Building Momentum with Bulk Sampling at The Pardo Gold Project
At Inventus Mining, we believe the best way to unlock value is through strategic development and 2025 has been nothing short of transformative. Bulk sampling activities at the Pardo Gold Project are progressing as planned. Recent drill results further validate the presence of high-grade, near-surface gold mineralization, and bulk sample material is currently being transported to McEwen Inc’s Stock Mill for processing. We are hitting major milestones that position Inventus for the next chapter of growth.
Bulk Sampling in Action
Bulk sampling is not just about moving rock; it is a mining and milling test run that evaluates real world costs and determines both grade and milling recoveries to evaluate a projects potential economics. The Pardo bulk sample program aims to assess several zones to confirm gold grades, compare predicted versus actual results, gather milling recovery data, and potentially generate profit for further project development.
Summary table of bulk sample operations:
Location of the bulk sample sites.
007 North Bulk Sample Site
The first big step forward this summer was the extraction and delivery of 4,816 tonnes from the 007 North Bulk Sample site. Grade-control drilling at this site returned a weighted average grade and thickness of 3.84 g/t gold and 1.82 metres.
Standout drill intercepts included:
12.92 gpt gold over 1.49 metres
9.76 gpt gold over 1.76 metres
6.85 gpt gold over 2.41 metres
5.19 gpt gold over 2.28 metres
6.69 gpt gold over 1.60 metres
5.31 gpt gold over 1.89 metres
The gold mineralization was efficiently extracted and transported to McEwen Inc’s Stock Mill. Upcoming milling results are anticipated to offer critical insights into gold recovery rates, grade reconciliation, and the overall economic outlook for surface mining operations at Pardo.
Bulk Sample Operation at the 007 North Site.
Trench 1 Bulk Sample Site
The extraction and transport of the Trench 1 bulk sample is in progress, with approximately 10,000 tonnes planned for delivery to McEwen Inc’s Stock Mill. Grade-control drilling at this site returned a weighted average grade and thickness of 4.10 gpt gold and 1.78 metres.
Standout drill intercepts included:
12.59 gpt gold over 1.79 metres
11.31 gpt gold over 1.76 metres
11.45 gpt gold over 1.72 metres
8.76 gpt gold over 1.92 metres
7.93 gpt gold over 1.97 metres
5.28 gpt gold over 2.70 metres
5.20 gpt gold over 2.23 metres
3.02 gpt gold over 2.95 metres
4.09 gpt gold over 2.04 metres
4.31 gpt gold over 1.90 metres
Bulk Sample Operation at the Trench 1 Site.
Bulk Sample Operation at the Trench 1 Site.
Trench 1 North Bulk Sample Site
Recent grade-control drilling at Trench 1 North identified an estimated 10,000 tonnes of mineralized material with a weighted average grade and thickness of 4.18 g/t gold and 1.48 metres.
Standout drill intercepts included:
12.61 gpt gold over 1.68 metres
10.54 gpt gold over 1.55 metres
9.38 gpt gold over 1.63 metres
6.53 gpt gold over 1.50 metres
5.75 gpt gold over 1.66 metres
The results validate Trench 1 North as another area of high-quality material for our bulk sampling campaign.
Grade-Control Drilling at the Trench 1 North Bulk Sample Site
Trench 1 South & Eastern Reef Bulk Sample Sites
To build on the momentum, we completed 78 grade-control holes at Trench 1 South and the Eastern Reef areas to identify an additional 20,000 tonnes of mineralized rock within six metres of surface. Drilling results will be released once available.
Strategic Alignment with McEwen Mining
One of the unique advantages of the Pardo Gold Project is our ability to partner with McEwen Inc through their Stock Mill. By securing a milling solution, Inventus has been able to fast-track its bulk sampling program, removing a major barrier that often slows down or completely stops a bulk sample program from occurring. This partnership not only validates the potential of our project but also demonstrates operational readiness that investors and stakeholders value.
Aerial photo of McEwen Inc’s Stock Mill.
Preparing for a Maiden Resource
In addition to bulk sampling, Inventus completed a small part of its Phase 2 resource drilling while the drill was onsite for grade control drilling. The first four holes drilled where located in the northwest of our currently drilled footprint and represent a step out to extend the mineralization. These results will feed directly into modeling for a maiden resource estimate, a critical step that will quantify the scale and potential of Pardo for the first time.
With over 25,000 tonnes of material now identified and in various stages of extraction, Inventus is well on its way to defining the economics of this unique gold system at Pardo.
A Word from Leadership
Wesley Whymark, President & Head of Exploration, captured the positive outlook best:
“We are incredibly pleased with the progress of our ongoing bulk sampling program at Pardo. With over 25,000 tonnes now identified and at various stages of extraction and delivery to McEwen’s Stock Mill, this program is rapidly advancing our understanding of Pardo’s economics and setting the stage for a future resource estimate.”
Why This Matters
For shareholders, partners, and the broader mining community, the progress at Pardo highlights three key advantages:
Proven High-Grade, Near-Surface Mineralization – consistent results across multiple zones reinforce the project’s potential.
Real-World Economic Testing – with material at the mill, we will soon have definitive recovery and grade reconciliation data.
Accelerated Path Forward – bulk sampling, resource drilling, and strategic partnerships are paving the way toward a maiden resource and long-term growth.
Looking Ahead
The coming months will be pivotal for Inventus. With bulk sample material available at McEwen Inc’s Stock Mill, pending drill results, and ongoing extraction of bulk samples, we are strategically positioned to benefit from a continuous series of catalysts. Each milestone brings us closer to a resource estimate and strengthens our case for Pardo as one of the most exciting emerging gold projects in Canada.
Momentum is growing, and this is only the beginning.