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Ivanhoe Australia (TSE:IVA,ASX:IVA) approves $30 million of capital to develop the Osborne and Kulthor underground resources.

Ivanhoe Australia (TSX:IVA,ASX:IVA) approves $30 million of capital to develop the Osborne and Kulthor underground resources.

The press release is quoted as saying:

Ivanhoe Australia is exploring within the Eastern Succession of the Mount Isa Inlier, located in Queensland, Australia. Its key projects are the Merlin molybdenum and rhenium project (Merlin), copper-gold projects including Osborne and Starra Line, Mount Elliott and the Mount Dore copper SXEW and polymetallic project. All these projects are on granted mining leases.

Click here to access the entire press release

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