13 m
Intercept Depth
10.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556300
Northing
5183430
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.7”

Context: 1.58

PD-25-148Pardo "River of Gold" Project · goldGrade: 4.4Grade Unit: gptIntercept: 0.58 mView all details
Link to this fact

Identity

Hole ID
PD-25-148
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
4.4
Grade Unit
gpt
Intercept
0.58 m
True Width
0.58 m
From
11.1 m
To
11.68 m
Hole Depth
13 m
Intercept Depth
11.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556300
Northing
5183430
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“4.4”

Context: 0.58

PD-25-147Pardo "River of Gold" Project · goldGrade: 1.5Grade Unit: gptIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
PD-25-147
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1.5
Grade Unit
gpt
Intercept
1.5 m
True Width
1.5 m
From
15.72 m
To
17.22 m
Hole Depth
20.5 m
Intercept Depth
15.72 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556253
Northing
5183389
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.5”

Context: 1.50

PD-25-147Pardo "River of Gold" Project · goldGrade: 3Grade Unit: gptIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PD-25-147
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
3
Grade Unit
gpt
Intercept
0.5 m
True Width
0.5 m
From
16.72 m
To
17.22 m
Hole Depth
20.5 m
Intercept Depth
16.72 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556253
Northing
5183389
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“3.0”

Context: 0.50

PD-25-150Pardo "River of Gold" Project · goldGrade: 1.2Grade Unit: gptIntercept: 1.71 mView all details
Link to this fact

Identity

Hole ID
PD-25-150
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1.2
Grade Unit
gpt
Intercept
1.71 m
True Width
1.71 m
From
15.8 m
To
17.51 m
Hole Depth
19 m
Intercept Depth
15.8 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556250
Northing
5183415
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a moderate gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is moderate for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.2”

Context: 1.71

PD-25-150Pardo "River of Gold" Project · goldGrade: 2.9Grade Unit: gptIntercept: 0.34 mView all details
Link to this fact

Identity

Hole ID
PD-25-150
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.9
Grade Unit
gpt
Intercept
0.34 m
True Width
0.34 m
From
17.17 m
To
17.51 m
Hole Depth
19 m
Intercept Depth
17.17 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556250
Northing
5183415
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features a strong gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“2.9”

Context: 0.34

PD-25-152Pardo "River of Gold" Project · goldGrade: 2.1Grade Unit: gptIntercept: 1.22 mView all details
Link to this fact

Identity

Hole ID
PD-25-152
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.1
Grade Unit
gpt
Intercept
1.22 m
True Width
1.22 m
From
8.69 m
To
9.91 m
Hole Depth
11.5 m
Intercept Depth
8.69 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556277
Northing
5183460
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“2.1”

Context: 1.22

PD-25-152Pardo "River of Gold" Project · goldGrade: 5.1Grade Unit: gptIntercept: 0.46 mView all details
Link to this fact

Identity

Hole ID
PD-25-152
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
5.1
Grade Unit
gpt
Intercept
0.46 m
True Width
0.46 m
From
9.45 m
To
9.91 m
Hole Depth
11.5 m
Intercept Depth
9.45 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556277
Northing
5183460
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“5.1”

Context: 0.46

PD-25-155Pardo "River of Gold" Project · goldGrade: 2.2Grade Unit: gptIntercept: 1.53 mView all details
Link to this fact

Identity

Hole ID
PD-25-155
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.2
Grade Unit
gpt
Intercept
1.53 m
True Width
1.53 m
From
10.45 m
To
11.98 m
Hole Depth
17.5 m
Intercept Depth
10.45 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556290
Northing
5183317
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“2.2”

Context: 1.53

PD-25-155Pardo "River of Gold" Project · goldGrade: 4.2Grade Unit: gptIntercept: 0.52 mView all details
Link to this fact

Identity

Hole ID
PD-25-155
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
4.2
Grade Unit
gpt
Intercept
0.52 m
True Width
0.52 m
From
10.95 m
To
11.47 m
Hole Depth
17.5 m
Intercept Depth
10.95 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
556290
Northing
5183317
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“4.2”

Context: 0.52

TR1-25-126Pardo "River of Gold" Project · goldGrade: 3Grade Unit: gptIntercept: 1.33 mView all details
Link to this fact

