Inventus Recovers 427 Ounces of Gold and Demonstrates Positive Economics From 007 North Bulk Sample at Pardo
Original announcement by tmx on
- Company
- Inventus Mining Corp.
- Ticker
- IVS
- Exchange
- TSX
- Region
- Ontario
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Metallurgy
- Extracted
- 2026-08-21 18:56:48 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Inventus Mining Corp. successfully completed a 4,674 dry tonne bulk sample at the Pardo Gold Project, recovering 427 ounces of gold. The sample achieved a 94% metallurgical recovery and demonstrated positive economics with a 96% return over costs.
Reasoning: The bulk sample demonstrated strong gold recovery (94%) and positive economics (96% return over cost) at a pilot scale, validating the near-surface mineralization.
Positive factors
- high metallurgical recovery
- demonstrated positive economics
- pilot scale success
Negative factors
- reconciliation uncertainty due to short duration
Facts used in scoring: 1
Classification and evidence
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 94% gold recovery via CIL is in the exceptional band.
Evidence · text
“metallurgical recovery of 94%”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The sample was processed at a stock mill using a CIL flowsheet.
Evidence · text
“utilizing a conventional carbon in leach “CIL” flowsheet”
Extracted facts
Stored fact records: 1. Some facts used in scoring do not have a stored record.
Metallurgical Results (1)
bulk samplegoldRecovery: 94 %Head Grade: 3.04Head Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- IVS
Test Work
- Program Status
- optimization
- Test Type
- bulk sample
- Processing Route
- conventional carbon in leach “CIL” flowsheet
- Sample
- 007 North bulk sample, 4,674 dry tonnes
Recovery
- Recovery
- 94 %
- Recovery Basis
- actual_test
- Head Grade
- 3.04
- Head Grade Unit
- g/t
Lab
- Laboratory
- McEwen Inc.’s Stock Mill
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-01T00:00:00.000Z
Reasoning: 94% recovery is exceptional for a gold CIL route.
Positive factors
- strong recovery
Evidence · text
“reconciled head grade of 3.04 gpt gold and a metallurgical recovery of 94%”
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.