Inventus Mining Corp. is pleased to announce assay results from its first drill hole WL-20-01 and details about its second drill hole WL-21-02, part of an ongoing 3,000-metre drill program at its 100%-owned Wolf Lake and Cobalt Hill properties near Sudbury, Ontario. A total of 556 metres of drilling has been completed to date with a minimum of 7 additional holes planned at the Wolf Lake and Cobalt Hill targets. The [...]
Inventus Mining Corp. is pleased to announce that it has closed the acquisition of the Wolf Lake, Cobalt Hill and Rathbun properties. In connection with the transaction, Inventus has issued 5 million common shares to Cooksville Steel Limited and has appointed Robert Miszczuk, President of Cooksville, as a director of the Company. Robert Scott Heatherington has resigned as a director to allow for Mr. Miszczuk’s [...]
Inventus Mining Corp. is pleased to announce that its 3,000 metre winter drill program has started on the Wolf Lake and Cobalt Hill properties. The first drill hole is now complete and drilling will continue in the new year. The previously announced acquisition of Wolf Lake, Cobalt Hill and Rathbun properties is scheduled to close soon. The initial drill program at the Wolf Lake and Cobalt Hill targets is designed to [...]
Inventus Mining Corp. is pleased to announce that a favourable court decision has cleared the way for the Company to complete the previously announced acquisition of three Flag Resources mineral properties: Wolf Lake, Cobalt Hill and Rathbun. Inventus expects to close the acquisition in December 2020, subject to receipt of customary approvals. Refer to our July 2, 2020 news release for additional information about the [...]
Inventus Mining Corp. is pleased to provide an exploration update on the Sudbury 2.0 project and to announce that Canadian Continental Exploration Corp. , a private company of which Inventus is the largest shareholder with approximately 17%, has entered into a conditional asset purchase agreement with Conquest Resources Ltd. . See CQR news release: https://www.conquestresources.com/news/news-releases/2510/ Wolf Lake and [...]
Inventus Mining Corp. is pleased to provide an update on its exploration and corporate development activities including the purchase of three highly prospective properties, new high-grade gold and copper grab samples, and the identification of a new Sudbury offset dyke on the 100%-owned Sudbury 2.0 Project, located 40 km northeast of Sudbury, Ontario. Property Acquisition Inventus is pleased to announce that it has signed [...]
Inventus Mining Corp. is pleased to announce the completion of its 2020 winter exploration program on its 100%-owned Sudbury 2.0 property, located 40 km northeast of Sudbury, Ontario. An induced polarization survey was successfully completed and intriguing new exploration targets at Big Valley Lake and Doon Lake North have been identified. Five shallow exploration drill holes were also completed into the Laura Creek [...]
Inventus Mining Corp. is pleased to announce that it has acquired a 100% interest through staking 16 km2 of new claims in McCarthy Township, located 50 km northeast of Sudbury, Ontario. Exploration work is ongoing on the Sudbury 2.0 and Pardo Projects, and plans are in place for a busy field season. McCarthy Paleoplacer Prospect The new claims in McCarthy Township were staked around a 2014 drill hole, MC-14-01, that had [...]
Inventus Mining Corp. is pleased to announce that it has started the 2020 winter exploration program on the 100%-owned Sudbury 2.0 Property, located 40 km northeast of Sudbury, Ontario. The program begins with an induced polarization survey on three areas: Laura Creek Offset Dyke, Big Valley Lake, and Doon Lake North . Inventus intends to follow up the IP surveys with drilling at the Laura Creek Offset Dyke this winter [...]
Inventus Mining Corp. is pleased to announce that it has closed the previously announced non-brokered private placement of 12,400,000 units of the Company at $0.105 per Unit for gross proceeds of $1.3 million . Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each Warrant is exercisable into a Common Share at $0.17 for two years. The Offering of the Units is subject to the [...]
Inventus Mining Corp. is pleased to announce that it has updated the terms of the proposed non-brokered private placement as originally announced on January 2, 2020 and updated on January 8, 2020. The updated private placement will be for up to 12,400,000 units at a price of $0.105 per Unit for gross proceeds of up to $1,302,000 . Each Unit will consist of one common share and one common share purchase warrant . Each [...]
Inventus Mining Corp. is pleased to announce that it has updated the terms of the proposed non-brokered private placement as originally announced on January 2, 2020. The updated private placement will be for up to 10,400,000 units at a price of $0.105 per Unit for gross proceeds of up to $1,092,000 . Each Unit will consist of one common share and one common share purchase warrant . Each common share purchase Warrant will [...]