Invenio Retains Aurora Geosciences for Interpretation of Data
April 29 2011 - 9:00AM
Marketwired
Invenio Resources Corp. (TSX VENTURE: IVO) ("Invenio" or the
"Company") is pleased to announce that it has retained Aurora
Geosciences Ltd ("Aurora") to conduct a comprehensive geophysical
interpretation of historical data at the Ganes Creek gold project,
located in west-central Alaska.
As part of the last exploration program completed at Ganes Creek
between 2007 and 2008 approximately 84 kilometres of ground
geophysical surveys (MAG and 2D & 3D IP) were completed over
areas of known low grade and high grade gold mineralization but the
results were never reviewed or interpreted. Aurora has been
retained to work with Invenio to complete the modeling of this
data.
Upon the completion of Aurora's work, Invenio will integrate the
newly modeled geophysical data with an extensive geological and
geochemical database into a 3D database that will be used to
identify correlations between geophysical responses to gold
mineralization. Invenio plans to use this work to aid in
constructing its exploration program for the 2011 field season
including identifying drill targets.
The Company is also pleased to announce the appointment of Jesse
Grady, MSc. as exploration manager for the Ganes Creek project.
Raised in Interior Alaska, Mr. Grady has extensive experience
working at local underground/placer mines as a geologist and
equipment operator, concurrent with fulfilling course requirements
pursuant of a BS degree in Geology from the University of Alaska
Fairbanks.
Mr. Grady finished his BS degree in Geology with honors at the
University of Nevada Las Vegas and received a Master of Science
Degree in Geology from the University of Nevada Las Vegas with an
emphasis on structural geology, igneous petrology/geochemistry and
global tectonics. Mr. Grady has held positions as an exploration
geologist, project manager, and/or consultant for several companies
and the Alaska State Geological Survey. Jesse was also provided
geological services for the the previous two operators at Ganes
Creek.
Mr. Grady is a managing partner of Yukuskokon Professional
Services, LLC. a consulting company that provides logistical and
geological support for exploration and mining projects focused
primarily in Alaska.
About Invenio Resources Corp.
Invenio Resources Corp is a Canadian based exploration company.
The Company's common shares are listed on the TSX Venture Exchange
and trade under the symbol IVO. Invenio has three gold properties,
Ganes Creek, Alaska, Kings Canyon located on the border of Nevada
and Utah and Green Springs located in Nevada. Invenio owns 75% of
Kings Canyon and Green Springs and in February 2011 it signed an
option on Ganes Creek with the right to acquire a 100% interest.
Ganes Creek has the potential to host both high grade lode style
gold mineralization and lower grade bulk mineable mineralization
similar to that found at the 42 million ounce Donlin Creek gold
deposit. The Kings Canyon project contains an historical,
non-compliant resource of approximately 217,000 ounces of gold at a
grade of 0.93 grams/tonne. The deposit is near surface, oxidized
and interpreted to be Carlin style. The Green Springs project is a
former past producer with reported head grades of 2 g/t gold.
The technical information in this news release was reviewed by
Jerry Blackwell, P.Geo., Invenio's technical advisor and a
Qualified Person as defined in NI 43-101.
For additional information please visit the Company's website at
www.invenioresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS OF INVENIO RESOURCES
CORP.
Ken Booth, President
"This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore involve inherent risks and uncertainties. Actual results
may differ materially from those currently anticipated in such
statements."
"Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release."
Contacts: Invenio Resources Corp. Investor Relations
604-687-1779 info@invenioresources.com www.invenioresources.com