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Inventus Mng. Corp. (GNGXF)

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Last Post: 12/2/2016 6:31:44 AM - Followers: 10 - Board type: Free - Posts Today: 0

Ginguro Exploration Inc.
 

is a resource exploration company.

 

GEG.V / GNGXF

Shares outstanding 56 M

                                Fully Diluted 67 M



The Company engaged in the acquisition, exploration and advancement of gold properties in the Americas.
The Company is targeting the large-scale Precambrian paleo-placer gold deposit in North America, at its Pardo, Four Corners, and Grigg/Stobie Gold properties.
The Company’s Pardo paleo-placer gold property is located approximately 65 kilometers north-east of Sudbury, Ontario.
The Company owns a 100% interest in 87.5 square kilometers of claims and a 55% interest in a further 33 square kilometers of claims.
The Four Corners Property is a 59 square kilometers 100%-owned property located approximately 70 kilometers northeast of Sudbury, Ontario.

 

Pardo Property (Ontario, Canada)
• 113 sq. km. Paleo-placer Gold property 65 km north-east of Sudbury , Ontario
.
• Gold bearing conglomerate “reefs” possessing large tonnage potential
identified over a 10 km by 3 km extent.

• 100% interest in 80 sq. km. of claims.

•55% JV interest in 33 sq. km. of claims with Endurance Gold

•Recent identification of carbon associated with uranium and gold, strongly supports Witwatersrand exploration model

• Geological team with extensive Witwatersrand experience overseeing and executing exploration program.
 
• Major gold-hosting unconformity recently identified

•Basin analysis underway - will drive next phase of drilling in Q3



 

All assays have now been received from these four separate channels cut and sampled to date at the 007 Zone.
Results of these aggregate channels are summarized as follows:

    Channel 106 averaged 36.5 g/t gold across 31 meters.
    Channel 109 averaged 7.8 g/t gold across 7.5 meters.
    Channel 110 averaged 28.7 g/t gold across 20 meters.
    Channel 114 averaged 2.2 g/t gold across 5.5 meters.

 

This presentation from the company provides a nice summary of the general geologic characteristics of paleoplacer deposits,
as well as some specifics about the company's claims:

http://vimeo.com/51681453

This is a more general description of the geology and discovery of the mother of all paleoplacer deposits,
the Witwatersrand deposits of South Africa (source of 40% of the gold ever mined on earth):

http://www.youtube.com/watch?v=D_I59K3wu70&feature=youtu.be

More details later
 

Latest developments

Ginguro Announces Commencement of Arbitration Proceedings Relating to the Pardo Joint Venture    |


