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Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s):  IVPAF

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.


TSX:IVN - Post by User

Bullboard Posts
Comment by ursusbrumaeon May 09, 2018 1:18am
257 Views
Post# 28002490

RE:I don't know about you, but from the following statement

RE:I don't know about you, but from the following statementThis is 440m average downhole depth, which I would guess is sub-vertical, so about 400m true depth.  If the holes are roughly of the same length, then the discovery is less than 400m deep, which is good, but we don't know how big it looks, or how high grade.  My guess is it looked pretty decent if they poked 14 holes in one area and called it a zone.  Around 5% would be quality, if the tonnes are there, i.e., thickness, horizontal extent, and continuity.  It isn't clear to me whether they have received the assays and are withholding, but I would guess maybe not all, just going off visual inspection like before.  It could be years before another material discovery.  But certainly, they are in the right postal code.
Bullboard Posts