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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. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.


TSX:IVN - Post by User

Bullboard Posts
Post by dutch56on Jun 13, 2017 6:20am
450 Views
Post# 26355336

patience

patience“Kakula alone already has enough resources, grading 6% copper or higher, to maintain approximately 20 years of mining at a rate of six million tonnes per year. We’re also confident that Kakula West has similar potential.”

“With 12 rigs currently drilling at Kakula and Kakula West and another two rigs about to begin testing important new targets on the licence area, Kakula is an international story of discovery that has earned the mining world’s attention,” said Mr. Friedland.


Nearly 200 square kilometres of the approximately 400-square-kilometre Kamoa-Kakula Project area remain untested. The Kamoa-Kakula geology team, with the assistance of its technical advisors, has intensively evaluated the structural and stratigraphic controls on mineralization of the broader Kamoa-Kakula basin. This work has highlighted at least nine high-priority targets located in the untested areas of the Kamoa-Kakula Project that are planned to be drill tested this year.

“The potential exists to find another Kakula. Or perhaps something even better,” Mr. Friedland said.
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dutch56;so keep faith in RF and D BROUGHTON and let them do their work.

Bullboard Posts