SUDBURY, ONTARIO--(Marketwired - Oct. 24, 2013) - Ginguro Exploration Inc. (TSX VENTURE:GEG) ("Ginguro") announces today that it is commencing arbitration proceedings against Endurance Gold Corporation ("Endurance") to enforce Ginguro's rights under the joint venture (the "Joint Venture") formed pursuant to the provisions of a joint venture agreement dated March 22, 2012 (the "Joint Venture Agreement") relating to the Pardo property located approximately 65 kilometers north-east of Sudbury, Ontario, Canada (the "Pardo Property"). Ginguro held an initial Joint Venture interest of 55%. However, after completing a program fully funded by Ginguro, as Endurance did not financially contribute or participate in the program, Ginguro's interest increased to 70.95% and Endurance's Joint Venture interest decreased from 45% to 29.05%.
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#207   Website has been redesigned some. Hurricane_Rick 12/02/16 06:31:44 AM
#206   Inventus Announces Closing of Transaction with Endurance molee 11/30/16 01:00:28 PM
#205   Inventus Announces Proposed Transaction To Consolidate 100% Ownership molee 11/09/16 02:22:34 PM
#204   Endurance also halted >>> molee 11/09/16 09:03:24 AM
#203   VANCOUVER, Nov. 9, 2016 /CNW/ - The following molee 11/09/16 09:02:18 AM
#202   Some background on the Golden Rose deposit referred zenvesting 09/28/16 09:07:04 AM
#201   Inventus Mining Provides Exploration Update zenvesting 09/28/16 08:13:47 AM
#200   Inventus Mining Provides Exploration Update on Pardo JV molee 08/11/16 07:50:56 AM
#199   Inventus Mining Provides Update on the Cobble Zone molee 07/11/16 09:23:24 AM
#198   Inventus Celebrates New McEwen School of Architecture at zenvesting 06/30/16 04:20:18 PM
#197   Saw it the first time . molee 06/29/16 12:17:34 AM
#196   ELKO – Jerritt Canyon President and CEO Greg goldenpolarbear 06/28/16 11:28:13 PM
#195   Jun 8, 2016 - ELKO – Jerritt Canyon goldenpolarbear 06/27/16 06:07:33 PM
#194   GNGXD back to GNGXF tomorrow : molee 06/20/16 09:09:56 AM
#193   It's good to know Canadian Continental hasn't fallen zenvesting 06/11/16 02:38:18 PM
#192   Inventus and Canadian Continental Exploration Corp. on the Hurricane_Rick 06/11/16 01:22:17 AM
#191   Rob McEwen purchases another 365,000 shares at .25 Hurricane_Rick 06/11/16 01:09:47 AM
#190   Inventus Mining Grants Options molee 05/30/16 06:27:38 PM
#189   Inventus Mining Provides Corporate Update and First 2016 Hurricane_Rick 05/27/16 09:23:57 PM
#188   Pay no attention to pre-market on grey sheets. Hurricane_Rick 05/13/16 07:11:03 PM
#187   Again > pre-market trade @ .027 WTH ? molee 05/12/16 08:40:15 AM
#185   GNGXF one for 2 reverse split: Renee 05/11/16 05:17:43 PM
#184   Last trade 15k @ .0949 ! ! That's molee 05/10/16 03:04:13 PM
#183   Think that's bad ? GNGXF .0311 pre-market trade molee 05/10/16 09:18:22 AM
#182   Should that happen , what could we project molee 05/10/16 08:39:55 AM
#181   Stefan Spears is another hook back into McEwen Mining. Hurricane_Rick 05/10/16 08:25:50 AM
#180   Inventus Announces Implementation of Share Consolidation and 2016 molee 05/10/16 07:16:41 AM
#179   IVS up to .14 on 125K, GNGXF down Hurricane_Rick 05/09/16 08:54:10 PM
#178   Low volume, but we're back above .10. I'll Hurricane_Rick 04/20/16 07:36:39 PM
#177   I agree with you completely ... molee 04/20/16 12:26:39 AM
#176   I received my proxy yesterday and voted for Hurricane_Rick 04/19/16 06:45:22 PM
#175   Heck Yeah, Things looking up here for sure! ptsczza 04/18/16 08:45:26 PM
#174   Anybody else jazzed about Osisko Gold Royalties making Hurricane_Rick 04/13/16 07:40:26 AM
#173   Looks like maybe no reverse after all - http://web.tmxmoney.com/article.php?news ptsczza 04/12/16 12:04:46 PM
#172   Followup news out >> molee 04/11/16 02:58:16 PM
#171   Hurricane_Rick molee 04/10/16 07:20:55 AM
#170   Here is the September 12, 2013 PR regarding Hurricane_Rick 04/08/16 10:19:49 PM
#169   ERIC SPROTT ANNOUNCES ACQUISITION OF SECURITIES OF INVENTUS Hurricane_Rick 04/08/16 10:18:29 PM
#168   Maybe now with Sprott mining for Inventus , molee 03/09/16 12:32:43 AM
#167   IVS.V (GNGXF) still holding .07. Hurricane_Rick 03/08/16 06:26:43 PM
#166   IVS.V (GNGXF) = 7 cents ! ! ! molee 03/07/16 02:10:45 PM
#165   GNGXF = .041 ;-) Patience baby ! ! ! molee 03/01/16 01:27:54 PM
#164   IVS.V (GNGXF) starting to come back from the molee 03/01/16 10:10:18 AM
#163   One Penny ? Really ? molee 10/26/15 11:20:38 AM
#162   SO frustrating to see selling on the Ca. molee 10/05/15 02:53:23 PM
#161   Talk about "dead money" ... WTH ... molee 10/01/15 09:48:32 AM
#160   Some nice buying on the Canadian side ... molee 09/09/15 12:00:25 PM
#159   Inventus to Extend Term of Warrants Hurricane_Rick 08/24/15 07:02:06 AM
#158   LOL...up 129% on the day. Woohoo! Hurricane_Rick 08/05/15 05:26:28 PM
#157   Finally , a trade goes through @ .022 ;-) molee 08/05/15 03:05:13 PM
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