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Ivanhoe Mines Ltd.
Summary
| Project: | Kamoa-Kakula | |
|---|---|---|
| Deposit: | Kamoa-Kakula | |
| Location: | Democratic Republic Of Congo | |
| Commodities: | Copper | |
| Date: | 12/13/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing PEA | |
| Report details: | 13-12-2016: Ivanhoe Mines Ltd. announces a PEA report for its Kamoa-Kakula deposit at the Kamoa-Kakula project. Kakula project Preliminary Economic Assessment. The Kakula 2016 Preliminary Economic Assessment (Kakula 2016 PEA) has been prepared for Ivanhoe | |
| Resources: | (Reserve, Prob.): 71.9Mt @ 3.85% Cu for 5102Mlbs Cu contained at Kamoa | |
| CP/QP: | [Resources]: Harry Parker (Amec Foster Wheeler Plc) | |
| ABSTRACT: | The Kakula 2016 Preliminary Economic Assessment (Kakula 2016 PEA) has been prepared for Ivanhoe Mines Ltd. (Ivanhoe), to provide an independent Technical Report (the Report) for the Kamoa-Kakula Project (the Project) located in the Democratic Republic of Congo (DRC). The Project was formerly known as the Kamoa Copper Project. 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 newly-discovered Kakula stratiform copper deposits. The previous Technical Report was the Kamoa-Kakula 2016 Resource Technical Report which was filed in November 2016 and included a first-time resource estimate for the Kakula deposit. Ivanhoe is currently developing twin declines at the Kansoko Mine on the Kansoko areas of the Kamoa deposit. The Kansoko Mine has a Mineral Reserve that was previously stated in the Kamoa 2016 Prefeasibility Study (Kamoa 2016 PFS). The base case described in the Kamoa 2016 PFS is the construction and operation of an underground mine, concentrator processing facility, and associated infrastructure. The base case mining rate and concentrator feed capacity is 3 Mtpa. The Mineral Reserve in the Kamoa 2016 PFS remains valid. Further study work is currently incomplete and has not determined any results that require material changes to the Kamoa 2016 PFS. | |
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