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Bullboard - Stock Discussion Forum 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... see more

TSX:IVN - Post Discussion

Ivanhoe Mines Ltd. > Fire sale prices?
View:
Post by AcesAnd8z on Nov 07, 2022 4:23pm

Fire sale prices?

Coppa?

 

merican Eagle drills 851.28 m of 0.33% CuEq at NAK

 

2022-11-07 09:54 ET - News Release

 

Mr. Anthony Moreau reports

AMERICAN EAGLE DRILLS 125 M OF 1.02% COPPER EQUIVALENT FROM SURFACE WITHIN 851 M OF 0.33% COPPER EQUIVALENT IN MAIDEN DRILL HOLE AT NAK

American Eagle Gold Corp. has released assay results from NAK22-01, the first hole of its 2022 program on its NAK copper-porphyry project. All five holes drilled on NAK have intersected broad intervals of porphyry-style mineralization from surface to end of hole, the longest of which was 984 metres.

NAK is a classic porphyry copper-gold target whose current 5,000 m drill program tests the potential for a mineralized footprint greater than 1.5 kilometres by 1.5 km. All five holes drilled to date hit broad mineralization from surface to a maximum depth of 984 m downhole. Assay results for NAK22-02 to -05 are pending.

"Our objective at NAK is to discover a world-class copper-gold deposit with a high-grade core at depth. Today's results exceeded our expectations. We have encountered mineralization in every hole and intersected a wide, high-grade interval from surface on the first hole. The bounds of the system are entirely unknown, including depth extensions of high grade. These early results set us up for an exciting remainder of 2022 and 2023," said Anthony Moreau, American Eagle's chief executive officer.




8s
Comment by Muffybell1 on Nov 07, 2022 4:32pm
OK interesting. Small area and fairly low grade but market cap is small. It's ok for small investors but anyone with multimillions it simply DOESN'T MEET THE CRYTERIA. TLG on the other hand does.  If you can't see the difference than you are a very very small player with perhaps a few thousand to invest so it would be ok for you. Some of us need things like a good amount of shares ...more  
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