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   Gold/Mining/EnergyInventus Mining Corp - IVS


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To: StemuliteWorks who wrote (591)6/16/2019 8:20:21 PM
From: JW@KSC
1 Recommendation   of 630
 
June 11 2019 Inventus Discusses Its 2019 Exploration Activities for Pardo and Sudbury 2.0

June 11, 2019 09:32 ET | Source: Inventus Mining Corp.

TORONTO, June 11, 2019 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to provide details on its 2019 exploration activities. Inventus is currently working towards the advanced exploration bulk sampling program at Pardo, and with onset of spring, exploration has commenced on several targets at its Sudbury 2.0 property.

Pardo Exploration Activities

Inventus intends to conduct the first phase of its planned 50,000 t advanced exploration bulk sampling in 2019. Currently negotiations are progressing with three groups to provide custom milling services for the project. The custom milling agreement is key to the success of the bulk sample, and as such, we are pushing to secure the best agreement possible for Inventus shareholders.

In 2017, the 1,000 t Trench 1 bulk sample (see press release January 3rd, 2018) returned a more than 200% increase in grade when compared to the average grade in drilling. In 2018, Inventus drilled the 007 Zone in preparation for its first phase of advanced exploration bulk sampling (see press release November 22nd, 2018). The drilling outlined approximately 6,000 tonnes of mineralized material at surface with a weighted average gold grade of 3.4 g/t. Inventus believes we could see a similar increase in grade from the 007 Zone bulk sample this year.

Inventus also plans to conduct excavator stripping and washing at Pardo to better expose the mineralized boulder conglomerate “reef” at surface. At these locations the reef is expected to project to surface. Exposing the reef on surface would allow access for additional sampling, including bulk sampling, and provide additional geological understanding of the reefs thickness and grade along strike. Pursuant of the bulk sampling data, Inventus plans to initiate resource modelling. Reconciliation between drilling and bulk sampling will provide reliable data on the grade of the reef for resource modeling.

Sudbury 2.0 Exploration Activities

Inventus is focused on continued exploration of priority targets identified on its Sudbury 2.0 Property (see press release March 5th, 2019). These priority targets include; the newly identified Laundry Lake Breccia Belt (LLBB), exotic mafic dykes, and a prospective geophysical grid over an interpreted dyke system (see Figure 1).

The Laundry Lake Breccia Belt: Inventus plans to explore the LLBB in greater detail to identify inclusion-bearing quartz diorite, which if present, would establish a strong similarity to Sudbury’s South Range Breccia Belt (SRBB) that hosts the Frood-Stobie deposit. The LLBB occurs above the western peak of the Temagami Magnetic Anomaly and along a regional gravity discontinuity, indicating it was emplaced along a major regional structure like the SRBB and could host Sudbury equivalent Ni-Cu-PGE mineralization.The exotic mafic dykes: The association of the exotic mafic dykes with the Temagami Magnetic Anomaly or the Sudbury Igneous Complex remains unknown. Inventus plans to continue mapping, sampling and exploration for additional mafic dykes in the area to establish a geological connection and their potential to host Ni-Cu-PGE mineralization.The geophysical grid: This geophysical survey called the Fishhook grid, was done for Vismand Exploration by Quantec Geoscience in 2008 and is located on the eastern part of the Sudbury 2.0 property in Sheppard Township. The grid is situated on the eastern peak of the Temagami Magnetic Anomaly over a vertical derivative peak in the magnetic signature (see Figures 2 & 3). The Quantec geophysical report indicated that “There is believed to be a dyke system running through the Fishhook grid which may correlate with the shallow, sub-vertical signatures noted on the chargeability and DC resistivity data.” Since the entire township of Sheppard, including the geophysical gird has never been geologically mapped, the area is very prospective for outcropping dykes.The geological similarities at the Sudbury 2.0 property with the Sudbury Basin and its potential economic significance has generated considerable interest within the academic community. This interest has led to Inventus supporting two fully funded university research programs on the property. Inventus’ strategic plan for academic collaboration on the project, aims to assist with its ongoing exploration efforts and help vector areas of economic potential. A PhD research program studying the exotic mafic dykes on the property is currently underway. This research is led by prof. Hartwig Frimmel (University of Wurzburg, Germany) who directed the previous MSc. research program that identified a Sudbury equivalent quartz diorite dyke drilled over the Temagami Magnetic Anomaly (see press release May 7th, 2018). The second research program, which will study the LLBB, is in the early stages and awaits approval for an NSERC engage grant. This research is planned to begin in July, pursuant of approval of the NSERC grant, and will be studied under the guidance of prof. Robert Rainbird (Carleton University, Canada). Research on the LLBB is planned to evolve to a PhD provided the initial engage program is successful.

