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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

Comment by EnglishDWon May 27, 2022 3:24pm
229 Views
Post# 34713113

RE:RE:Patience is the name of the game.

RE:RE:Patience is the name of the game. The drilling was designed to provide detailed stratigraphic and structural information ahead of processing and interpreting the 3 types of geophysical surveys they have, and continue to carry out.
Not the kind of information warranting a news release, at least, not the way they are reporting the drilling.  Plus, they reported that they were still surveying the drill holes, as of March.

 10km apart drilling, again, big picture stuff. 

This year's drilling is still big picture stuff.  Page 33 of March 2022 release.

They have all but completed their airborne and ground gravity and magnetic surveys.

Seems obvious to me that they know full well that they have multiple hits.

I think this year's drilling is about further confirmation of previous none invasive surveys, including understanding how to construct the future mines. Understanding in greater detail, what it all looks like below ground, will help in design & planning

In confirming sub outcrop positions, as is one of their stated objectives for the drilling this financial year, we might finally get a "Taste" of what they have. Might.
North of the Kamoa far north extension is one location. IVN rushed to secure new licenses for, after the bonanza discoveries north of K&K. Some of the drilling must be set for those new northern license areas..... I speculate. 

TWO YEARS WAITING..... that's my guess.

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