Inventus Reports 564 Ounces of Gold Recovered From the Trench 1 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 18:31:47 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Inventus Mining Corp. reported final results from its Trench 1 bulk sample at the Pardo Gold Project, recovering a total of 564 ounces of gold from 9,842 tonnes. The results showed a reconciled head grade of 2.05 g/t gold and 87.1% metallurgical recovery, generating positive cash flow despite high pilot-scale costs.
Reasoning: The second campaign of the Trench 1 bulk sample successfully recovered 392 ounces of gold with a reconciled head grade and recovery that validates the project's block model and metallurgical assumptions.
Positive factors
- positive cash flow from bulk sampling
- strong reconciliation with block model
- high metallurgical recovery
Negative factors
- high unit costs typical of pilot scale
Facts used in scoring: 2
Classification and evidence
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The sample was processed at McEwen Inc.’s Stock Mill using a CIL flowsheet.
Evidence · text
“processed at McEwen Inc.’s Stock Mill... uses a conventional carbon-in-leach “CIL” flowsheet”
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: The metallurgical recovery of 87.1% is strong for a gold CIL process.
Evidence · text
“metallurgical recovery of 87.1%”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Metallurgical Results (2)
Fact 1goldRecovery: 87.1 %Head Grade: 2.05Head Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- IVS
Test Work
- Processing Route
- conventional carbon-in-leach “CIL” flowsheet
- Sample
- Trench 1 bulk sample - Campaign 1 (previously reported)
Recovery
- Recovery
- 87.1 %
- Recovery Basis
- actual_test
- Head Grade
- 2.05
- Head Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-03-18T00:00:00.000Z
Dates
- Event date
- 2026-07-14T00:00:00.000Z
Reasoning: This campaign was previously reported in March 2026.
Evidence · text
“The first campaign, consisting of 2,512 dry tonnes, was previously reported by the Company on March 18, 2026”
Fact 2goldRecovery: 87.1 %Head Grade: 2.05Head Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- IVS
Test Work
- Processing Route
- conventional carbon-in-leach “CIL” flowsheet
- Sample
- Trench 1 bulk sample - Campaign 2
Recovery
- Recovery
- 87.1 %
- Recovery Basis
- actual_test
- Head Grade
- 2.05
- Head Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-14T00:00:00.000Z
Reasoning: New campaign results confirm metallurgical and grade expectations.
Positive factors
- high recovery
- reconciled with block model
Evidence · text
“The second campaign processed an additional 7,330 dry tonnes... recovered 392 ounces of gold”
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.