Click here for figures: globenewswire.com

For those that missed my Prior Post on the Temagami Magnetic Anomaly

Molee - That second Stockhouse Link was of no surprise to me.

Inventus Mining Aquires New Property Near Sudbury

V.IVS | May 7, 2018

TORONTO, May 07, 2018 (GLOBE NEWSWIRE) -- Inventus Mining Corp.(TSX VENTURE:IVS) (“Inventus” or the “Company”) reports that it has staked 188 square kilometers of new 100%-owned mineral claims located east-northeast of the Sudbury Basin. The claims targeted the Temagami Magnetic Anomaly, a large magnetic anomaly of similar size and intensity to that of the Sudbury Basin (formed by a meteorite impact 1.85 billion years ago), which hosts multiple world class Ni-Cu-PGE deposits (see Figure 1).

The claims were acquired after receiving an interim research report from the geological department of Wuerzburg University in Germany. The research findings relate to rocks from a deep borehole (AT-14-01) drilled by Canadian Continental Exploration Corp. (a private corporation 18% owned by Inventus) in 2014, on the peak of the Temagami Magnetic Anomaly. The drill hole is located 46 km from the eastern rim of the Sudbury Basin. It intersected unknown magnetic intrusive rocks with geochemical signatures similar to those of the unique offset dykes around the Sudbury Basin. Dating the source material for these unknown magnetic intrusive rocks further corroborated the geochemical observations, suggesting they could well be analogous to Sudbury Igneous Complex (SIC) Offset Dykes.
stockhouse.com

I put the Temagami Magnetic Anomaly pieces together including Canadian Continental Exploration Corp.two years before this news story, back in April 2016. As I thought the Magnetic Anomaly may have been part of an Asteroid Impact that created the Sudbury Basin and the huge Mineral Deposits found there. And Possibly being the Source of the Paleoplacer Deposits Gold found a Pardo.
I studied the Area Topography around Pardo, trying to figure out where the Gold source was feeding Pardo, and there was no possible source close by, and then found the information about Canadian Continental Exploration Drilling the Temagami Magnetic Anomaly about 50 miles from Pardo. Then went nuts doing DD trying to put the Pieces Together.
Canadian Continental Exploration had the expertise in Deep Drilling, attempting to hit the Magnetic Anomoly Source.


For those who may have missed my prior DD post :

Message 32169383

Molee - That second Stockhouse Link was of no surprise to me.

Inventus Mining Aquires New Property Near Sudbury

V.IVS | May 7, 2018

TORONTO, May 07, 2018 (GLOBE NEWSWIRE) -- Inventus Mining Corp.(TSX VENTURE:IVS) (“Inventus” or the “Company”) reports that it has staked 188 square kilometers of new 100%-owned mineral claims located east-northeast of the Sudbury Basin. The claims targeted the Temagami Magnetic Anomaly, a large magnetic anomaly of similar size and intensity to that of the Sudbury Basin (formed by a meteorite impact 1.85 billion years ago), which hosts multiple world class Ni-Cu-PGE deposits (see Figure 1).

The claims were acquired after receiving an interim research report from the geological department of Wuerzburg University in Germany. The research findings relate to rocks from a deep borehole (AT-14-01) drilled by Canadian Continental Exploration Corp. (a private corporation 18% owned by Inventus) in 2014, on the peak of the Temagami Magnetic Anomaly. The drill hole is located 46 km from the eastern rim of the Sudbury Basin. It intersected unknown magnetic intrusive rocks with geochemical signatures similar to those of the unique offset dykes around the Sudbury Basin. Dating the source material for these unknown magnetic intrusive rocks further corroborated the geochemical observations, suggesting they could well be analogous to Sudbury Igneous Complex (SIC) Offset Dykes.
stockhouse.com

