Partnership supports the pathway towards a True Net Zero mining future at Curipamba – covering Scopes 1 and 2 and ultimately Scope 3 greenhouse gas (“GHG”) emissions
Ottawa, March 23, 2022 – Invert Inc. (“Invert” or “the Company”) is pleased to announce it has been engaged by Adventus Mining Corporation (“Adventus”) (TSX-V: ADZN, OTCQX: ADVZF) and Salazar Resources Limited (“Salazar”) (TSXV: SRL) (OTCQX: SRLZF) to help develop a greener future for their Curipamba copper-gold project and its stakeholders in central Ecuador (“Curipamba” or the “project”).
In partnering with Adventus and Salazar, Invert will develop a pathway and set targets towards a True Net Zero mining future at Curipamba – covering Scopes 1 and 2 and ultimately Scope 3 greenhouse gas (“GHG”) emissions. The pathway will involve setting emissions reduction targets based on science-based methodologies and will build upon the robust ESG program and environmental licensing process already underway at Curipamba. Key partnership deliverables are expected to include:
Invert is focused on giving businesses and individuals alike the tools, information, and insight they need to make a meaningful impact on climate change. In addition to project funding and consumer engagement, we continue to offer our expert services to businesses who are looking to improve their carbon footprints.
Andre Fernandez, Co-CEO of Invert stated: “Invert is thrilled to partner with Adventus Mining as a trusted partner to achieve ambitious decarbonization targets that will make an impact to their stakeholders. We have deep technical expertise in mining, decarbonization, and climate change strategy – all of which will be leveraged to enhance Adventus Mining’s ESG goals in the years to come.”
President & CEO of Adventus Mining, Christian Kargl-Simard stated: “Copper is an essential part of the green energy transition and global decarbonization efforts. It is increasingly evident that as an aspiring producer, we have the responsibility and opportunity to align the Curipamba project with Ecuador’s global climate change contributions. We are pleased to partner with Invert on this endeavor and look forward to providing more detailed updates as this strategy is developed and implemented.”
Invert is a leading carbon-reduction and removal company committed to empowering businesses, communities, and individuals to take bold climate action. With a mission to drive global goals for decarbonization, Invert is dedicated to making a measurable impact on our planet’s future. We empower action through carbon project origination and financing, sourcing high-integrity carbon credits for businesses, and providing a software platform for organizations to bring employees along the climate-action journey.
About Adventus Mining
Adventus Mining Corporation is an Ecuador-focused copper-gold exploration and development company. Adventus Mining is 75%-owner of the 215 sq. km Curipamba copper-gold project, which has a completed feasibility study on the shallow and high-grade El Domo deposit. In addition, Adventus Mining is engaged in a country-wide exploration alliance with its partner in Ecuador, which has incorporated the Pijili and Santiago copper-gold porphyry projects to date. Outside of Ecuador, Adventus Mining owns an exploration project portfolio in Ireland with South32 Limited as funding partner. Its strategic shareholders include Altius Minerals Corporation, Greenstone Resources LP, Wheaton Precious Metals Corp., and the Nobis Group of Ecuador. Adventus Mining is based in Toronto, Canada, and is listed on the TSX Venture Exchange under the symbol ADZN and trades on the OTCQX under the symbol ADVZF.
Salazar Resources Limited is focused on creating value and positive change through discovery, exploration, and development in Ecuador. The team has an unrivalled understanding of the geology in-country and has played an integral role in the discovery of many of the major projects in Ecuador, including the two newest operating gold and copper mines. Salazar Resources has a wholly owned pipeline of copper-gold exploration projects across Ecuador with a strategy to make another commercial discovery and farm-out non-core assets. The Company actively engages with Ecuadorian communities and together with the Salazar family it co-founded The Salazar Foundation, an independent non-profit organization dedicated to sustainable progress through economic development. The Company already has carried interests in three projects. At its maiden discovery, Curipamba, Salazar Resources has a 25% stake fully carried through to production. At two copper-gold porphyry projects, Pijili and Santiago, the Company has a 20% stake fully carried through to a construction decision.