Ivanhoe Australia’s Quarterly and Cash Flow Report
Investing News Network - May 2nd, 2011
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.