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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
Comment by goindeeperon Jun 04, 2018 2:56pm
172 Views
Post# 28121650

RE:RE:RE:RE:RE:RE:Wonder what they have drilled on their

RE:RE:RE:RE:RE:RE:Wonder what they have drilled on theirI think Drksideofmoon has an excellent point.  However, since they are required to report material changes, I think they have covered their assets on this anyway with the following bit of info from the May 8, 2018 NR.

"During Q1 2018, Ivanhoe's exploration team completed 6,180 metres in 14 holes of drilling and finalized detailed interpretation of the Makoko high-grade zone."

For those that don't understand the import of the above sentence, IVN has given you the interpreted drilling results; they are under no obligation to post the actual intercepts.  Given that they have announced the presence of a new high-grade zone in Western Forelands, your only option is to believe them or not believe them and act accordingly.

As other posters have stated, it would be foolish to send out a news release re: another high grade deposit while negotiations are underway.  This way of announcing the results keeps it under the radar but covers any complaint re: material news.  Anyone that tries to sue will have a hard time in court making a case that their lack of reading comprehension is IVNs fault.


Drksideofmoon wrote: With the amount of reserves already disclosed it would be a hard case to make for a new discovery being material enough for an immediate release. 


Bullboard Posts