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Gold/Mining/Energy : Inventus Mining Corp - IVS
GNGXF 0.1240.0%Dec 6 4:00 PM EST

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To: JW@KSC who wrote (73)4/27/2016 8:56:44 AM
From: mineguru1 Recommendation

Recommended By
JW@KSC

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You can find all the mineral claim info on the ministry of northern development and mines (MNDM) website. When you perform work on a claim you can file assessment credits which you can bank towards your claim fees. I believe they are $400 per claim and paid every 2 years. I have read Ontario is changing to online claim staking so this may change slightly. I am unsure if they have any mining leases, however if one did some digging this could be determined.

JW is correct in the sense that preparation for actual mining is time consuming, as government red tape does bog down the process. There are many permits and environmental studies which need to be conducted prior to mining operations. There are many levels of bulk sampling from 10's of tonnes to 1,000's of tonnes, I am not sure which inventus has planned, however trial mining would fall into a separate category. In my opinion the bulk sampling is a intermediary step to determine the grade of the conglomerates, after which they could evaluate the deposits feasibility and streamline trial mining and a 43-101 resource. We will have to wait and see, I suspect some news following the AGM next week.
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