Inventus Mining Corp., based in Toronto, has announced the findings from the final phase of its drilling program at the Pardo Gold Project, which is situated 65 kilometres northeast of Sudbury, Ontario. This project is entirely owned by Inventus Mining Corp., and the results stem from a total of 89 drill holes completed during Phase 2 of the drilling program.
The latest results indicate an average gold grade of 4.47 grams per tonne across the tested boreholes. The completion of this drilling program marks a significant milestone for the company as it prepares for the maiden resource estimate for the Pardo Project. The findings are expected to contribute valuable insights into the potential viability of mining operations in the area.
Inventus Mining has positioned the Pardo Project as a prominent location for gold exploration, referring to it as the “River of Gold”. The upcoming resource estimate will provide further clarity on the extent of the gold deposits at this site and aid in strategic planning for future exploration and development activities. The company continues to focus on delivering results that will appeal to investors and stakeholders in the mining sector, particularly in the context of rising gold prices.
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