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Ivanhoe Mines Reports High-grade Copper and Zinc in DRC

Teresa Matich
Sep. 05, 2014 11:41AM PST
Base Metals Investing

Ivanhoe Mines Ltd. (TSX:IVN) has received assay results showing high-grade copper and zinc drill intercepts at its Kipushi mine in the Democratic Republic of the Congo.

Ivanhoe Mines Ltd. (TSX:IVN) has received assay results showing high-grade copper and zinc drill intercepts at its Kipushi mine in the Democratic Republic of the Congo. The results are from Kipushi’s 1,272-meter level known as the Big Zinc Zone.

According to the press release:

The majority of the new drill results are from the Série Récurrente (Recurring Series) zone, which continues to return high-grade copper and zinc-rich intercepts. Results (all estimated true widths) include:

  • KPU011: 16.1 metres grading 4.9% copper, 5.8% zinc and 23 grams per tonne (g/t) silver.
  • KPU013: 13.7 metres grading 9.9% copper, 12.1% zinc, 37 g/t silver and 24 g/t germanium.
  • KPU014: 8.7 metres grading 5.7% copper, 22.5% zinc, 33 g/t silver and 28 g/t germanium.
  • KPU015: 9.7 metres grading 9.0% copper, 0.5% zinc, and 30 g/t silver.
  • KPU020: 5.2 metres grading 21.0% copper, 2.3% zinc, 190 g/t silver and 10 g/t germanium.

Robert Friedland, executive chairman of Ivanhoe Mines, said:

These latest assay results continue to highlight the remarkable grades and widths of mineralization present at Kipushi. The completion of the first of our planned drill holes across the Big Zinc zone from the hangingwall drill drift marks the successful attainment of another milestone in our goal of establishing an updated, compliant resource in the Big Zinc zone.

Click here to read the Ivanhoe Mines (TSX:IVN) press release.

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