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Ivanhoe Mines Ltd.
Summary
| Project: | Kamoa-Kakula | |
|---|---|---|
| Deposit: | Kakula | |
| Location: | Democratic Republic Of Congo | |
| Commodities: | Copper | |
| Date: | 2/26/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-2-2018: Ivanhoe Mines Ltd. announces a Resource Estimation report for its Kakula deposit at the Kamoa-Kakula project. Mineral Resource update for Kakula. The Kamoa-Kakula 2018 Resource Update has been prepared for Ivanhoe Mines Ltd. (Ivanhoe), to updat | |
| Resources: | (Resource): 1340Mt @ 2.72% Cu (Ind.) and 315Mt @ 1.87% Cu (Inf.) at project | |
| CP/QP: | [Resources]: Harry Parker, Gordon Seibel (Not stated) | |
| ABSTRACT: | The Kamoa-Kakula 2018 Resource Update has been prepared for Ivanhoe Mines Ltd. (Ivanhoe), to update the Mineral Resources for the Kamoa-Kakula Project with additional Mineral Resource on the Kakula deposit. The Kamoa-Kakula 2018 Resource Update is an independent Technical Report (the Report) for the Kamoa-Kakula Project (the Project) located in the Democratic Republic of the Congo (DRC). The Project is situated in the Kolwezi District of Lualaba Province, DRC. The Project is located within the Central African Copperbelt, approximately 25 km west of the provincial capital of Kolwezi and about 270 km west of the regional centre of Lubumbashi. The Project includes the Kamoa and Kakula stratiform copper deposits that are situated approximately 11 km apart. The previous Technical Report was the Kamoa-Kakula 2017 Development Plan on the Kamoa-Kakula Project. Ivanhoe has undertaken further mineral resource studies following the Kamoa 2017 PFS that has formed the basis of the Kamoa-Kakula 2018 Resource Update, which summarises the current Ivanhoe development strategy for the Kamoa-Kakula Project. The Kamoa-Kakula 2018 Resource Update provides an update of the Kamoa-Kakula Project Mineral Resource, with the Mineral Reserve from the Kamoa 2017 PFS remaining the same. Aside from the updated Mineral Resource, further study work is currently incomplete and has not determined any results that require material changes to the Kamoa 2017 PFS. The Kamoa-Kakula 2018 Resource Update should be read in this context. Other than the addition of information relevant to the reporting of the Kakula Resource, the remainder of this report has not been changed from the Kamoa 2017 PFS and remains the most current study work available. Further study work is currently incomplete and has not determined any results that require material changes to the Kamoa 2017 PFS | |
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