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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 goindeeperon Sep 11, 2017 3:55pm
195 Views
Post# 26681516

30% of reported assays graded 5% Cu or higher at 3.0% Cu

30% of reported assays graded 5% Cu or higher at 3.0% Cucutoff even though many of today's reported assay results were for holes chosen to determine the limits of the current resource.  As such, we could expect lower values for those holes.
.
Also, note that many of the pending assays were chosen as infill holes in the centre of the high grade areas, especially for Kakula, which means we will see very high grades up to 9% in the upcoming news release for those results.
 
This information is readily apparent by looking at Figure 3 of the news release.  Map reading ability is key for geology investing!
Bullboard Posts