For thousands of other reports visit RSC's Mineral Intellingence Map
Inventus Mining Corp.
Summary
| Project: | Pardo | |
|---|---|---|
| Deposit: | 007 Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-12-2018: Inventus Mining Corp. announces an Exploration/Drilling Update report for its 007 Zone deposit at the Pardo project. Drilling results incl. 0.78m @ 21.2g/t Au from 3.25m. TORONTO, Dec. 19, 2018 -- Inventus Mining Corp. (TSX VENTURE: IVS) (“Inv | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Wesley Whymark (Internal) | |
| ABSTRACT: | TORONTO, Dec. 19, 2018 -- Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) announces it has received the remaining assays for its recent drill program at the 100% owned Pardo Paleoplacer Gold Project (“Pardo”) near Sudbury, Ontario. A total of 35 holes at the 007 Zone were completed including 7 step out holes (see Figure 1), which are reported below. Holes 29 and 34 did not encounter significant values, and hole 35 was not completed. All holes were drilled vertically. Intercept lengths are true thickness. Gold grades are determined by fire assay and gravimetric methods; see note on Technical Information. The objective of this drill program was to provide drill data for the next phase of bulk sampling and demonstrate continuity of the mineralized conglomerate. The first 28 closely spaced drill holes (released on Nov 22, 2018) delineated a volume of approximately 6,000 tonnes of mineralized material (see the 007 Bulk Sample Outline on Figure 1). Step out holes 31, 32 and 33 have all demonstrated that the mineralized boulder conglomerate reef extends towards the north under shallow cover. These new holes combined with previous drilling supports our interpretation that a highly enriched mineralized boulder conglomerate reef extends for 350 m North from the 007 Zone. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report