Identity

Hole ID
TR1-25-126
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
3
Grade Unit
gpt
Intercept
1.33 m
True Width
1.33 m
From
8 m
To
9.33 m
Hole Depth
12.3 m
Intercept Depth
8 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556352
Northing
5183334
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control intercept shows an exceptional gold grade for an open pit scenario, contributing positively to the project's potential, though the narrow width limits its overall impact.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“3.0”

Context: 1.33

TR1-25-126Pardo "River of Gold" Project · goldGrade: 6.4Grade Unit: gptIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
TR1-25-126
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
6.4
Grade Unit
gpt
Intercept
0.5 m
True Width
0.5 m
From
8.83 m
To
9.33 m
Hole Depth
12.3 m
Intercept Depth
8.83 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556352
Northing
5183334
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features a bonanza-grade gold intercept, which is highly positive, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional and bonanza-grade for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“6.4”

Context: 0.50

TR1-25-127Pardo "River of Gold" Project · goldGrade: 2.4Grade Unit: gptIntercept: 1.58 mView all details
Link to this fact

Identity

Hole ID
TR1-25-127
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.4
Grade Unit
gpt
Intercept
1.58 m
True Width
1.58 m
From
8.49 m
To
10.07 m
Hole Depth
11.5 m
Intercept Depth
8.49 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556345
Northing
5183337
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The grade-control intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“2.4”

Context: 1.58

TR1-25-127Pardo "River of Gold" Project · goldGrade: 9.1Grade Unit: gptIntercept: 0.38 mView all details
Link to this fact

Identity

Hole ID
TR1-25-127
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
9.1
Grade Unit
gpt
Intercept
0.38 m
True Width
0.38 m
From
9.37 m
To
9.75 m
Hole Depth
11.5 m
Intercept Depth
9.37 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556345
Northing
5183337
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features a bonanza-grade gold intercept, which is highly positive, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional and bonanza-grade for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“9.1”

Context: 0.38

TR1-25-128Pardo "River of Gold" Project · goldGrade: 1.3Grade Unit: gptIntercept: 1.97 mView all details
Link to this fact

Identity

Hole ID
TR1-25-128
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1.3
Grade Unit
gpt
Intercept
1.97 m
True Width
1.97 m
From
8.78 m
To
10.75 m
Hole Depth
13 m
Intercept Depth
8.78 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556344
Northing
5183345
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The grade-control intercept shows a moderate gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is moderate for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.3”

Context: 1.97

TR1-25-128Pardo "River of Gold" Project · goldGrade: 3.4Grade Unit: gptIntercept: 0.54 mView all details
Link to this fact

Identity

Hole ID
TR1-25-128
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
3.4
Grade Unit
gpt
Intercept
0.54 m
True Width
0.54 m
From
10.21 m
To
10.75 m
Hole Depth
13 m
Intercept Depth
10.21 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556344
Northing
5183345
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“3.4”

Context: 0.54

TR1-25-129Pardo "River of Gold" Project · goldGrade: 1.1Grade Unit: gptIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
TR1-25-129
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1.1
Grade Unit
gpt
Intercept
1.65 m
True Width
1.65 m
From
8.53 m
To
10.18 m
Hole Depth
11.5 m
Intercept Depth
8.53 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556350
Northing
5183349
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The grade-control intercept shows a moderate gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is moderate for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.1”

Context: 1.65

TR1-25-129Pardo "River of Gold" Project · goldGrade: 2.6Grade Unit: gptIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
TR1-25-129
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.6
Grade Unit
gpt
Intercept
0.45 m
True Width
0.45 m
From
9.73 m
To
10.18 m
Hole Depth
11.5 m
Intercept Depth
9.73 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556350
Northing
5183349
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features a strong gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“2.6”

Context: 0.45

TR1-25-130Pardo "River of Gold" Project · goldGrade: 2.1Grade Unit: gptIntercept: 1.43 mView all details
Link to this fact

Identity

Hole ID
TR1-25-130
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.1
Grade Unit
gpt
Intercept
1.43 m
True Width
1.43 m
From
9.02 m
To
10.45 m
Hole Depth
13 m
Intercept Depth
9.02 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556349
Northing
5183361
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The grade-control intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“2.1”

Context: 1.43

TR1-25-130Pardo "River of Gold" Project · goldGrade: 3.2Grade Unit: gptIntercept: 0.51 mView all details
Link to this fact

Identity

Hole ID
TR1-25-130
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
3.2
Grade Unit
gpt
Intercept
0.51 m
True Width
0.51 m
From
9.94 m
To
10.45 m
Hole Depth
13 m
Intercept Depth
9.94 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556349
Northing
5183361
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“3.2”

