Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

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.

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Ivanhoe Mines Ltd

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Post by goindeeperon Nov 16, 2017 10:18am

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Post# 26975616

Kaula 2016 vs 2017 drilling for resource estimates

Strike length of the Kakula resource mineralisation expanded approximately 57% from the 3500m in the 2016 PEA last year to 5500m in September 2017.

This is approximate of course because I can't be sure that the following figures align with the drillhole inclusion cutoff dates, but it is a still a reasonable representation of the potential increase in the resource.

September 2016 drilling extent (September 22, 2016 NR):
https://ivanhoemines.com/site/assets/files/2065/image007-20160922044747.jpg

September 2017 drilling extent (September 11, 2017 NR):
https://www.ivanhoemines.com/site/assets/files/2960/013.png

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages