IVN assays vs ETG ( Looks awesome)IVN:
OTD918 intersected 74 metres grading 3.89% copper and 1.22 g/t gold (4.69% copper equivalent (cu eq.)), starting at a downhole depth of 996 metres in the upper portion of the deposit. This intersection is approximately 150 metres north of the OTD514 series of intersections, which formed the most northerly extent of the Hugo North deposit in the May 2004 AMEC resource estimate.
OTD918A, a daughter hole down-dip of OTD 918, intersected 228 metres averaging 2.96% copper and 1.28 g/t gold (3.79% cu eq.), including 56 metres in the gold-rich quartz monzodiorite that averaged 2.97% copper and 2.49g/t gold (4.59% cu eq.) at a downhole depth of 1156 metres, just over 150 metres below OTD 918.
OTD918B, which deviated 150 metres north from OTD918, intersected 60 metres grading 2.85% copper and 0.85 g/t gold (3.40% cu eq.).
OTD918C intersected 326 metres grading 3.77% copper and 1.23g/t gold (4.57% cu eq.), starting at a downhole depth of 1026 metres approximately 80 metres down-dip of OTD918A. This intersection, which is approximately 100 metres above the base of the planned first lift of the Hugo North block cave, included 96 metres grading 5.85% copper and 1.79g/t gold (for a 7.01% cu eq.) - the highest overall copper and gold intersection encountered on the Oyu Tolgoi property to date.
OTD918D, drilling approximately 75 metres down-dip from OTD918C and currently at a depth of 1373 metres, has intersected 120 metres grading 1.11% copper and 0.04 g/t gold (1.13% cu eq.), starting at 994 metres down hole. This is followed, starting at 1114 metres, by 88 metres of 4.21% copper and 0.54g/t gold (or 4.56% cu eq.) and 100 metres grading 3.69% copper and 1.06 g/t gold (4.38% cu eq.). The combined 188-metre interval grades 3.93% copper and 0.81 g/t gold (4.46% cu eq.). The remaining core is awaiting assay, but the copper mineralization is visually similar to the grades encountered immediately above.
OTD939 and OTD963 are being drilled on the east-west section approximately 150 metres north of the 918 section. The holes extend the deposit up-dip and down-dip from the OTD918B intersection,
OTD963, 140 metres down-dip of OTD918B, intersected 302 metres grading 3.11% copper and 0.98 g/t gold (3.75% cu eq.), including 216 metres of 3.90% copper and 1.27 g/t gold (4.72% cu eq.). Fifty metres up-dip of the 918B hole, OTD939 encountered 22 metres grading 1.73% copper and 1.81g/t gold (2.90% cu eq.) in the roof of the deposit.
OTD963A, is currently drilling at a depth of 1390 metres, approximately 80 metres down-dip of OTD963, and has intersected 104 metres grading 1.20% copper and 0.07 g/t gold (1.24% cu eq.), starting at 1040 metres down hole, followed by 150 metres grading 3.53% copper and 0.42g/t gold (3.81% cu eq.). The assays from the remainder of the hole are pending, with copper mineralization visually similar in concentration to the high-grade zone immediately above.
ETG
Significant intercepts in EGD006 include: CopperDown-hole Interval Copper Gold Equivalentdepth metres metres % g/t (i) %992 - 1,250 258 2.56 1.17 3.31Includes1,008 - 1,146 138 3.96 1.65 5.011,038 - 1,146 108 4.63 2.06 5.941,108 - 1,136 28 5.47 4.19 8.14(i) Copper equivalent grades have been calculated using assumedmetal prices (US$0.80/lb. for copper and US$350/oz. for gold);%Cu equivalent equals %Cu + (Au(g/t)x(11.25/17.64))