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So , a member from another messageboard had sent "management" an e-mail a little while ago and got this response ... Seems like a delay in operations . Maybe Rob M. can be of assistance ...
"We are still working away on arrangements for the bulk sample. The key issue we face is securing a mill that can process our material and dispose of our tailings. Recently we have had some success on this front, but we have yet to reach a commercial agreement with the mill. Our stepwise plan is: 1. secure a mill, 2. raise adequate funding for environmental bonding and working capital, 3. post environmental bond and obtain permit, 4. start mining (2-3 phases this year totalling 20-30,000 tonnes). I estimate additional $500k is necessary ($150k for bonding, and $350k for additional working capital)."
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 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.