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Stock impact report

Inventus Secures $2.1 Million Gold Pre-Payment and Provides Exploration Update [Yahoo! Finance]

McEwen Inc. (MUX) 
Last mcewen inc. earnings: 3/16 05:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
received a CAD$2.1 million gold pre-payment , providing non-dilutive funding to advance bulk sampling and drilling at its 100%-owned Pardo Gold Project , located approximately 65 km northeast of Sudbury, Ontario. This pre-payment reinforces Inventus' established bulk sampling strategy, providing continued validation of the gold mineralization and supporting the Company's approach of advancing the project through bulk sample cash-flow. Highlights CAD$2,085,768 gold pre-payment received from McEwen Inc. for a portion of the estimated recoverable gold from the 10,128-tonne Trench 1 bulk sample , with processing on track and scheduled to commence before the end of January Additional 10,000-tonne bulk sample is currently being extracted at Trench 1 North, demonstrating repeatability and scalability of the near-surface gold mineralization. Phase 2 resource drilling program restarted , following a planned pause over the 2025 holiday period, with results from 94 completed holes expe Show less Read more
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