From the August 13 news release Ivanhoe’s DRC exploration team is continuing with its regional drilling program targeting Kamoa-Kakula-style copper mineralization on its 100%-owned exploration licences in the Western Foreland region, located to the north and west of the Kamoa-Kakula mining-licence area. During Q2 2018, 6,857 metres of drilling in 16 holes was completed at the high-grade Makoko area. Two rigs are continuing to drill at the Makoko area and one rig has started drilling at the Kiala area on high-grade copper trends emanating from Kamoa North. In September, Ivanhoe expects to be in a position to provide an important update on its Makoko and Kamoa North exploration programs.
Read more at https://www.stockhouse.com/news/press-releases/2018/08/13/ivanhoe-mines-issues-2018-second-quarter-financial-results-and-review-of#U7i5OBzeshd6fh7s.99
So we know they are hitting numerous high grade intervals. It’s regional drilling, which means drillholes are widely spaced, taking up a substantial area. They are going to provide an “important update”. To me, that means more than tabulated drill results. It will probably be a detailed presentation, including various maps and cross sections. The Company doesn’t want to just throw out a few drill results. They will want to provide shareholders with a detailed picture of how West Foreland is shaping up. This Company doesn’t do small stories. There is nothing unusual going on, except that people are working really hard.
The Chinese already know the drill results, because Zijin is a joint venture partner, equal to Ivanhoe (39.6%). How could a JV partner not be aware of drill results? They’re running the drills. Come on guys, use your heads.