I put the Temagami Magnetic Anomaly pieces together including Canadian Continental Exploration Corp.two years before this news story, back in April 2016. As I thought the Magnetic Anomaly may have been part of an Asteroid Impact that created the Sudbury Basin and the huge Mineral Deposits found there. And Possibly being the Source of the Paleoplacer Deposits Gold found a Pardo.
I studied the Area Topography around Pardo, trying to figure out where the Gold source was feeding Pardo, and there was no possible source close by, and then found the information about Canadian Continental Exploration Drilling the Temagami Magnetic Anomaly about 50 miles from Pardo. Then went nuts doing DD trying to put the Pieces Together.
Canadian Continental Exploration had the expertise in Deep Drilling, attempting to hit the Magnetic Anomoly Source.
Then found the 2009 news story
Ginguro gets first shares of Canadian Continental
Ginguro Exploration Enters Binding Letter Agreement in Which Canadian Continental Can Earn a 70% Interest in El Alto Property. Ft Lauderdale, Florida 12/02/2009
transworldnews.com
Then things became very Interesting.
.
And

Press Release | Tue Aug 26, 2014 1:20pm EDT
Ginguro Acquires Additional 3,400,000 Shares of Canadian Continental as Drilling Starts at Temagami
reuters.com


I tried to impart to the Board my DD in the 3 Posts or 3 Parts below:

WitsWatersrand Basin in South Africa was Created by the Vredefort Meteor. WitsWatersrand is the Largest Gold Deposit on Earth.

PART 1

PART 2

PART 3

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To: StemuliteWorks who wrote (591)6/17/2019 8:21:34 AM
From: JW@KSC
1 Recommendation   of 630
 
More on Temagami Magnetic Anomaly -

I began digging in to Canadian Continental and the Drilling of the Anomaly, long before I knew anything about Inventus buying shares of Canadian Continental. This was back when I began studying South Africa's Metor Strike when I first bought Ginguro and saw the video of the Good Doctor discussing the similarities between South Africa's Paleo Placer deposits and those of Pardo. That Video is no longer available.
One thing lead to another and then Butta-Bing! Butta-Boom I found myself doing DD on the Temagami Magnetic Anomaly as it was close to Pardo and assumed the Anomaly was probably a Piece of the Metor/Comet that came in with what created the Sudbury Basin, or Fallout from it.

These are some great Pics showing the Relationship of everything. I've included a link to a Video below, it's worth watching if you want to know how this all Started. The second part is about Canoeing in Temagami. Seems like a great place for a Vacation in case one is looking for a real get away vacation spot.

Hope this helps in putting the Pieces Together.





VIDEO LINK:

drive.google.com

Pretty Cool Eh ?

JW

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To: JW@KSC who wrote (593)6/17/2019 2:25:07 PM
From: StemuliteWorks
   of 630
 
Thanks JW.....eom

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To: StemuliteWorks who wrote (594)6/17/2019 2:30:37 PM
From: molee
   of 630
 
Wasn't their shareholders meeting last Friday ? Any "word" from it ? >> M

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To: molee who wrote (595)6/18/2019 2:02:53 PM
From: StemuliteWorks
   of 630
 
Yes, I believe it was. Just run of the mill stuff, regulatory formalities mostly.....we need crush plant news....

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To: StemuliteWorks who wrote (590)6/20/2019 1:31:26 PM
From: StemuliteWorks
   of 630
 
No reply or thoughts after this huge run.....it's okay, I am watching....

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To: StemuliteWorks who wrote (597)6/20/2019 3:48:54 PM
From: molee
   of 630
 
What's there to say ? Stock doesn't react to gold movement that I can tell ..

In the meantime all I can do is sit and wait .

My Pom-Poms are in the closet , along with my shares ..

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To: molee who wrote (598)6/20/2019 4:25:19 PM
From: StemuliteWorks
   of 630
 
Well, to hell with the pom poms...Won't need them for what is finally here.....

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From: StemuliteWorks6/20/2019 10:57:35 PM
   of 630
 
1410 on gold now USD....2030 AUD.....Running hard!

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From: molee6/25/2019 1:01:03 AM
1 Recommendation   of 630
 
Blog has been updated : ... inventusmining.com

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