Inventus Expands Shallow GOLD Mineralization and Advances Bulk Sampling at the Pardo River of GOLD Project
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NEWS RELEASE
May 27, 2026 TSX-V Trading Symbol: IVS
INVENTUS EXPANDS SHALLOW GOLD MINERALIZATION AND ADVANCES BULK
SAMPLING AT THE PARDO RIVER OF GOLD PROJECT
TORONTO, ONTARIO (May 27, 2026) - Inventus Mining Corp. (TSXV: IVS) (“Inventus” or the
“Company”) is pleased to report additional assay results from its ongoing Phase 2 drill program
and provide an update on its bulk sampling program at the 100% -owned Pardo “River of Gold”
Project, located 65 km northeast of Sudbury, Ontario.
HIGHLIGHTS
• Processing of the remaining 7,500-tonne Trench 1 bulk sample is currently underway with
results expected in June.
• Phase 2 drilling restarted on May 21, with seven holes completed to date as part of the
Company’s planned 7,000-metre drill program designed to expand shallow, flat-lying gold
mineralization at Pardo . A second drill rig is planned for mid -June to accelerate drilling
ahead of the planned maiden resource estimate in Q4 2026.
• Grade-control drilling west of the Trench 1 bulk sample site confirmed the flat -lying Main
Layer within 12 metres of surface and returned highlight intersections of:
o 14.10 g/t gold over 1.59 m, including 47.87 g/t gold over 0.46 m (TR1-26-145)
o 7.58 g/t gold over 2.35 m, including 34.28 g/t gold over 0.40 m (TR1-26-140)
o 3.54 g/t gold over 2.35 m, including 10.81 g/t gold over 0.50 m (TR1-26-141)
o 2.85 g/t gold over 2.36 m, including 7.49 g/t gold over 0.84 m (TR1-26-144)
o 3.80 g/t gold over 1.62 m, including 12.77 g/t gold over 0.40 m (TR1-26-162)
o 4.81 g/t gold over 1.25 m, including 13.95 g/t gold over 0.40 m (TR1-26-160)
• Phase 2 drilling of the Main Layer returned highlight intersections of:
o 5.14 g/t gold over 2.33 m, including 15.99 g/t gold over 0.70 m (TR2-26-04)
o 3.46 g/t gold over 1.22 m, including 12.24 g/t gold over 0.30 m (PD-26-263)
o 1.06 g/t gold over 3.00 m, including 2.75 g/t gold over 0.50 m (PD-26-246)
o 0.39 g/t gold over 10.50 m, including 1.20 g/t gold over 1.50 m (PD-26-249)
o 0.33 g/t gold over 12.32 m, including 1.14 g/t gold over 2.00 m (PD-26-247)
o 1.59 g/t gold over 1.50 m, including 2.29 g/t gold over 0.50 m (PD-26-235)
o 1.41 g/t gold over 1.93 m, including 5.82 g/t gold over 0.28 m (PD-26-265)
o 1.60 g/t gold over 1.50 m, including 3.35 g/t gold over 0.50 m (TR2-26-02)
• Phase 2 drilling of the Matinenda Layer returned highlight intersections of:
o 0.65 g/t gold over 6.53 m, including 1.10 g/t gold over 3.00 m (PD-26-280)
o 0.52 g/t gold over 7.19 m, including 1.03 g/t gold over 2.00 m (PD-26-277)
o 0.68 g/t gold over 4.98 m, including 1.76 g/t gold over 0.40 m (PD-26-278)
BULK SAMPLE AND GRADE-CONTROL DRILLING UPDATE
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Processing of the remaining 7,500 tonnes from the 10,000 -tonne Trench 1 bulk sample is
currently underway, with results expected in June. The first 2,512 tonnes processed earlier this
year returned 172 ounces of gold, generating gold sales of $1.17 million and exceeding bulk
sample costs by 102% (see news release dated March 18, 2026).
