Ivanhoe Intersects 70 Meters at 43 Percent Zinc, 5.5 Percent Copper, 244 g/t Silver

Ivanhoe Mines Ltd. (TSX:IVN) announced that further “exceptionally high-grade” silver, zinc and copper drill intercepts were found in the third batch of assay results from the Kipushi copper-zinc-germanium-lead and precious metals mine.

As quoted in the press release:

The new results include those from the first hole, KPU040, drilled through the historical Big Zinc zone from the hanging-wall drill drift on the 1,272-metre level, which provides the geometry for near-true-width intercepts. KPU040 was drilled on section 3 North and intersected high grades of base and precious metals mineralization:

• 70 metres grading 43.0% zinc, 5.5% copper, 244 grams per tonne (g/t) (7.8 oz/tonne) silver and 71 g/t germanium and 0.1 g/t gold.

Approximately one-half of the KPU040 intercept consists of a precious-metals-rich, very high-grade copper-zinc zone, which returned:

• 34.5 metres grading 35.1% zinc, 10.7% copper, 479 g/t silver (15.4 oz/tonne), 77 g/t germanium and 0.30 g/t gold.

Within the same interval, KPU040 also intercepted a zone of exceptionally rich silver, zinc and copper mineralization, which returned:

• 9.7 metres grading 19.9% zinc, 21.1% copper, 1,573g/t silver (50.6 oz/tonne), 65g/t germanium and 0.80 g/t gold.

Robert Friedland, executive chairman of Ivanhoe, commented:

Now, our discovery of high-grade copper-zinc-silver mineralization with significant gold and germanium values within the Big Zinc zone confirms our hypothesis that copper zones, which also are rich in precious metals, exist within the deep, unmined portions of the Kipushi Mine. These zones now present new and compelling targets for our ongoing exploration.

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