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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 6:30pm
298 Views
Post# 34713636

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

RE:RE:RE:RE:Patience is the name of the game. No follow up? That is a question for IVN to answer, I can only speculate.

I think the fault line / strike (175km is kind of large) with multiple strata of copper that they found, is well understood.
The magentic surveys, and gravity survey have likely confirmed size and the presence of copper. It's location may make it a logical extension to K&K.

It might have been as simple as IVN wanting to know what else they have first.

IVN have been in talks with other interested parties, regarding WF, for a few years now (more than 2, if my memory serves me well.)

I speculate they either want to find, or believe they have found, another tier one potential. I am guessing it is south west of K&K..... time will tell.

WF is 5.5 times larger than K&K (only half of K&K has been drilled.) 

There is a lot to do, to find out what they have. I actually think they are things in the right order. No big shock from RF there.

The expansive exploration mentioned in Feb 2021, was explained in this year's March report, and it was expansive. The drilling they said they would do, was done, and explained.

What IVN have not said, is why they have made certain decisions. They have been a tad coy over some matters. 
Time will tell.

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