TORONTO, Jan. 19, 2021 (GLOBE NEWSWIRE) — Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Firm”) is happy to announce assay outcomes from its first drill gap WL-20-01 and particulars about its second drill gap WL-21-02, a part of an ongoing 3,000-metre drill program at its 100%-owned Wolf Lake and Cobalt Hill properties close to Sudbury, Ontario.
A complete of 556 metres of drilling has been accomplished so far with a minimal of seven further holes deliberate on the Wolf Lake and Cobalt Hill targets. The preliminary drill program is designed to correctly pattern the polymetallic gold mineralization and check the mineralized constructions at depth.
Drill gap WL-20-01 was vertical and designed to check the close to floor mineralization, it intersected:
|From (m)||To (m)||Interval (m)||Au (g/t)||Cu (%)||Co (%)|
The primary gap has validated the presence of polymetallic mineralization with particular person core assays as much as 35.9 g/t Au, 3.97% Cu, 410 ppm nickel and 0.115% Co. Full assay outcomes are offered in Desk 1 and a location map may be seen in Determine 1.
Drill gap WL-21-02 is presently at a depth of 477 metres and has intersected the mineralized breccia roughly 200 metres under floor. The opening intersected 152 metres of intense metasomatic alteration and hydrothermal breccia with variable pyrite and chalcopyrite mineralization from roughly 325 to 477 metres. Choose mineralized core intersections are offered in Determine 1. Drilling continues to be underway.
Stefan Spears, CEO of Inventus stated, “We’re very happy to lastly be drilling these thrilling targets. The primary gap has already offered appreciable details about the geologic setting and origins of the breccia-hosted polymetallic mineralization. With the following a number of holes we hope to start to outline the geometry and geologic controls on the mineralization because it extends to depth.”
Determine 1. http://www.inventusmining.com/s/Jan19_2021_Fig.pdf
Desk 1. Full assays from WL-20-01
|Gap ID||From (m)||To (m)||Interval (m)||Au (g/t)||Cu (%)||Ni (ppm)||Co (ppm)|
*Outcomes are core lengths, true widths aren’t recognized.
For additional data, please contact:
Mr. Stefan Spears
Chairman and CEO
Inventus Mining Corp.
Tel: (647) 258-0395 x280
About Inventus Mining Corp.
Inventus is a mineral exploration and growth firm targeted on the world-class mining district of Sudbury, Ontario. Our principal property are a 100% curiosity within the Pardo Paleoplacer Gold Challenge and the Sudbury 2.0 Challenge situated northeast of Sudbury. Pardo is the primary essential paleoplacer gold discovery present in North America. Inventus has roughly 130,500,000 frequent shares excellent.
Neither TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this launch. No inventory trade, regulation providers supplier, securities fee or different regulatory authority has authorised or disapproved the data contained on this information launch.
The Certified Individual liable for the geological technical content material of this information launch is Wesley Whymark, P.Geo., who has reviewed and authorised the technical disclosure on this information launch on behalf of the Firm.
The samples collected by Inventus described on this launch had been transported in safe sealed luggage for preparation and assay by Agat Laboratories in Mississauga, Ontario. The samples reported had been crushed of their entirety to 75% passing -10 mesh, with one 250 g or 500 g subsample break up and pulverized to 85% passing -200 mesh. One 50 g aliquot was taken from the subsample for hearth assay (FA) with an ICP-MS/ICP-OES end. Multielement assays had been accomplished by Sodium Peroxide Fusion with ICP-OES/ICP-MS end. Samples over 10 g/t gold had been topic to a 50 g aliquot FA with gravimetric end.
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