Ivanhoe Announces Completion of Platreef's Shaft 1 Platreef Phase 1 production on schedule for Q3 2024
First blast on Platreef's 950-metre level completed on April 22, lateral mine development toward Flatreef orebody commences
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Cape Town, South Africa--(Newsfile Corp. - May 9, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President, Marna Cloete, announced today at the African Mining Indaba Conference, the completion of the Shaft 1 production changeover at the company's tier-one Platreef palladium, rhodium, nickel, platinum, copper and gold project in South Africa.
Shaft 1 will serve as Platreef's initial production shaft and is approximately 450 metres away from the first high-grade area of the Flatreef orebody scheduled to be mined during Phase 1 production. On April 22, 2022, Ivanplats celebrated the first blast at Platreef's 950-metre level, marking the commencement of lateral mine development, with first production anticipated in the third quarter of 2024.
https://www.newsfilecorp.com/release/123174/Ivanhoe-Mines-Announces-Completion-of-Platreefs-Production-Shaft-1-at-the-TierOne-Palladium-Rhodium-Nickel-Platinum-Copper-and-Gold-Project-in-South-Africa