Inventus Mining Corp. announced assay results from drilling at the Cobalt Hill target and an exploration update from its 100%-owned Pardo and Sudbury 2.0 Projects near Sudbury, Ontario. At the Cobalt Hill gold-cobalt-nickel target, assays for holes CH-22-06, CH-22-08 and CH-22-13 are included in this update and assays for five holes remain pending.

The extent of the mineralization and areas of high-grade gold in drilling are very encouraging. The mineralized system appears to have zonation of metals between gold and cobalt/nickel. Results for the last five holes are expected in the coming weeks.

Hole CH-22-06 was drilled to test the up-dip extent of sulphide breccia in hole CH-22-05A (111.45m of 1.35 g/t AuEq, and intersected 87.38 m of 0.97 g/t AuEq, 0.44 g/t gold (Au), 382 ppm cobalt (Co) and 152 ppm nickel (Ni). The upper zone in CH-22-06, intersected 37.1 m of 1.61 g/t AuEq, 1.26 g/t Au, 261 ppm Co and 78 ppm Ni; including 2.03 mof 7.44 g/t AuEq, 7.10 g/t Au, 241 ppm Co and 102 ppm Ni. Hole CH-22-08 tested the eastern extent of sulphide breccia and returned lower gold values with higher more consistent cobalt and nickel values.

The hole intersected 34.19 m of 0.57 g/t AuEq, 0.1 g/t Au, 247 ppm Co and 352 ppm Ni; and 32.84 m of 0.71 g/t AuEq, 0.30 g/t Au, 272 ppm Co and 179 ppm Ni. The fluctuation of gold, cobalt and nickel assays in the hole has indicated zonation of the mineralization useful for future exploration and delineation of the mineralized body. Hole CH-22-13 was drilled to test the northwest area of the sulphide breccia and intersected 61.05 m of 1.17 g/t AuEq, 0.71 g/t Au, 288 ppm Co and 247 ppm Ni; including 21.25 m of 1.75 g/t AuEq, 1.31 g/t Au, 291 ppm Co and 185 ppm Ni; and including 12.25 m of 2.21 g/t AuEq, 1.79 g/t Au, 285 ppm Co, 170 ppm Ni.