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Ivanhoe Mines Ltd.

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Summary

Project:

Kamoa-Kakula

Deposit:Kamoa-Kakula
Location:Democratic Republic Of Congo
Commodities:Copper
Date:11/28/2017
Report Code:NI43-101
Report Type:Pre-Feasibility Study
Project Stage:Pursuing Pre-Feasibility Study
Report details:28-11-2017: Ivanhoe Mines Ltd. announces a Pre-Feasibility Study report for its Kamoa-Kakula deposit at the Kamoa-Kakula project. Kamoa-Kakula 2017 Development Plan. The Kamoa-Kakula 2017 Development Plan is an independent NI 43-101 Technical Report (the
Resources:(Reserve, Prob.): 125.2Mt @ 3.81% Cu
CP/QP:[Resources]: Harry Parker, Gordon Seibel (Amec Foster Wheeler Plc)
ABSTRACT:The Kamoa-Kakula 2017 Development Plan is an independent NI 43-101 Technical Report (the Report) prepared using the Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) for Ivanhoe Mines Ltd. (Ivanhoe) for the Kamoa-Kakula Project (the Project) located in the Democratic Republic of 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 approximately 11 km apart. The development of the two deposits is at different stages. The Kamoa deposit includes a Mineral Reserve at the Kansoko Mine that is at a prefeasibility study (PFS) level reported here as the Kamoa 2017 PFS (Details are in Sections 15 to 22). Ivanhoe has completed the development of twin declines at the Kansoko Mine to provide access to the Kansoko areas of the Kamoa deposit. The Kakula deposit was discovered more recently than the Kamoa deposit and consequently the studies of the Kakula deposit are at a preliminary economic assessment (PEA) level reported here as the Kamoa-Kakula 2017 PEA (Details are in Section 24). In November 2017, the development of twin declines to access the Kakula deposit commenced.

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