Inventus Mining
Inventus Mining is a Toronto-based junior gold exploration company advancing the Pardo paleoplacer gold project in Ontario, the only known advanced paleoplacer deposit of its kind in North America, with a secondary Sudbury 2.0 Ni-Cu-PGE and gold project.
- Company typePublic
- Founded2008
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Inventus Mining does
Inventus Mining Corp. is a Toronto, Ontario-based junior gold exploration company listed on the TSX Venture Exchange under the symbol IVS. Founded in 2008 as Ginguro Exploration Inc. and rebranded to Inventus Mining in 2017, the company focuses on exploring and advancing the Pardo Gold Project, located approximately 65 km east of Sudbury, Ontario, spanning a 190 km² land package. Pardo is described as North America's only known advanced paleoplacer gold deposit, a geological setting analogous to South Africa's Witwatersrand Basin. The company's secondary focus is the Sudbury 2.0 Project, which targets gold and Ni-Cu-PGE mineralization across multiple prospects in the broader Sudbury region.
The company's core technical work involves diamond drilling (including large-core PQ and grade-control drilling), bulk sampling campaigns, gravity separation and flotation concentration test work, ore sorting evaluation at a STEINERT facility, and 3D geological modeling using Leapfrog software. Bulk sampling to date has identified multiple stacked gold-bearing conglomerate layers (Trenches 1, 2, 3, and 5), with Trench 1 producing approximately C$1.16 million in gold sales from concentrates shipped to Glencore's Horne Smelter. Milling of bulk sample material is performed under a toll-milling agreement with McEwen Inc. at the Stock Mill, located in proximity to Pardo.
Inventus Mining is pre-revenue from an operating standpoint; gold sales to date represent non-recurring test-work output rather than a sustainable commercial operation. The company finances exploration through flow-through private placements (most recently a C$2.5M raise in April 2026), strategic insider investments (Eric Sprott and McEwen Mining collectively hold approximately 51%), and government grants such as the Ontario Junior Exploration Program (C$200,000 in 2024). Strategic objectives include advancing Pardo toward a maiden mineral resource estimate and delineating additional prospects across the Sudbury 2.0 land package.
Inventus Mining firmographics
Firmographics- Name
- Inventus Mining
- Legal name
- Inventus Mining Corp.
- Website
- https://inventusmining.com
- Company type
- Public
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Inventus Mining is a Toronto-based junior gold exploration company advancing the Pardo paleoplacer gold project in Ontario, the only known advanced paleoplacer deposit of its kind in North America, with a secondary Sudbury 2.0 Ni-Cu-PGE and gold project.
- Ownership category
- akta.pro rank
Inventus Mining industry classification
Industry- Product category
- Gold Mining Exploration
- NAICS
- Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
Keywords
Where Inventus Mining is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Inventus Mining business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Others
Revenue model
- Gold Sales from Bulk Sampling: Pre-revenue exploration stage company. Near-term revenue is generated through the sale of gold recovered from bulk sampling programs. Concentrates are sold to smelters (Glencore's Horne Smelter). McEwen Mining's Stock Mill processes material under a milling agreement. Bulk sample programs have demonstrated near-cash-flow-positive economics, with $1.16 million in gold sales reported from processing approximately 2,512 tonnes of Trench 1 material.
- Equity Financing and Flow-Through Financings: The company raises exploration capital through private placement equity financings, including flow-through financing mechanisms that provide Canadian exploration incentives. Notable recent financings include $2.5 million non-brokered flow-through financing (April 2026), $2.0 million flow-through financing (April 2026), $1.0 million flow-through private placement with Eric Sprokt (May 2025), and $600,000 private placement with McEwen Mining (November 2024).
