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Infill Drilling Confirms Resource Estimate at Ivanhoe Mines Kamoa Copper Discovery
May. 13, 2014 08:44AM PST
Base Metals Investing
Ivanhoe Mines (TSX:IVN) has provided an update on ongoing exploration and development work at the Kamoa copper project in the Democratic Republic of Congo. Since a prior resource estimate was produced in 2012, continued infill drilling has defined a thick, near-surface zone of high-grade copper sulphide mineralization that would lend itself well to conventional copper flotation plant treatment.
Ivanhoe Mines (TSX:IVN) has provided an update on ongoing exploration and development work at the Kamoa copper project in the Democratic Republic of Congo. Since a prior resource estimate was produced in 2012, continued infill drilling has defined a thick, near-surface zone of high-grade copper sulphide mineralization that would lend itself well to conventional copper flotation plant treatment.
As quoted in the press release:
Infill drilling of the initial mining area has confirmed the overall grade and thickness of the December 2012 resource estimate in these areas and has provided invaluable refinement within localized areas. While traditionally modelled on a 1% total copper cut-off to define a selective mineralized zone, the deposit has shown that grade continuity also exists at an elevated 1.5% total copper vertical cut-off, and that a 2.0% vertical total copper cut-off may be feasible in certain areas.
Click here to read the Ivanhoe Mines (TSX:IVN) press release