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INV Metals Inc.

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Summary

Project:

Loma Larga

Deposit:Loma Larga
Location:Ecuador
Commodities:Copper-Gold-Silver
Date:6/10/2020
Report Code:NI43-101
Report Type:Feasibility Study
Project Stage:Pursuing Environmental Approval
Report details:10-6-2020: INV Metals Inc. announces a Feasibility Study report for its Loma Larga deposit at the Loma Larga project. Feasibility Study results incl. post-tax NPV of US$454M, IRR of 28.3%, 12yr LOM at the project. INV Metals Inc. (INV) is a Canadian miner
Resources:(Reserve, P+P): 13.9Mt @ 4.91g/t Au, 29.6g/t Ag, 0.29% Cu
CP/QP:[Resource]: Katharine Masun (Roscoe Postle Associates Inc.)
ABSTRACT:INV Metals Inc. (INV) is a Canadian mineral resource company headquartered in Toronto, focused on the acquisition, exploration and development of its 100% interest in the Loma Larga gold-copper-silver project, and its regional exploration properties, located in Ecuador. INV is listed on the Toronto Stock Exchange under the symbol INV. INV retained DRA Americas Inc. (DRA); Roscoe Postle Associates Inc., now part of SLR Consulting Ltd. (RPA); Mine Design Engineering Inc. (MDEng) now called RockEng Inc.(RockEng); Itasca Denver Inc. (Itasca); a consortium of environmental consultants; NewFields; Paterson & Cooke Canada Inc. (P&C); and SGS Canada Inc. to prepare a Feasibility Study (FS or the Study) for the Loma Larga gold-copper-silver Project (the Project), located in Ecuador. This technical report was prepared for INV to summarize the results of the FS. This report was prepared in compliance with the disclosure requirements of the Canadian National Instrument 43-101 (NI 43-101) Standards of Disclosure for Mineral Projects.

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