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Inventus Mining product offering
Product offeringCore offering
Inventus Mining Corp. is a junior gold exploration company advancing the 100%-owned Pardo Gold Project, North America's only known advanced paleoplacer gold deposit located 65 km east of Sudbury, Ontario. The company conducts diamond drilling, bulk sampling, and resource definition work on near-surface, flat-lying gold-bearing conglomerate reefs, generating near-term gold sales revenue. A secondary district-scale project (Sudbury 2.0) targets additional gold and Ni-Cu-PGE prospects across multiple zones.
Product overview
Inventus Mining Corp. is a junior mining exploration company advancing two primary projects: the Pardo Gold Project and the Sudbury 2.0 Project. The Pardo Gold Project is a 100%-owned advanced paleoplacer gold project featuring near-surface gold-bearing conglomerate reefs with bulk mining potential, representing North America's only known advanced paleoplacer gold system. The Sudbury 2.0 Project is a multi-prospect exploration initiative targeting gold and Ni-Cu-PGE mineralization across various zones including Cobalt Hill, Laura Creek, and Rathbun. The company's strategy focuses on low-capital resource development through bulk sampling and strategic partnerships with major mining companies like McEwen Mining.
Differentiator
Problem solved
Functional benefit
Products and services
- Pardo Gold Project A 100%-owned advanced paleoplacer gold project located northeast of Sudbury, Ontario, featuring near-surface, laterally continuous gold-bearing conglomerate reefs with strong bulk mining potential. It is North America's only known advanced paleoplacer gold system. Gold recovered from bulk sampling is sold to smelters and processed through toll milling arrangements.
- Sudbury 2.0 Project A district-scale exploration project comprising multiple prospects (Cobalt Hill, Lake Zone, Rathbun, Dorland Prospect, Big Valley Lake, Laura Creek, Bassfin, Crystal North, Doon Lake, Laura Lake) located 65 km east of Sudbury, Ontario, targeting gold and Ni-Cu-PGE mineralization across the Sudbury mining district.
Quantifiable outcome
- 3.84 g/t gold weighted average grade at 007 North bulk sample site over 1.82m thickness
- +8 more outcomes
Companies that use Inventus Mining
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Inventus Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Inventus Mining partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered supporting and core.
- Red Cloud SecuritiessupportingInventus announced engagement of Red Cloud Securities for investor relations services, providing capital markets expertise and investor outreach support for the company.
- Ed BaersupportingInventus engaged Ed Baer, an industry veteran, to lead investor relations efforts. This partnership supports investor outreach and communications.
- McEwen Inc. (Stock Mill)coreInventus signed a Memorandum of Understanding and subsequently a milling agreement with McEwen Inc. for toll milling of bulk sample material at their Stock Mill near Timmins. This partnership provides critical processing infrastructure, removes a major barrier to bulk sample execution, and enables the company to generate near-term gold sales revenue. The partnership was further confirmed in July 2025.
- GlencoresupportingGlencore processes Inventus' Pardo flotation concentrates at their Horne Smelter. A contractual processing relationship enables the company to sell its gold-bearing concentrate production.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Inventus Mining competitors and assessment
Company assessmentDirect peers
- Treasury Metals: Treasury Metals is a Canadian junior developer advancing the Goliath Gold Complex in northwestern Ontario — directly comparable as a single-asset Ontario gold developer at a similar pre-resource / bulk-sampling stage with bulk-tonnage open-pit potential and similar reliance on third-party infrastructure.
- McEwen Mining: McEwen Mining is a gold and silver producer with operations near Timmins, Ontario (Stock Mill), and is simultaneously Inventus's largest insider (with Rob McEwen / McEwen Inc. aligned with ~51% of Inventus) and its toll-milling partner. It is the most directly comparable peer given overlapping Ontario gold exposure, processing infrastructure reliance, and shared leadership alignment.
- Marathon Gold: Marathon Gold is a Canadian junior gold developer advancing the Valentine Lake project in Newfoundland — directly comparable as a single-asset Canadian gold developer at a similar pre-production/bulk-sampling stage, with bulk-tonnage open-pit potential analogous to Inventus's Pardo paleoplacer concept.