The Company has also extracted an additional 10,000 -tonne bulk sample, which is pending
processing.
The Company completed 28 additional grade -control holes, with assay highlights reported in
Table 1 and drill hole details in Table 4. These holes intersected the flat-lying mineralized Main
Layer within 12 metres of surface west of the Trench 1 bulk sample site. The se drill results will
guide extraction of the remaining 20,000 tonnes of permitted bulk sample material.
PHASE 2 DRILLING UPDATE
The Phase 2 drilling program resumed on May 21, 2026, following the spring melt. The Company
plans to mobilize a second drill in mid-June to accelerate drilling in support of the planned maiden
resource estimate in Q4 2026. The current 7,000-metre drill program is designed to expand and
confirm continuity of the Main, Matinenda and Upper Conglomerate layers.
Main Layer
Phase 2 drilling of the Main Layer continues to expand and define the mineralized footprint at
Pardo, confirming gold mineralization across additional near -surface drill holes and supporting
the Company’s interpretation of a laterally extensive, flat-lying conglomerate-hosted gold system.
The latest results extend the drilled coverage of the Main Layer and provide important new data
for the planned maiden resource estimate. The location of the reported Main Layer results is
shown in Figure 1, highlight assay intersections are summarized in Table 2, and drill hole location
details are provided in Table 4.
Key results include 5.14 g/t gold over 2.33 m, including 15.99 g/t gold over 0.70 m in TR2-26-
04; 3.46 g/t gold over 1.22 m, including 12.24 g/t gold over 0.30 m in PD-26-263; and broader
intervals such as 0.39 g/t gold over 10.50 m in PD-26-249 and 0.33 g/t gold over 12.32 m in PD-
26-247. These results add further support for the Main Layer as a laterally extensive, near -
surface, flat -lying mineralized horizon and provide additional data for the planned maiden
resource estimate.
Matinenda Layer
Initial Phase 2 drilling results from the Matinenda Layer returned thick intervals of gold
mineralization (see Table 3), including 0.65 g/t gold over 6.53 m in PD-26-280, 0.52 g/t gold
over 7.19 m in PD-26-277 and 0.68 g/t gold over 4.98 m in PD-26-278. These holes are located
west of the Main Layer area and show that mineralization is present in a separate, flat -lying
conglomerate horizon (Figure 2).
These initial Matinenda results are significant because they demonstrate gold mineralization in a
separate, flat-lying conglomerate horizon west of the Main Layer area, supporting the potential
for multiple near-surface mineralized layers at Pardo. Assays remain pending from surrounding
holes, and additional drilling will test the grade, extent and continuity of the Matinenda Layer.
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Upper Conglomerate Layer
Sampling of the Upper Conglomerate Layer is ongoing. The Company is completing assays on
previously unsampled intervals from Phase 1 and Phase 2 drill holes to evaluate the Upper
Conglomerate as an additional shallow conglomerate target.
Results from this work will be released once the assays are received. The objective is to determine
whether the Upper Conglomerate adds another near-surface, flat-lying mineralized layer that can
be incorporated into the planned maiden resource estimate.
NEXT STEPS
• Expand the mineralized footprint through the planned 7,000 -metre Phase 2 drill
program, including targeted drilling of the Upper and Matinenda Conglomerate layers.
• Unlocking additional value by assaying previously unsampled intervals of the Upper
Conglomerate layer in Phase 1 and Phase 2 drill holes.
• Advance toward a maiden resource estimate by incorporating results from all three
known mineralized conglomerate layers: the Main, Matinenda and Upper Conglomerate
layers.
• Complete the remaining bulk sample program , including processing the stockpiled
material and extracting the final 20,000 tonnes of permitted bulk sample material.
• Continue processing and ore sorting test work on all three mineralized layers to
support future development planning.
• Advance production permitting for the near-surface part of the Main Conglomerate
layer, targeted for mid-2027.
