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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 to Drill Ganes Creek Gold Property in September

26/07/2011 6:23pm

Marketwired Canada


Invenio Resources Corp. ("Invenio" or the "Company") (TSX VENTURE:IVO) is
pleased to announce that it plans to conduct a diamond drill program on its
Ganes Creek gold property. Invenio's exploration program at Ganes Creek
commenced in June and is progressing well towards the September drilling start
date.


Work to date includes an Induced Polarization ("IP") geophysical survey,
conducted by Aurora Geosciences, which is targeting favourable geology over four
kilometres and is intended to tie together previous IP grids that targeted these
specific zones and will also extend these grids to cover areas that potential
are underlain by the favourable geology.


As data from the current IP program is received it will be integrated into
extensive geological, geochemical and geophysical database that includes a total
of approximately 32 kilometres of trenching, geological mapping and 4,400
continuous chip samples collected in the trenches, 424 select rock samples and
approximately 83 line kilometres of grid geophysics. The new IP data combined
with the historical database will be used to define drill targets for the fall
diamond drill program.


Ganes Creek is located in west-central Alaska, approximately 440 km northwest of
Anchorage and 40 km west of the town of McGrath. The Project is situated in the
Tintina Gold Belt which is host to the 42 million ounce Donlin Creek gold
deposit approximately 90 km to the south west and the Nixon Fork copper-gold
skarn deposit approximately 62 km to the northeast. 


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,
Alaska, Candle Hills, 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 an option on Ganes Creek and an option on Candle Hills to
acquire a 100% interest. Ganes Creek has the potential to host both high grade
lode style gold mineralization and disseminated 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.


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."


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