Inventus Reports Up to 75% Gold Recovery from Heap Leach Testwork at Pardo

Original announcement by globenewswire on

Company
Inventus Mining Corp
Ticker
IVS
Exchange
Unavailable
Region
Ontario
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Metallurgy
Extracted
2026-08-20 18:45:42 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Inventus Mining Corp reported gold recovery results from heap leach column testing at the Pardo Project in Ontario, with recoveries reaching 74.5% after 78 days for the -1/4 inch crush size. The results support a conceptual processing strategy involving ore sorting to separate high-grade material for milling from lower-grade material for heap leaching.

Reasoning: Positive heap leach testwork showing up to 75% recovery, though the company notes this specific high-grade composite might not be the optimal route for all material, suggesting an integrated ore-sorting/mill/heap-leach strategy.

Positive factors

  • favourable reagent profile
  • front-loaded recovery

Negative factors

  • higher-grade composite may not be ideal for heap leach

Facts used in scoring: 9

Classification and evidence

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: The testwork specifically evaluated column leach recoveries for a potential heap leach processing strategy.

Evidence · text

“positive metallurgical heap leach test results”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The results are from laboratory-scale column leach tests using 59 to 65 kg of material.

Evidence · text

“Three columns containing approximately 59 to 65 kg of material were prepared”

QA/QC Disclosedpositive · Story-specific tag

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

Why it applies: The release mentions the use of multiple large-mass Photon assays to reduce sampling uncertainty.

Evidence · text

“Multiple large-mass Photon assays were used to reduce sampling uncertainty”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Wesley Whymark, P.Geo., CEO and Director, is named as the Qualified Person responsible for the technical content.

Evidence · text

“The Qualified Person responsible for the technical content of this news release is Wesley Whymark, P.Geo.”

Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

Metallurgical Results (9)

column leachgoldRecovery: 64.3 %Head Grade: 2.694Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column A -1/4 inch crush size
Leach Time
648 hours

Recovery

Recovery
64.3 %
Recovery Basis
actual_test
Head Grade
2.694
Head Grade Unit
g/t

Reagents

Cyanide
1.14 kg/t
Lime
0 kg/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Strong recovery profile for a heap leach route with low reagent consumption.

Positive factors

  • low cyanide consumption
  • front-loaded recovery

Evidence · table

“64.3%”

Context: 2.694

column leachgoldRecovery: 72 %Head Grade: 2.694Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column A -1/4 inch crush size
Leach Time
1152 hours

Recovery

Recovery
72 %
Recovery Basis
actual_test
Head Grade
2.694
Head Grade Unit
g/t

Reagents

Cyanide
1.14 kg/t
Lime
0 kg/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant recovery achieved within 48 days.

Positive factors

  • front-loaded recovery

Evidence · table

“72.0%”

Context: 2.694

column leachgoldRecovery: 74.5 %Head Grade: 2.694Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column A -1/4 inch crush size
Leach Time
1872 hours

Recovery

Recovery
74.5 %
Recovery Basis
actual_test
Head Grade
2.694
Head Grade Unit
g/t

Reagents

Cyanide
1.14 kg/t
Lime
0 kg/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Highest recovery achieved in the test series.

Evidence · table

“74.5%”

Context: 2.694

column leachgoldRecovery: 53.1 %Head Grade: 1.514Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column B -3/8 inch crush size
Leach Time
648 hours

Recovery

Recovery
53.1 %
Recovery Basis
actual_test
Head Grade
1.514
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Lower recovery compared to the -1/4 inch column.

Negative factors

  • lower recovery

Evidence · table

“53.1%”

Context: 1.514

column leachgoldRecovery: 60 %Head Grade: 1.514Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column B -3/8 inch crush size
Leach Time
1152 hours

Recovery

Recovery
60 %
Recovery Basis
actual_test
Head Grade
1.514
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Moderate recovery.

Evidence · table

“60.0%”

Context: 1.514

column leachgoldRecovery: 66.9 %Head Grade: 1.514Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column B -3/8 inch crush size
Leach Time
1872 hours

Recovery

Recovery
66.9 %
Recovery Basis
actual_test
Head Grade
1.514
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Recovery improving over time.

Evidence · table

“66.9%”

Context: 1.514

column leachgoldRecovery: 61.1 %Head Grade: 1.91Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column C -1/2 inch crush size
Leach Time
648 hours

Recovery

Recovery
61.1 %
Recovery Basis
actual_test
Head Grade
1.91
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Moderate recovery.

Evidence · table

“61.1%”

Context: 1.910

column leachgoldRecovery: 65.1 %Head Grade: 1.91Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column C -1/2 inch crush size
Leach Time
1152 hours

Recovery

Recovery
65.1 %
Recovery Basis
actual_test
Head Grade
1.91
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Moderate recovery.

Evidence · table

“65.1%”

Context: 1.910

column leachgoldRecovery: 69.5 %Head Grade: 1.91Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
IVS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach
Sample
Column C -1/2 inch crush size
Leach Time
1872 hours

Recovery

Recovery
69.5 %
Recovery Basis
actual_test
Head Grade
1.91
Head Grade Unit
g/t

Lab

Laboratory
Process Mineralogical Consulting Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Recovery improving over time.

Evidence · table

“69.5%”

Context: 1.910

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.