In this episode, we speak to Wesley Whymark, President and CEO of Inventus Mining, to discuss the company's Pardo Gold Project in Ontario, Canada.
We explore what makes this unique gold deposit stand out, why bulk sampling has been central to its development strategy, and how Wesley's geological background influences both technical and commercial decision-making. We also discuss the potential for a low-capital path to production, the realities of permitting and Indigenous engagement in Ontario, and the key lessons learned from advancing an unconventional gold project.
KEY TAKEAWAYS
Inventus Mining utilises bulk sampling to combat the "nugget effect" of paleo-placer gold systems, proving that early drill data aligns with actual resource extraction.
By opting for a mine-and-haul model using existing regional processing mills, the company minimises high upfront capital expenditure and avoids complex on-site infrastructure.
Revenue generated from initial bulk sampling programs helps fund ongoing exploration and drilling without relying heavily on dilutive equity financing.
Project proximity to established infrastructure—such as Sudbury, Ontario's roads, mills, and labor pool—is critical to transforming small-to-mid-size gold deposits into economically viable mines.
BEST MOMENTS
"Bulk sampling allows you to test that in real time... it's sort of like a trial mining, and it gives you confidence that you can extract the material at a profit."
"I like to put more money into the ground and a slightly less budget on marketing, because I think successful results are a stronger impact than a sort of empty story."
"You could have a great project of high-grade gold, but if it doesn't have good access... the ability to turn it into a mine gets diminished."
"Our strategy at the moment is to generate cash flow that can be used to further develop the gold system... so we don't need to keep doing equity raises and diluting shareholders."
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
GUEST RESOURCES
E-mail: wesley@inventusmining.com
https://x.com/InventusMining
https://ca.linkedin.com/company/inventus-mining
https://www.youtube.com/@inventusmining
https://www.facebook.com/profile.php?id=61587627317147
CONTACT METHOD
rob@mining-international.org
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/