Context: 0.51

TR1-25-131Pardo "River of Gold" Project · goldGrade: 5.6Grade Unit: gptIntercept: 1.47 mView all details
Link to this fact

Identity

Hole ID
TR1-25-131
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
5.6
Grade Unit
gpt
Intercept
1.47 m
True Width
1.47 m
From
8.96 m
To
10.43 m
Hole Depth
13 m
Intercept Depth
8.96 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556344
Northing
5183354
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control intercept shows an exceptional gold grade for an open pit scenario, contributing positively to the project's potential, though the narrow width limits its overall impact.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“5.6”

Context: 1.47

TR1-25-131Pardo "River of Gold" Project · goldGrade: 13.4Grade Unit: gptIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
TR1-25-131
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
13.4
Grade Unit
gpt
Intercept
0.6 m
True Width
0.6 m
From
9.83 m
To
10.43 m
Hole Depth
13 m
Intercept Depth
9.83 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556344
Northing
5183354
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features a bonanza-grade gold intercept, which is highly positive, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional and bonanza-grade for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“13.4”

Context: 0.60

TR1-25-132Pardo "River of Gold" Project · goldGrade: 4.3Grade Unit: gptIntercept: 1.72 mView all details
Link to this fact

Identity

Hole ID
TR1-25-132
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
4.3
Grade Unit
gpt
Intercept
1.72 m
True Width
1.72 m
From
9.45 m
To
11.17 m
Hole Depth
13 m
Intercept Depth
9.45 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556343
Northing
5183363
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control intercept shows an exceptional gold grade for an open pit scenario, contributing positively to the project's potential, though the narrow width limits its overall impact.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“4.3”

Context: 1.72

TR1-25-132Pardo "River of Gold" Project · goldGrade: 12.7Grade Unit: gptIntercept: 0.37 mView all details
Link to this fact

Identity

Hole ID
TR1-25-132
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
12.7
Grade Unit
gpt
Intercept
0.37 m
True Width
0.37 m
From
9.8 m
To
10.17 m
Hole Depth
13 m
Intercept Depth
9.8 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556343
Northing
5183363
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features a bonanza-grade gold intercept, which is highly positive, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional and bonanza-grade for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“12.7”

Context: 0.37

TR1-25-133Pardo "River of Gold" Project · goldGrade: 1.1Grade Unit: gptIntercept: 1.37 mView all details
Link to this fact

Identity

Hole ID
TR1-25-133
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1.1
Grade Unit
gpt
Intercept
1.37 m
True Width
1.37 m
From
9.02 m
To
10.39 m
Hole Depth
13 m
Intercept Depth
9.02 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556349
Northing
5183368
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The grade-control intercept shows a moderate gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is moderate for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.1”

Context: 1.37

TR1-25-133Pardo "River of Gold" Project · goldGrade: 2.5Grade Unit: gptIntercept: 0.51 mView all details
Link to this fact

Identity

Hole ID
TR1-25-133
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.5
Grade Unit
gpt
Intercept
0.51 m
True Width
0.51 m
From
9.52 m
To
10.03 m
Hole Depth
13 m
Intercept Depth
9.52 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556349
Northing
5183368
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features a strong gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“2.5”

Context: 0.51

TR1-25-134Pardo "River of Gold" Project · goldGrade: 2.3Grade Unit: gptIntercept: 1.42 mView all details
Link to this fact

Identity

Hole ID
TR1-25-134
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.3
Grade Unit
gpt
Intercept
1.42 m
True Width
1.42 m
From
9.3 m
To
10.72 m
Hole Depth
11.5 m
Intercept Depth
9.3 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556343
Northing
5183371
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The grade-control intercept shows a strong gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“2.3”

Context: 1.42

TR1-25-134Pardo "River of Gold" Project · goldGrade: 5.6Grade Unit: gptIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
TR1-25-134
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
5.6
Grade Unit
gpt
Intercept
0.4 m
True Width
0.4 m
From
9.8 m
To
10.2 m
Hole Depth
11.5 m
Intercept Depth
9.8 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556343
Northing
5183371
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“5.6”

Context: 0.40

TR1-25-135Pardo "River of Gold" Project · goldGrade: 3.8Grade Unit: gptIntercept: 1.53 mView all details
Link to this fact

