Announcement Date: 2022-06-07
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Inventus Mining Corp.
Project name: Sudbury 2.0
Location: Canada
Commodities: Gold,Nickel,Cobalt
Highlight: Drilling results incl. 87.38m @ 0.44g/t Au, 382ppm Co, 153ppm Ni from 158.5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: TORONTO, ONTARIO (June 7, 2022) – Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to announce assay results from drilling at the Cobalt Hill target and an exploration update from its 100%- owned Pardo and Sudbury 2.0 Projects near Sudbury, Ontario. At the Cobalt Hill gold-cobalt-nickel target, assays for holes CH-22-06, CH-22-08 and CH-22-13 are included in this update and assays for five holes remain pending (see Table 1). The extent of the mineralization and areas of highgrade gold in drilling are very encouraging. The mineralized system appears to have zonation of metals between gold and cobalt/nickel. Results for the last five holes are expected in the coming weeks. Figure 1 provides a plan map of the drill hole collars and traces. Figures 2 to 4 are sections of the drill holes reported in this release. Hole CH-22-06 was drilled to test the up-dip extent of sulphide breccia in hole CH-22-05A (111.45m of 1.35 g/t AuEq, see press release April 11th, 2022) and intersected 87.38 m of 0.97 g/t AuEq, 0.44 g/t gold (Au), 382 ppm cobalt (Co) and 152 ppm nickel (Ni).
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