Wesley Whymark, CEO & Director, comments: “This is an exciting stage for Inventus. With
bulk sample processing underway and Phase 2 drilling restarted, we are advancing the key work
programs needed to support a maiden resource estimate while also evaluating a practical
pathway toward potential near -term cash flow. The latest drill results continue to highlight what
makes Pardo compelling: shallow, flat-lying gold mineralization with simple geometry. The Main
Layer’s near-surface position, continuity and ability to be defined with close-spaced grade-control
drilling support our view that it provides a strong foundation for future development planning, while
results from the Matinenda Layer add confidence in the broader potential of multiple stacked
mineralized conglomerate layers.”
For further information visit www.inventusmining.com, or contact:
Wesley Whymark
CEO & Director
Inventus Mining Corp.
E-mail: [email protected]
Phone: 705-822-3005
Social Media Accounts
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Figure 1. Plan map illustrating the gold grade (g /t Au) of the approximately 2 -metre-thick gold-
bearing Main Conglomerate Layer with Lidar background. Holes with reported assays illustrated
in red and pending results green.
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Figure 2. Plan map illustrating the grade x thickness of the gold-bearing Matinenda Conglomerate
Layer with Lidar background. Holes with reported assays illustrated in red and pending results
green.
Table 1. Recent Grade-Control Drilling Assay Highlights.
Drill Hole From
(Metres)
To
(Metres)
Interval1
(Metres)
Gold Grade
(g/t)
TR1-26-139 11.50 12.90 1.40 2.58
Including 12.00 12.50 0.50 6.46
TR1-26-140 9.50 11.85 2.35 7.58
Including 10.50 11.35 0.85 18.99
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Including 10.95 11.35 0.40 34.28
TR1-26-141 9.50 11.85 2.35 3.54
Including 10.00 10.50 0.50 10.81
TR1-26-142 9.00 11.80 2.80 0.41
Including 10.92 11.40 0.48 1.21
TR1-26-143 9.00 11.75 2.75 0.39
Including 11.25 11.75 0.50 1.01
TR1-26-144 8.00 11.86 3.86 1.85
Including 9.50 11.86 2.36 2.85
Including 11.02 11.86 0.84 7.49
TR1-26-145 10.68 12.27 1.59 14.10
Including 10.68 11.14 0.46 47.87
TR1-26-146 10.00 11.28 1.28 0.81
Including 10.29 10.69 0.40 1.94
TR1-26-147 9.76 11.70 1.94 0.83
Including 11.20 11.70 0.50 1.48
TR1-26-148 9.26 12.58 3.32 0.32
Including 10.97 12.58 1.61 0.40
TR1-26-149 9.50 11.00 1.50 0.76
Including 10.00 10.50 0.50 1.20
TR1-26-150 9.50 11.16 1.66 0.98
Including 10.73 11.16 0.43 1.50
TR1-26-151 8.60 10.85 2.25 0.57
Including 10.00 10.38 0.38 1.62
TR1-26-152 9.50 12.39 2.89 0.90
Including 9.95 10.29 0.34 3.16
TR1-26-153 9.50 10.95 1.45 1.03
TR1-26-154 9.50 10.83 1.33 1.59
Including 10.37 10.83 0.46 2.93
TR1-26-155 9.77 11.17 1.40 1.49
Including 9.77 10.41 0.64 2.37
TR1-26-156 8.50 10.30 1.80 2.29
Including 9.40 9.80 0.40 6.85
TR1-26-157 11.00 12.23 1.23 2.04
Including 11.48 11.85 0.37 3.52
TR1-26-158 10.00 12.52 2.52 1.04
Including 11.52 12.02 0.50 2.46
TR1-26-159 9.00 10.97 1.97 2.56
Including 9.95 10.59 0.64 7.31
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TR1-26-160 7.50 11.35 3.85 1.79
Including 8.90 10.15 1.25 4.81
Including 9.25 9.65 0.40 13.95
TR1-26-161 9.85 10.85 1.00 1.38
TR1-26-162 9.35 10.97 1.62 3.80
Including 10.57 10.97 0.40 12.77
TR1-26-163 8.00 9.70 1.70 2.15
Including 9.40 9.70 0.30 9.38
TR1-26-165 9.50 11.00 1.50 1.05
Including 9.97 10.30 0.33 3.24
TR1-26-166 6.00 7.00 1.00 0.33
1Interval width is approximate true thickness. Mineralization has a flat to 5-
degree dip, and all holes were drilled vertically with an inclination of -90
degrees.
