Patience is the name of the game.
Below is IVN's March 2022 news release relating to WF, pages 32 & 33 of their PDF.
They are still doing the "Big picture" research.
300 - 400 shallow drill holes, along with 100 or so deeper drill holes planned for this year, will give more "Big picture" details.
68km of roads, I suspect, is a small percentage of actual retirement, otherwise a completion % would likely have been stated. Not that a definitive road length will be known yet.
What I am trying to say, is that IVN is more than a year... MORE, from coming out with detailed "Look! Here's a mine or ten's locations and sizes."
The new mining district district which RF refers to.... and I believe him, will appear in detail, slowly over the next 2 to 3 years, probably longer, in my humble opinion. Depends how many mines they find!
Hope that helps.
4. Western Foreland Exploration Project
90%- and 100%-owned by Ivanhoe Mines
Democratic Republic of Congo
Ivanhoe’s DRC exploration group is targeting Kamoa-Kakula-style copper mineralization
through a regional exploration and drilling program on its Western Foreland exploration
licences, located to the north, south and west of the Kamoa-Kakula Mining Complex. Ivanhoe’s
Western Foreland Exploration Project consists of 17 licences that cover a combined area of
approximately 2,550 square kilometres.
Exploration models that successfully led to the discoveries of Kakula, Kakula West, and the
Kamoa North Bonanza Zone on the Kamoa-Kakula joint-venture mining licence are being
applied to the extensive Western Foreland land package by the same team of exploration
geologists responsible for the previous discoveries.
Exploration drilling in Q4 2021 was focused on wide-scale regional dip sections along the axis provide detailed stratigraphic and structural information ahead of processing and interpreting
the geophysical surveys. The drill holes currently are being surveyed with downhole
geophysical tools to provide density, conductivity and velocity information.
Surface soil and stream-sediment sampling focused on the southwest permits. 18 stream
samples and 462 soil samples were collected during Q4 2021. The mapping of the southwest
permits continued, with interpretation ongoing.
Construction of the access spine road across the western permits now has reached a total
length of 69 kilometres. Container-based bridges were installed along the entire length of the
road to provide all season access to the full extent of the southwest foreland. Some additional
wet season access roads were completed to allow additional drilling during the wet season.
Geophysical airborne surveys such as magnetics, gravity and electromagnetics recommenced
in Q4 2021. This new geophysical data will enhance the target delineation program for drill
testing and soil sampling, as well as provide a better understanding of the structural domains
of the area. Magnetics and gravity were completed by the end of the year with the
electromagnetic survey and additional gravity survey 46% completed by the end of the year.
Ground gravity survey work commenced during Q4 2021 and will be used in conjunction with
the airborne gravity to provide increased definition where required.
Ivanhoe’s 2022 Western Foreland exploration expenditure is provisionally planned at $25
million. The main component of this expenditure is exploration drilling, with more than 50,000
metres of shallow (depth of less than 150 metres), air core, reverse circulation and diamond
drilling focussed on defining sub-outcrop positions and obtaining bed-rock samples under the
Kalahari sand cover. In addition, up to 45,000 metres of deeper regional drilling covering the
entire 2,550-square-kilometre land package also is provisionally planned, some of which is
dependent upon exploration success.
South Africa-based New Resolution Geophysics conducting an airborne electro-
magnetic survey over Ivanhoe’s Western Foreland exploration licences in
February 2022. The electro-magnetic survey is the last of three geophysical
surveys to be completed over the Western Foreland licences, providing
geologists with ultra-high resolution data for the 2022 drilling campaign.
of the Western Foreland permits at approximately 10km intervals. The drilling was designed to provide detailed stratigraphic and structural information ahead of processing and interpreting
the geophysical surveys. The drill holes currently are being surveyed with downhole
geophysical tools to provide density, conductivity and velocity information.
Surface soil and stream-sediment sampling focused on the southwest permits. 18 stream
samples and 462 soil samples were collected during Q4 2021. The mapping of the southwest
permits continued, with interpretation ongoing.
Construction of the access spine road across the western permits now has reached a total
length of 69 kilometres. Container-based bridges were installed along the entire length of the
road to provide all season access to the full extent of the southwest foreland. Some additional
wet season access roads were completed to allow additional drilling during the wet season.
Geophysical airborne surveys such as magnetics, gravity and electromagnetics recommenced
in Q4 2021. This new geophysical data will enhance the target delineation program for drill
testing and soil sampling, as well as provide a better understanding of the structural domains
of the area. Magnetics and gravity were completed by the end of the year with the
electromagnetic survey and additional gravity survey 46% completed by the end of the year.
Ground gravity survey work commenced during Q4 2021 and will be used in conjunction with
the airborne gravity to provide increased definition where required.
Ivanhoe’s 2022 Western Foreland exploration expenditure is provisionally planned at $25
million. The main component of this expenditure is exploration drilling, with more than 50,000
metres of shallow (depth of less than 150 metres), air core, reverse circulation and diamond
drilling focussed on defining sub-outcrop positions and obtaining bed-rock samples under the
Kalahari sand cover. In addition, up to 45,000 metres of deeper regional drilling covering the
entire 2,550-square-kilometre land package also is provisionally planned, some of which is
dependent upon exploration success.