The Itaporã gold project is located in Pará State, Brazil and is comprised of four granted claims (NS-07, 13, 14 and 15) totaling 16,759.6 hectares. The claims are underlain by rocks of the Archean Andorinhas Greenstone Belt, which host several gold and iron occurrences including Troy Resources NL's ("Troy") two operating gold mines (Mamão and Lagoa Seca) and Mineração Floresta do Araguaia SA's iron ore (Big Mac) mine. As of June 30, 2009 Mamão had non 43-101 compliant (JORC compliant) probable reserves of 715,000 tonnes grading 8.7 g/t Au and indicated resources of 783,000 tonnes grading 9.9 g/t gold. As of June 30, 2009 Lagoa Seca had non 43-101 compliant (JORC compliant) indicated resources of 792,000 tonnes grading 2.2 g/t gold (www.try.com.au).

At Itaporã, INV's exploration has focused on claims NS-13 and NS-07. At NS-07, located 60 kilometres to the west of the Mamão Deposit, mafic-ultramafic rocks and metasediments appear to be hydrothermally altered, including silicification, sericitization and amphibolitization, along a 2.2 kilometre long northwest-trending structure. A soil geochemical survey sampled on a 50 metre x 200 metre (locally 50 metre x 100 metre) grid has outlined a 3.0 kilometre long anomaly with gold values greater than 10 ppb. The anomalous trend ranges from 200 metres to 800 metres wide. Within this extensive anomaly, there are two discrete, significant, gold geochemical anomalies in soil. The northern anomaly, as defined by values equal to or greater than 80 ppb gold, is approximately 450 metres long, and ranges from approximately 25 metres wide to 200 metres wide. Within this area, gold values in soil range up to 525 ppb, with a single sample of 24,624 ppb (24.6 g/t) at the centre of the zone. A check analysis of the extremely high grade sample returned a nearly identical value. This anomaly is roughly coincidental with moderate IP chargeability and resistivity anomalies. The southern geochemical soil anomaly is located approximately one kilometre southeast of the northern anomaly. Based on gold values equal to or greater than 80 ppb gold, it is approximately 450 metres long by 50 metres to 200 metres wide, with values ranging up to 522 ppb gold. This anomaly is roughly coincidental with a moderate IP chargeability anomaly.

At NS-13, located 4.5 kilometres to the southwest of Troy's Mamão gold mine, mafic-ultramafic rocks and metasedimentary rocks have been mapped along a northeast-southwest trending shear zone that is interpreted to possibly represent the strike extension of the same structure present at the Mamão deposit. Along this trend two main zones of hydrothermally altered, folded and deformed rocks were identified (2.1 kilometres x 0.6 kilometres and 5 kilometres x 1 kilometres). Locally, hydrothermal alteration observed to date includes silicification, amphibolitization, saussuritization and chloritization, similar to, but less intense than, the alteration that hosts the gold mineralization at Mamão. A gold in soil geochemical anomaly with values between 50 ppb and 200 ppb has been outlined over a 1,000 metre length and 300 metre width.

In June and July, 2009 a seven hole diamond drill program, totaling 1,114 meters, was completed to test target areas NS-07 and NS-13. This initial drill program successfully confirmed the presence of hydrothermally altered, gold-bearing rocks. At NS-07 multiple zones of anomalous gold grading up to 3.9 g/t were identified, while at NS-13 14.4 g/t gold was intersected over 0.75 metres, which appears to be directly along strike from Troy Resources' Mamão mine. Drill assay results ranged from insignificant gold values to 14.4 g/t gold in hole ITNS 13-03. See Table 1 in the September 17th, 2009 press release for selected drill intersections that averaged 0.5 g/t gold or greater. Management considers the results of the initial drill program to be encouraging. The next phase of the exploration program at Itaporã will include the compilation and assessment of the exploration data obtained to-date to determine the best course of action to advance the gold discoveries.

See INV's corporate presentation for additional information and graphics on the drill program