Table 2. Recent Phase 2 Main Layer Drilling Assay Highlights.
Drill Hole From
(Metres)
To
(Metres)
Interval1
(Metres)
Gold Grade
(g/t)
PD-26-234 33.33 38.50 5.17 0.57
Including 33.33 35.50 2.17 0.90
PD-26-235 30.12 34.00 3.88 0.81
Including 31.00 32.50 1.50 1.59
Including 31.00 31.50 0.50 2.29
PD-26-236 29.50 37.50 8.00 0.41
Including 30.00 32.00 2.00 1.07
Including 30.50 31.00 0.50 1.89
PD-26-238 24.50 30.50 6.00 0.38
Including 25.00 27.00 2.00 0.78
Including 25.50 26.00 0.50 1.35
PD-26-240 24.60 26.35 1.75 1.57
Including 25.50 26.00 0.50 4.65
PD-26-241 23.50 26.85 3.35 0.65
Including 24.50 26.85 2.35 0.79
Including 25.00 25.50 0.50 1.23
PD-26-246 28.50 34.00 5.50 0.75
Including 29.50 32.50 3.00 1.06
Including 32.00 32.50 0.50 2.75
PD-26-247 28.18 40.50 12.32 0.33
Including 30.00 32.00 2.00 1.14
Including 31.50 32.00 0.50 1.50
PD-26-248 33.50 43.00 9.50 0.38
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Including 34.00 35.00 1.00 1.50
PD-26-249 30.00 40.50 10.50 0.39
Including 33.50 35.00 1.50 1.20
Including 33.50 34.00 0.50 2.26
PD-26-251 35.00 43.00 8.00 0.47
Including 36.00 36.50 0.50 1.82
Including 41.50 42.00 0.50 2.00
PD-26-253 32.00 34.00 2.00 0.77
Including 32.50 33.00 0.50 1.83
PD-26-254 31.69 33.50 1.81 0.95
Including 32.50 33.00 0.50 2.64
TR2-26-01 1.40 4.38 2.98 0.61
Including 2.91 3.54 0.63 1.96
Including 3.24 3.54 0.30 3.23
TR2-26-02 1.50 3.00 1.50 1.60
Including 2.00 2.50 0.50 3.35
TR2-26-03 0.62 3.35 2.73 1.00
Including 2.50 3.00 0.50 4.24
TR2-26-04 1.00 3.33 2.33 5.14
Including 2.63 3.33 0.70 15.99
TR2-26-05 2.50 5.00 2.50 0.68
Including 4.00 4.50 0.50 1.66
TR2-26-06 1.00 4.00 3.00 0.71
Including 3.50 4.00 0.50 2.33
TR2-26-07 1.61 4.50 2.89 0.61
Including 3.08 4.50 1.42 1.01
Including 4.05 4.50 0.45 1.68
PD-26-263 8.05 11.77 3.72 1.23
Including 10.55 11.77 1.22 3.46
Including 11.00 11.30 0.30 12.24
PD-26-264 11.50 12.50 1.00 1.97
PD-26-265 15.82 17.75 1.93 1.41
Including 16.78 17.06 0.28 5.82
PD-26-266 13.50 17.95 4.45 0.75
Including 15.00 17.00 2.00 1.19
Including 16.50 17.00 0.50 2.38
PD-26-267 9.10 11.35 2.25 1.03
Including 10.10 10.60 0.50 2.26
PD-26-270 11.02 14.05 3.03 0.54