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Inventus Mining ( (TSE:IVS) ) has issued an update.
Inventus Mining Corp. announced positive initial drill results from its Phase 1 Resource Drill Program at the Pardo Gold Project, demonstrating lateral continuity of gold mineralization within 18 metres of the surface. The results from the first 24 holes align with expectations and indicate reduced variability of grade compared to previous drilling, enhancing the potential for a future mineral resource estimate and supporting cost-effective mining operations.
More about Inventus Mining
Inventus Mining Corp. operates in the mining industry, focusing on the exploration and development of gold projects. Its primary project is the Pardo Gold Project located near Sudbury, Ontario, which is known for its potential for low-cost surface mining.
YTD Price Performance: 31.25%
Average Trading Volume: 100,886
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$19.21M
For an in-depth examination of IVS stock, go to TipRanks’ Stock Analysis page.
