Inventus Selects SRK Consulting to Complete Maiden Mineral Resource Estimate 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
Resource update, Agreement transaction
Extracted
2026-08-20 12:01:31 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Inventus Mining Corp has selected SRK Consulting to prepare a maiden Mineral Resource Estimate (MRE) and updated NI 43-101 Technical Report for its Pardo Gold Project in Ontario. The MRE will focus on a portion of the project to support a planned Direct Ship Ore (DSO) production strategy.

Reasoning: The announcement marks a key milestone in de-risking the project by engaging a top-tier consultancy to formalize the first mineral resource estimate.

Positive factors

  • Appointment of highly specialized consultancy (SRK) for maiden MRE
  • Strategic focus on DSO production plan
  • Leveraging existing bulk-sampling datasets

Facts used in scoring: 0

Classification and evidence

Maiden Resourceneutral

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

Why it applies: The company is engaging SRK to complete its first formal maiden Mineral Resource Estimate.

Evidence · text

“to complete a maiden Mineral Resource Estimate ("MRE")”

QP/CP Signedpositive

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., has reviewed and approved the release.

Evidence · text

“The Qualified Person responsible for the technical content of this news release is Wesley Whymark, P.Geo., CEO and Director of Inventus, who has reviewed and approved this release.”

Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

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.