Inventus Mining Provides Corporate Update and First 2016 Exploration Results

SUDBURY, ONTARIO--(Marketwired - May 25, 2016) - Inventus Mining Corp. (TSX VENTURE:IVS) ("Inventus" or the "Company") is pleased to provide a corporate update and early 2016 exploration results from the 100% Inventus owned Pardo property, located approximately 65 km northeast of Sudbury, Ontario.

The Company has successfully refinanced and consolidated the company's shares on a 2:1 basis. Inventus is now debt free having converted all outstanding debentures to common shares. The Company is well positioned to develop the Pardo Project, the first gold Paleo-Placer deposit in Canada, where the focus will be bulk sampling and drilling as the first step in determining the economics of the discovery.

Field work started May 1^st this year on Inventus 100% owned property surrounding the Pardo Joint Venture. The Inventus team, after reviewing field notes and assays from 2012, (Table 1), undertook prospecting and geological mapping on its 100% owned claims to re-evaluate an area that had been previously overlooked. This new area, termed the "Cobble Zone," is located 7.5 km south east of the gold bearing conglomerates in the Pardo Joint Venture (Figure 1).

A prospecting and geological mapping program at the Cobble Zone has illustrated an area of approximately 750m x 300m of outcropping gold bearing conglomerates. The conglomerates returned gold grades up to 2.24 g/t (Figure 1 and Table 2), indicating a highly anomalous area where reworked basal and stacked intraformational conglomerates appear to be extensive. The conglomerates in this location contain pyrite and cobble sized clasts up to 30cm in diameter, which are both requisites for high grade conglomerates on the Pardo JV.

The newly discovered Cobble Zone, located 7.5 kilometers south of the cobble and boulder conglomerates of the Pardo JV, does not conform to the currently understood sedimentary system of the Pardo Project. The Inventus team believes this area demonstrates a new system, which was depositing additional gold bearing material into the basin and provides Inventus with an additional surface discovery opportunity on its 100% owned claims.

The acquisition by staking of four new claims, totaling 8.8 sq. km on the southern boundary of Inventus' land package was also completed in early May. In 2015, Clear-cut logging of the area in 2015 left numerous bedrock exposures in the area. These outcrops were prospected for two days and resulted in the finding of a highly anomalous 30 cm thick conglomerate pebble bed returning grades of 3.3 g/t to 5.6 g/t gold (Figure 1 and Table 3). With the addition of this new area the 100% Inventus land position now extends over 17km from North to South.