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Ivanhoe Mines Ltd.
Summary
| Project: | Kamoa-Kakula | |
|---|---|---|
| Deposit: | Kamoa North | |
| Location: | Democratic Republic Of Congo | |
| Commodities: | Copper | |
| Date: | 8/19/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-8-2019: Ivanhoe Mines Ltd. announces an Exploration/Drilling Update report for its Kamoa North deposit at the Kamoa-Kakula project. XRF analysis on core gives 18.86m @ 18.0% Cu from 209m. KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Robert Friedland and Yuf | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen Torr (Internal) | |
| ABSTRACT: | KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Robert Friedland and Yufeng “Miles” Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF), announced today that drilling in the central part of the Kamoa North Bonanza Zone has returned another visually spectacular intersection of thick, ultra-high-grade copper mineralization. While assays for the hole (DD1571) are pending, Niton (X-ray fluorescence or XRF) analysis on core from the hole returned copper grades of 18.0% over 18.86 metres, at a 2% copper cut-off grade, beginning at a down-hole depth of 209 metres. These Niton readings make this the highest-grade intersection ever drilled on the Kamoa-Kakula Project. The reader is cautioned that Niton XRF readings are not the same as laboratory assays and are not an estimate of resource grades prepared in accordance with NI 43-101. However, based on more than 1,570 holes drilled to date at the Kamoa-Kakula Project and the high degree of correlation between Niton XRF readings and assay results, the company is confident that these data readings are highly useful in confirming and shaping the next stage of the delineation drilling program. | |
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