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IVO

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Share Name Share Symbol Market Type
TSXV:IVO TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Invenio Completes Work on Alaska Gold Projects

23/09/2011 9:45pm

Marketwired Canada


Invenio Resources Corp. (TSX VENTURE:IVO) ("Invenio" or the "Company") is
pleased to announce that field work has been completed on its Ganes Creek and
Candle Hills gold projects in Alaska.


At Ganes Creek, 42 line kilometres of induced polarization ("IP") geophysical
survey covered favourable geology over approximately four kilometres from Pzs
zone to the Katz zone. The IP survey tied together previous IP grids that
targeted these specific zones and also extended these grids to cover areas that
were mapped by previous operators. In addition to the IP survey, several areas
previously recognized as having potentially favourable geology were extensively
mapped. Due to unfavourable market conditions and the lack of suitable
equipment, the Company has decided not to drill Ganes Creek in 2011. Invenio
will integrate the new geophysical data and results from the mapping program
with an extensive geological, geochemical and geophysical database, and when the
compilation is completed the results will be released.


Invenio's second project in Alaska is the Candle Hills gold property which is
located approximately 55 kilometres by road from Ganes Creek. The recently
completed work program at Candle Hills consisted of line cutting, geological
mapping and rock and soil sampling. The samples have been sent for assaying and
once the results have been received and interpreted they will be released.


The Company also reports that it has received a default notice from Palladon
Ventures Ltd., the optionor under the agreement dated May 9, 2006 pertaining to
the Green Springs and Kings Canyon properties. The Company is endeavouring to
work with Palladon Ventures in an effort to resolve matters and move forward to
each party's benefit.


About Invenio Resources Corp.

Invenio Resources Corp. is a Canadian based exploration company focused on gold
exploration. The Company's common shares are listed on the TSX Venture Exchange
and trade under the symbol IVO. Invenio has four gold properties, Ganes Creek,
and Candle Hills in 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 and in July 2011 it announced it had signed an
option on Candles Hills 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 and at Candle Hills gold mineralization is
potentially plutonic hosted stockwork and fault-filled vein style. 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 contains 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.


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