Inventus Mining is pleased to announce results from its 80-hole Phase 1 Resource Drill Program at the 100%-owned Pardo Gold Project located 65 km east of Sudbury, Ontario. The program was designed to sample areas of shallow, flat-lying gold mineralization to establish continuity and consistency of gold grades. Results from the program have successfully confirmed continuity of the gold mineralization within 18 metres of [...]
Inventus Mining is pleased to announce that its 80-hole Phase 1 Drill Program is underway at the 100%-owned Pardo gold project. The program aims to provide adequate drill data to support a future mineral resource estimate on the near surface mineralization that could potentially be exploited by open cut mining. The Company also reports it has been accepted into the Ontario Junior Exploration Program, which provides [...]
[wp=1411]Inventus Mining is pleased to report that it has closed the previously announced non-brokered private placement of 15,000,000 units of the Company at a price of $0.04 per Unit, for total gross proceeds of $600,000. Each Unit consisted of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase one Common Share of the Company at a price of $0.09 per Warrant Share [...]
Inventus Mining Corp. is pleased to announce several senior management changes including: Board of Directors Changes William Fisher has joined the Board as Chairman and Nils Engelstad has concurrently resigned as a Director to make way for Mr. Fisher's appointment. Mr. Fisher is a geologist with extensive industry experience including posts in Africa, Australia, Europe and Canada. He was a production geologist developing [...]
Inventus Mining Corp. is pleased to announce a non-brokered private placement of up to 15,000,000 units of the Company at a price of $0.04 per Unit, for total gross proceed of up to $600,000 . McEwen Mining Inc. has agreed to purchase 10,000,000 Units of the Offering. Each Unit will consist of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase one Common [...]
Inventus Mining Corp. is pleased to announce assay results from its drill program at the 100%-owned Dorland Co-Au-Cu-Ni Prospect, located 36 km northeast of Sudbury, Ontario. The Company followed up on encouraging cobalt and gold values in surface prospecting with ten shallow diamond drill holes totalling 1,000 metres . The Dorland program is approximately 50% government-funded with the support of the Ontario Junior [...]
Inventus Mining Corp. is pleased to announce the completion of its initial drilling program at the 100%-owned Dorland Co-Au-Cu-Ni Prospect, located 36 km northeast of Sudbury, Ontario. Highlights: The Company successfully tested the mineralization and induced polarization geophysical anomalies at the Dorland Co-Au-Cu-Ni prospect intersecting large zones of sulphide breccia, including multiple zones of massive sulphide. A [...]
Inventus Mining Corp. is pleased to announce that exploration drilling at its 100%-owned Dorland Prospect is currently underway. The Dorland Prospect is a part of the Company's 280-km2 Sudbury 2.0 Project and consists of a never-before-drilled high-grade cobalt and accessory gold-copper-nickel occurrence located 36 km northeast of Sudbury, Ontario. The Company is starting a 1,000-meter diamond drill program to test the [...]
Inventus Mining Corp. is pleased to report that it has closed a non-brokered private placement of 3,157,895 critical mineral flow-through units , which were sold at $0.095 per Unit for gross proceeds of $300,000 . Each Unit consists of one common share issued as a "flow-through share" within the meaning of the Income Tax Act and one half of a regular common share purchase warrant. Each whole common share purchase warrant [...]
Inventus Mining Corp. is pleased to announce that Mr. Perry Ing, CA, CPA, CFA, has joined the Board of Directors. Perry is an accomplished executive who has served as the Chief Financial Officer of several high-profile mining companies including Kirkland Lake Gold , Mountain Province Diamonds Inc. ; and currently serves as CFO of McEwen Mining Inc. . Perry brings a wealth of knowledge from his involvement in large gold [...]
Inventus Mining Corp. is pleased to report that it has closed the previously announced non-brokered private placement of 24,000,000 units , which were sold at $0.05 per Unit for gross proceeds of $1,200,000 . Each Unit consists of one common share and one half of a common share purchase warrant. Each whole common share purchase warrant entitles the holder to acquire one Common Share for $0.10 for a period of two years [...]
Inventus Mining Corp. today announces a non-brokered private placement financing comprising the sale of up to 24,000,000 units , to be sold at $0.05 per Unit for gross proceeds of $1,200,000 . Each Unit will consist of one common share and one half of a common share purchase warrant. Each whole common share purchase warrant will entitle the holder to acquire one Common Share for $0.10 for a period of two years after the [...]