Identity

Hole ID
TR1-25-135
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
3.8
Grade Unit
gpt
Intercept
1.53 m
True Width
1.53 m
From
9.47 m
To
11 m
Hole Depth
13 m
Intercept Depth
9.47 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556349
Northing
5183375
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control intercept shows an exceptional gold grade for an open pit scenario, contributing positively to the project's potential, though the narrow width limits its overall impact.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“3.8”

Context: 1.53

TR1-25-135Pardo "River of Gold" Project · goldGrade: 7.5Grade Unit: gptIntercept: 0.74 mView all details
Link to this fact

Identity

Hole ID
TR1-25-135
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
7.5
Grade Unit
gpt
Intercept
0.74 m
True Width
0.74 m
From
9.8 m
To
10.54 m
Hole Depth
13 m
Intercept Depth
9.8 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556349
Northing
5183375
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features an exceptional gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“7.5”

Context: 0.74

TR1-25-135Pardo "River of Gold" Project · goldGrade: 11.6Grade Unit: gptIntercept: 0.39 mView all details
Link to this fact

Identity

Hole ID
TR1-25-135
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
11.6
Grade Unit
gpt
Intercept
0.39 m
True Width
0.39 m
From
10.15 m
To
10.54 m
Hole Depth
13 m
Intercept Depth
10.15 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556349
Northing
5183375
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features a bonanza-grade gold intercept, which is highly positive, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional and bonanza-grade for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“11.6”

Context: 0.39

TR1-25-136Pardo "River of Gold" Project · goldGrade: 4.7Grade Unit: gptIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
TR1-25-136
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
4.7
Grade Unit
gpt
Intercept
1.6 m
True Width
1.6 m
From
9.41 m
To
11.01 m
Hole Depth
14 m
Intercept Depth
9.41 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556349
Northing
5183382
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control intercept shows an exceptional gold grade for an open pit scenario, contributing positively to the project's potential, though the narrow width limits its overall impact.

Positive factors

  • Grade is exceptional for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“4.7”

Context: 1.60

TR1-25-136Pardo "River of Gold" Project · goldGrade: 14.1Grade Unit: gptIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
TR1-25-136
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
14.1
Grade Unit
gpt
Intercept
0.5 m
True Width
0.5 m
From
10.06 m
To
10.56 m
Hole Depth
14 m
Intercept Depth
10.06 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556349
Northing
5183382
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features a bonanza-grade gold intercept, which is highly positive, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is exceptional and bonanza-grade for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“14.1”

Context: 0.50

TR1-25-137Pardo "River of Gold" Project · goldGrade: 1Grade Unit: gptIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
TR1-25-137
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1
Grade Unit
gpt
Intercept
1.3 m
True Width
1.3 m
From
7.9 m
To
9.2 m
Hole Depth
11.5 m
Intercept Depth
7.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556356
Northing
5183385
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The grade-control intercept shows a moderate gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is moderate for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.0”

Context: 1.30

TR1-25-137Pardo "River of Gold" Project · goldGrade: 2.1Grade Unit: gptIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
TR1-25-137
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
2.1
Grade Unit
gpt
Intercept
0.5 m
True Width
0.5 m
From
8.7 m
To
9.2 m
Hole Depth
11.5 m
Intercept Depth
8.7 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556356
Northing
5183385
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: This grade-control sub-interval features a strong gold grade, but its very narrow width means it contributes less to overall resource potential.

Positive factors

  • Grade is strong for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is very narrow.

Evidence · table

“2.1”

Context: 0.50

TR1-25-138Pardo "River of Gold" Project · goldGrade: 1.2Grade Unit: gptIntercept: 1.68 mView all details
Link to this fact

Identity

Hole ID
TR1-25-138
Project
Pardo "River of Gold" Project
Commodity
gold
Region
canada_on
Reported Region
Ontario
Ticker
IVS

Geometry

Grade
1.2
Grade Unit
gpt
Intercept
1.68 m
True Width
1.68 m
From
9.73 m
To
11.41 m
Hole Depth
13 m
Intercept Depth
9.73 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
556343
Northing
5183378
CRS
UTM
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, chain_of_custody

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: The grade-control intercept shows a moderate gold grade for an open pit scenario, but the narrow width limits its overall materiality.

Positive factors

  • Grade is moderate for an open pit gold deposit.
  • True width is reported, increasing confidence in the intercept geometry.

Negative factors

  • Intercept width is narrow.

Evidence · table

“1.2”

Context: 1.68

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.