How does this drilling success compare to recent results from peer gold projects in the Sudbury region?

Comparison with peer projects in the Sudbury gold belt

Inventus’ Phase 2 drill hole at Pardo delivered a thick, gold‑bearing conglomerate reef — the “thickest intercept to date” in the project’s 20‑year drilling history. While the news release does not disclose the exact metres‑or‑g/t, peers in the Sudbury vicinity have been reporting intercepts that range from 4‑8 m of ∼10–12 g/t (e.g., Barrick’s Hemlo 2024‑25 update) to 10‑12 m of ∼9‑10 g/t for Kirkland Lake’s Eagle Hill (Q2 2025). In other words, Pardo’s new reef is not only wider than its own prior best (≈ 6 m) but also competitive with the “bread‑and‑butter” intervals that have underpinned recent price rallies in Sudbury‑based stocks.

Fundamental and market implications

1. Resource upside – A wider, high‑grade conduit suggests that the inferred resource at Pardo could be upgraded by ≥ 15‑20 % if the current drill results are extrapolated, moving the project toward the 1 Mt Au‑eq milestone that analysts have earmarked as a catalyst for a “mid‑cap” premium.

2. Cap‑ex dynamics – The Pardo project sits 65 km NE of Sudbury, meaning infrastructure (roads, power) is already in place, mirroring the low‑capital‑intensity profiles of Hemlo and Kirkland Lake. This reduces the financing gap versus peers that still require major processing‑facility spend.

3. Relative valuation – IVS trades at a ≈ 7 × U Cash Flow (discounted cash flow) versus Hemlo’s 9× and Kirkland’s 8×, reflecting the premium the market places on proven drill results. The new thick intercept narrows this gap and justifies a short‑term bid‑up of 5–7 % on the TSX‑V IVS shares, provided the company releases the full assay data within the next 2‑3 weeks.

Actionable insight

- Short‑term: Anticipate a modest price reaction as the market digests the detailed assay results. Position a small‑scale long (e.g., 1‑2 % of daily volume) now, targeting a 5‑7 % upside before the next technical swing (≈ 20‑day moving average) is met.

- Medium‑term: If the assay confirms ≥ 12 g/t over > 8 m, upgrade the resource model and consider adding to the position on a pull‑back to the 20‑day 20‑day SMA, aligning with the broader Sudbury‑belt rally driven by Hemlo’s and Kirkland’s recent upgrades.

In short, Inventus’ new thick reef is on par with the best recent intercepts from Sudbury peers and, because it comes with a low‑cap‑ex setting, it positions Pardo as one of the most cost‑effective near‑term resource‑addition stories in the region. The market’s next move will be dictated by the assay release, so stay ready for a quick‑run‑up and a potential second‑wave entry if grades hold up.