The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Marketwire

Invenio Retains Aurora Geosciences for Interpretation of Data

Friday, April 29, 2011

Invenio Retains Aurora Geosciences for Interpretation of Data09:00 EDT Friday, April 29, 2011VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2011) - 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."FOR FURTHER INFORMATION PLEASE CONTACT: Investor RelationsInvenio Resources Corp.604-687-1779info@invenioresources.comwww.invenioresources.com"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."