Unlocking the Potential: Phase 1 Drilling at Pardo Gold Project Begins

The next chapter of exploration for Inventus Mining has officially begun, and it's a milestone worth celebrating as we launch an 80-hole Phase 1 Drill Program at the 100%-owned Pardo Gold Project, located east of Sudbury, Ontario. This program is a pivotal step in our journey toward defining a mineral resource estimate for the project, and with some success, laying the groundwork for Ontario’s next gold mine.

80-hole Phase 1 Drill Program Commences at the Pardo Gold project

Backed by methodical planning, innovative exploration, and a commitment to responsible development, the Pardo Gold Project represents a significant opportunity to unlock the value of one of North America's most advanced paleoplacer gold occurrences.

Here’s a look at the strategic effort behind this milestone and what it means for the future.

A History of Strategic Exploration

The Pardo Gold Project is no newcomer to the exploration scene. As the largest paleoplacer gold occurrence in North America, Pardo's geology mirrors the famed Witwatersrand gold fields of South Africa, which have produced over 1,500 million ounces of gold. This similarity has driven our ambition to systematically explore and define the Pardo property's true potential.

Over the years, Inventus has conducted extensive field work including geological mapping, drilling and bulk sampling to understand the characteristics of the gold-bearing conglomerate reefs. These reefs are extensive, flat-lying, and typically 1 to 4 meters thick, making them ideal candidates for cost-effective surface mining methods.

Highlights from recent exploration over the last few years include:

• Obtaining a 50,000-tonne bulk sample permit and completion of a 5,000 tonne Phase 1 bulk sample.

• Outlining an exploration target of over 15 million tonnes from existing exploration data

• Channel sampling at Trench 2, revealing intervals such as 5.5 m of 10.2 g/t gold, including 1.0 m of 47.9 g/t gold.

Each of these achievements has brought us closer to defining a mineral resource estimate at Pardo, culminating in the launch of our Phase 1 Drill Program.

The Phase 1 Drill Program

This 80-hole drill campaign is a carefully designed step toward unlocking Pardo’s full potential. The primary objective? To start gathering the data necessary to develop a maiden mineral resource estimate. This program will focus on key zones where previous exploration has demonstrated robust gold grades testing continuity and grade of the paleoplacer reef using our recently developed methodology.

The program is bolstered by funding from the Ontario Junior Exploration Program (OJEP), which will cover 50% of exploration expenses, up to $200,000. This support not only underscores the project's promise but also reflects Inventus’s dedication to responsible exploration.

Building Momentum

Our progress at Pardo is built on a foundation of technical excellence, strategic investment, and stakeholder engagement. For example:

• Technical Expertise: Advanced modeling techniques, such as 3D modeling in Leapfrog® software, have been instrumental in visualizing the extent and continuity of the gold-bearing conglomerate reefs.

• Confident Investment: Bulk sampling programs have demonstrated that gold grades align with, or even exceed, predicted block model grades, providing confidence in our exploration methods.

• Team Commitment: The recent granting of incentive stock options ensures that the team driving this project remains motivated and invested in its success.

These efforts have positioned the Pardo Gold Project as a standout in Ontario’s mining landscape, paving the way for its transformation from exploration to development.

Pardo’s Future: Toward a Resource Estimate

As we move forward, the Phase 1 Drill Program will serve as the backbone for additional drilling and resource modeling. Combined with historical exploration data, the drilling results will start to provide the data for a maiden mineral resource estimate, providing stakeholders with a clear picture of Pardo’s potential.

If proven economically viable, the property could transition into a low-cost, open-cut and underground mining operation, capitalizing on its near-surface flat lying gold mineralization and proximity to Sudbury.

Why Pardo Matters

Beyond the numbers and technical details, Pardo represents an opportunity to contribute to Ontario’s mining sector and the global gold market. Its location within the Huronian Supergroup, a 2.4-billion-year-old sedimentary basin, adds academic and economic significance, opening the stage for additional discoveries of paleoplacer gold.

Exploration targets suggest significant upside potential, with modelled scenarios (based on limited data) indicating a wide range of tonnage and grade possibilities. As exploration continues, we’re confident that Pardo may one day become a world-class deposit.

Join Us on the Journey

The Phase 1 Drill Program marks a pivotal chapter for the Pardo Gold Project and for Inventus Mining. With strong exploration results, government support, and a dedicated team, we’re confident in our ability to unlock Pardo’s full potential.

Stay tuned for updates as drilling progresses and join us as we work toward shaping Pardo into Ontario’s Next gold mine.

For more details about our progress, read our recent press release here.

Together, let’s pave the way for a golden future at Pardo.