Inventus Reports $1.16 Million IN GOLD Sales and 102% Return ON Bulk Sample Cost at Pardo
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NEWS RELEASE
March 18, 2026 TSX-V Trading Symbol: IVS
INVENTUS REPORTS $1.16 MILLION IN GOLD SALES AND 102% RETURN ON BULK
SAMPLE COST AT PARDO
TORONTO, ONTARIO (March 18, 2026) – Inventus Mining Corp. (TSXV: IVS) (“Inventus” or
the “Company”) is pleased announce results for its Trench 1 bulk sample at its 100%-owned
Pardo “River of Gold” Project, located 65 km northeast of Sudbury, Ontario.
Highlights
• 172 ounces of gold were recovered from 2,512 dry tonnes processed
• Gold sales totalled $1,166,596
• Gold sales exceeded direct bulk sample costs of $578,626 by 102%
• Approximately 17,500 tonnes are stockpiled and ready for processing, with a further
20,000 tonnes permitted for extraction
Why These Results Matter for Investors
Wesley Whymark, CEO, comments:
“Pardo continues to demonstrate the combination of repeatable economics and growing
geological confidence that investors want to see in an advancing gold project. The value of the
recovered gold continues to materially exceed direct mining and processing costs, while each
bulk sample campaign generates real operating data that improves confidence in grade
predictability, helps refine the Company’s upcoming resource estimate and reduces technical risk.
With approximately 17,500 tonnes already stockpiled and ready for processing, and a further
20,000 tonnes permitted for extraction, Inventus has a clear runway to build on these results. We
believe continued bulk sampling can generate additional non-dilutive cash flow that can be used
to further advance the project.”
Near-Term Catalysts
• Assay results are pending from 96 drill holes completed to date, with drilling ongoing
• Processing of approximately 17,500 tonnes of stockpiled bulk sample material
• A further 20,000 tonnes already permitted for extraction to support continued bulk
sampling
Processing Results
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A total of 2,512 dry tonnes were processed between January 26 and February 5, 2026.
Reconciliation of the bulk sample was determined using pre - and post-run in-circuit inventories,
and a total of 172 ounces of gold was recovered.
Based on the material processed to date, the Trench 1 bulk sample is estimated to have a head
grade of 2.51 g/t gold and a metallurgical recovery of 85%. These figures are estimates because
severe winter conditions affected the milling campaign. Material freezing within the milling circuit
reduced throughput relative to the planned run and limited the reliability of tailings sampling. As
only approximately 25% of the total bulk sample has been processed to date, the Company will
provide a more complete meta llurgical balance, including final reconciled head grade and
recovery, once the remaining material has been processed under more representative operating
conditions.
Direct Bulk Sample Costs
Direct bulk sample costs totalled approximately $578,626, equivalent to $230 per dry tonne
processed (USD$169/tonne) and $3,364 per ounce recovered (USD$2,453/oz). These costs
included grade-control drilling, extraction, crushing, hauling and processing. Corporate G&A and
Inventus personnel costs were excluded, as these overlapped with other Company activities.
For further information visit www.inventusmining.com, or contact:
Wesley Whymark
CEO
Inventus Mining Corp.
E-mail: [email protected]
Phone: 705-822-3005
Social Media Accounts
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YouTube
About Inventus Mining Corp.
Inventus is a mineral exploration and development company focused on the world -class mining
district of Sudbury, Ontario . We have a 100% interest in our principal assets, the Pardo
Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project , located northeast of
Sudbury. The Pardo Gold Project is the first important paleoplacer gold discovery in North
America. Inventus has approximately 209 million common shares outstanding.
Qualified Person
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The Qualified Person responsible for the technical content of this news release is Wesley
Whymark, P.Geo., who has reviewed and approved the technical disclosure in this news release
on behalf of the Company.
Technical Information
The Trench 1 bulk sample was processed at McEwen Mining’s Stock Mill, a fully permitted facility
utilizing a conventional carbon in leach “CIL” flowsheet. The bulk sample material entered directly
into the ball mill, where feed samples were collected for grade control. The material was milled to
P95 (>95% passing 74 um) through a two-stage cyclone overflow re-grind ball mill circuit and then
directed into th e CIL tanks, where activated carbon adsorbed gold from solution. Tails were
sampled after the final CIL tank discharge to determine metallurgical efficiency. The carbon load
and circuit inventories were sampled, weighed and assayed before and after the bulk sample was
processed to provide Inventus with an in-circuit inventory for reconciliation of the bulk sample.
Forward-Looking Statements
This News Release includes certain "forward -looking statements" which are not comprised of historical
facts. Forward-looking statements include estimates and statements that describe the Company’s future
plans, objectives or goals, including words to the effect that the Company or management expects a stated
condition or result to occur. Forward -looking statements may be identified by such terms as “believes”,
“anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “if”, “yet”, “potential”, “undeter mined”,
“objective”, or “plan”. Since forward -looking statements are based on assumptions and address future
events and conditions, by their very nature they involve inherent risks and uncertainties. Although these
statements are based on information curre ntly available to the Company, the Company provides no
assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors
involved with forward-looking information could cause actual events, results, performance, pros pects and
opportunities to differ materially from those expressed or implied by such forward -looking information.
Forward-looking information in this news release includes, but is not limited to, the Company’s objectives,
goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral
resources, exploration and mine development plan s, timing of the commencement of operations and
estimates of market conditions. Factors that could cause actual results to differ mate rially from such
forward-looking information include, but are not limited to the failure to identify mineral resources, failure to
convert estimated mineral resources to reserves, the inability to complete a feasibility study which
recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining
or failures to obtain required governmental, environmental or other project approvals, political risks, inability
to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the
availability and costs of financing needed in the future, changes in equity markets, inflation, changes in
exchange rates, fluctuations in commodity prices, delays in the development of projects, capital a nd
operating costs varying significantly from estimates and the other risks involved in the mineral exploration
and development industry, and those risks set out in the Company’s public documents filed on SEDAR +.
Although the Company believes that the assu mptions and factors used in preparing the forward -looking
information in this news release are reasonable, undue reliance should not be placed on such information,
which only applies as of the date of this news release, and no assurance can be given that such events will
occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update
or revise any forward -looking information, whether as a result of new information, future events or
otherwise, other than as required by law.
Neither TSX venture exchange nor its regulation services provider (as that term is defined in the policies
of the TSX venture exchange) accepts responsibility for the adequacy or accuracy of this release.