Inventus Mining Corp. is a junior mining firm that operates in the metal and mining industry. Formed in March 2005, Inventus Mining is a public company listed on the TSX Venture Exchange. Its ordinary shares are traded under the stock quote IVS.
The Toronto-headquartered miner is engaged in the exploration of mineral properties, mainly precious metals, base metals and platinum group metal (PGM) assets. The exploration and development portfolio of Inventus includes the following two 100 per cent-owned mineral projects located in Ontario:
The Pardo is a gold exploration project situated some 65 kilometers northeast of Sudbury. The project comprises mining leases and claims spread over a total area of 3.8 square kilometer-block and 180 square kilometers, respectively. It consists of a conglomerate-hosted gold mine within the ancient sedimentary basin Huronian, which are most likely to contain paleoplacer gold mines.
The company with its 100 per cent owned subsidiary named Mount Logan Resources Ltd. owns all the mineral claims of the project. These mineral claims circle the paleoplacer mineralization which is similar to world-class gold fields such as the Witwatersrand (South Africa), Tarkwa (Ghana), Castelo De Sonhos and Jacobina (Brazil), and Beatons Creek deposit (West Australia).
Sudbury 2.0 Project
The Sudbury 2.0 is an early exploration stage project that hosts polymetallic mineralization containing gold, nickel, copper, cobalt, and platinum group elements (PGEs). The project comprises mineral claims spread over a total land area of 240 square kilometers spanning the Temagami Anomaly – a mineralized magmatic intrusion.
It is situated about 45 kilometers east of the Sudbury mining camp. The Sudbury 2.0 is host to multiple mineral occurrences, including the Wolf Lake, Rathbun, Big Valley, Crystal North, Bassfin, Laura Creek, Laura Lake, Doon Lake, and Nicks Lake.
In addition, the company holds six per cent of issued and outstanding stock of Conquest Resources, which owns mineral claims to the east of the project area. Inventus is focused on exploration operations to discover and evaluate new prospective targets and enhance its mineral resource potential, which would ultimately lead to the advancement of its projects.