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Project: | Kipushi Mine | |
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Deposit: | Kipushi Mine | |
Location: | Democratic Republic Of Congo | |
Commodities: | Zinc-Copper-Lead-Silver-Cobalt-Germanium | |
Date: | 7/30/2018 | |
Report Code: | NI43-101 | |
Report Type: | Resource Estimation | |
Project Stage: | Pursuing Feasibility Study | |
Report details: | 30-7-2018: Ivanhoe Mines Ltd. announces a Resource Estimation report for its Kipushi Mine deposit at the Kipushi Mine project. Updated mineral resource estimate at the Kipushi Mine. KIPUSHI, DEMOCRATIC REPUBLIC OF CONGO – Robert Friedland, Executive Chair | |
Resources: | ||
CP/QP: | [Resources]: Jeremy C. Witley (MSA Group Pty Ltd.) | |
ABSTRACT: | KIPUSHI, DEMOCRATIC REPUBLIC OF CONGO – Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF), and Lars-Eric Johansson, Chief Executive Officer, announced today that an independently prepared estimate has resulted in a significant increase in Measured and Indicated Mineral Resources at the company’s high-grade, Kipushi zinccopper-silver-germanium mine. The new Mineral Resource estimate is the first update to be issued for Kipushi since Ivanhoe Mines published its initial, independent NI 43-101 estimate in January 2016. The new Mineral Resource estimate has increased Kipushi’s Measured and Indicated zinc-rich resources by 16%, from 10.2 million tonnes to 11.8 million tonnes, with an increase in zinc grade from 34.89% to 35.34%. In addition, the mine’s Measured and Indicated copper-rich resources have increased by 40% from 1.6 million tonnes to 2.3 million tonnes, with a slight increase in the copper grade from 4.01% to 4.03%. | |
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