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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

Comment by donger15on Nov 17, 2023 4:24pm
296 Views
Post# 35741903

RE:RE:RE:Not even a fraction of 1% of the geological potential....

RE:RE:RE:Not even a fraction of 1% of the geological potential....And so we will, in the very near future, start out by announcing the work we've been doing at the Makoko system and another related area of high grade at Kiala. These two in combination are now being studied to make a mine that Ivanhoe Mines that operate in an 80/20 joint venture with the government in local Congolese. And so I would expect that we'll be able to give you those independently vetted numbers in the very near future. And thereafter, we're kicking around the idea of making a second disclosure of some work that's going on that is not part of the Makoko area. And for strategic reasons, we might not want to be too specific, but I think we'll have more to say in the second press release, let's say, before Christmas. So there'll be more news on this coming soon at a theater near you.
 
We couldn't be happier with the geologic potential hiding under the Western Forelands, and I don't even think a fraction of 1% of the geologic potential that is there has been delineated as our knowledge and understanding of how the creator put the copper in this area has grown. 
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