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Ivanhoe Mines Ltd.
Summary
| Project: | Kamoa-Kakula | |
|---|---|---|
| Deposit: | Kamoa | |
| Location: | Democratic Republic Of Congo | |
| Commodities: | Copper | |
| Date: | 2/5/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-2-2020: Ivanhoe Mines Ltd. announces a Resource Estimation report for its Kamoa deposit at the Kamoa-Kakula project. Updated mineral resource estimate. KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Robert Friedland and Yufeng “Miles” Sun, Co-Chairs of Ivanho | |
| Resources: | (Resource): 760Mt @ 2.73% Cu (Ind.) and 235Mt @ 1.70% Cu (Inf.) | |
| CP/QP: | [Resources]: Gordon Seibel (Wood Plc) | |
| ABSTRACT: | KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Robert Friedland and Yufeng “Miles” Sun, Co-Chairs of Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF), announced today the completion of an independently-verified, updated Mineral Resource estimate for the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC). The Kamoa Deposit ─ originally discovered by Ivanhoe Mines’ geologists in 2008 ─ is one of two very large, near-surface, flat-lying, stratiform copper deposits discovered to date on the 400-square-kilometre Kamoa-Kakula mining licence. The other major deposit ─ Kakula ─ is being fast-tracked to commercial production, with the initial 3.8 million-tonne-per-annum mining operation scheduled to produce first concentrate in Q3 2021. As shown in Figure 1 below, the Kamoa Deposit includes the recently discovered, ultra-high-grade Kamoa North Bonanza Zone and the Far North Zone. | |
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