- New Found Gold: New Found Gold is a Canadian junior gold explorer advancing a high-grade gold project in Newfoundland (Queensway) — directly comparable as a TSX-V listed single-asset gold explorer in early-stage resource definition that is also targeting bulk sampling and a maiden resource while leveraging prominent investor backing.
- Moneta Gold (now Moneta Porcupine Mines): Moneta Porcupine is a Canadian junior gold explorer advancing the Golden Highway project in the Timmins, Ontario gold camp — comparable to Inventus as a single-asset Ontario gold explorer focused on bulk-tonnage open-pit potential and resource definition with bulk sampling as a de-risking tool.
Broad incumbents
- Argonaut Gold: Argonaut Gold is an established mid-tier gold producer with operations across North America including Ontario. It is comparable to Inventus as a gold-focused operator in Ontario with surface/heap-leach mining experience, though at a much more advanced, production-scale stage.
- Wesdome Gold Mines: Wesdome is a Canadian-focused gold producer operating the Eagle River and Kiena mines in Ontario — broadly comparable as an Ontario-anchored gold operator with both production and exploration assets in tier-one infrastructure districts.
- IAMGOLD: IAMGOLD is a senior intermediate gold producer with significant Ontario exposure (Côté Lake) and active exploration across the region — comparable as a Sudbury-region / Ontario gold operator with both production and exploration programs, representing the senior tier that Inventus could aspire to or be acquired by.
- Alamos Gold: Alamos Gold is a senior intermediate gold producer with diversified North American operations including the Young-Davidson mine in northern Ontario — broadly comparable as a Canadian-focused gold producer with operating Ontario infrastructure and active brownfield exploration programs.
Emerging players
- G Mining Ventures: G Mining Ventures is an emerging Canadian gold developer advancing the Tocantinzinho project in Brazil — comparable as a recent developer that progressed from exploration through feasibility to construction, representing a development-stage peer archetype relevant to Inventus's longer-term trajectory.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Inventus Mining social profiles
Digital presenceInventus Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Inventus Mining leadership team
Management profileNumber of profiles
Profiles6 records
Inventus Mining funding detail
Funding detailFunding overview
Funding rounds4 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Inventus Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Inventus Mining
What does Inventus Mining do?
Inventus Mining Corp. is a junior gold exploration company advancing the 100%-owned Pardo Gold Project, North America's only known advanced paleoplacer gold deposit located 65 km east of Sudbury, Ontario. The company conducts diamond drilling, bulk sampling, and resource definition work on near-surface, flat-lying gold-bearing conglomerate reefs, generating near-term gold sales revenue. A secondary district-scale project (Sudbury 2.0) targets additional gold and Ni-Cu-PGE prospects across multiple zones.
Is Inventus Mining a public or private company?
Inventus Mining is a public company. It is classified as public and is currently operating.
When was Inventus Mining founded?
Inventus Mining was founded in 2008. It employs 1 to 10 people.
Where is Inventus Mining based?
Inventus Mining is headquartered in Toronto, Canada, in the North America region.
How does Inventus Mining make money?
Two revenue lines are on record. Gold Sales from Bulk Sampling is the primary driver. The others are equity Financing and Flow-Through Financings.
Who are Inventus Mining's main competitors?
Direct peers on record are Treasury Metals, McEwen Mining, Marathon Gold, New Found Gold and Moneta Gold (now Moneta Porcupine Mines). Broad incumbents are Argonaut Gold, Wesdome Gold Mines, IAMGOLD and Alamos Gold. G Mining Ventures is listed as an emerging player.
Does Inventus Mining have an API?
No public API is recorded for Inventus Mining.
What industry is Inventus Mining in?
Inventus Mining's product category is Gold Mining Exploration. Its primary akta.pro industry code is IMAKAEAI, Precious Metals Exploration & Project Development. Its NAICS code is 21222 and its SIC code is 1040.