Ivanhoe Mines files an updated NI 43-101 technical report for the Kamoa-Kakula Copper Project
March 27, 2020
Ivanhoe Mines files an updated NI 43-101 technical report
for the Kamoa-Kakula Copper Project
TORONTO, CANADA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced today that,
further to its news release of February 5, 2020, the company has filed an updated National
Instrument 43-101 (NI 43-101) technical report covering an independently-verified, updated
Mineral Resource estimate for the Kamoa-Kakula Copper Project in the Democratic Republic
of Congo (DRC). The report is available on the SEDAR website at www.sedar.com and on the
Ivanhoe Mines website at www.ivanhoemines.com.
The Kamoa-Kakula Copper Project is a joint venture between Ivanhoe Mines, Zijin Mining
Group, Crystal River Global Limited and the DRC government. All figures in the NI 43-101
technical report are on a 100%-project basis unless otherwise stated.
The new Kamoa Indicated and Inferred Mineral Resource estimate was prepared by George
Gilchrist, Ivanhoe Mines’ Vice President, Resources, under the direction of Gordon Seibel, RM
SME, of the Wood Group (formerly Amec Foster Wheeler E&C Services Inc.) of Reno, USA,
and is reported in accordance with the 2014 CIM Definition Standards for Mineral Resources
and Mineral Reserves. Mr. Seibel is the Qualified Person for the estimate. The effective date of
the estimate is January 30, 2020, and the cut-off date for drill data is January 20, 2020.
The Kamoa-Kakula Project geological team also reported an update to the Mineral Resource
estimate for the Kakula Deposit. The Kakula Mineral Resources were estimated as of
November 10, 2018. On February 10, 2020, the inputs used in assessing reasonable
prospects of eventual extraction and the drill data inputs were reviewed to ensure the estimate
remained current. There are no changes to the estimate as a result of the review, and the
estimate has an effective date of February 10, 2020.
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About Ivanhoe Mines
Ivanhoe Mines is a Canadian mining company focused on advancing its three principal joint-
venture projects in Southern Africa: the development of major new mines at the Kamoa-Kakula
discoveries in the Democratic Republic of Congo (DRC) and at the Platreef palladium-
platinum-nickel-copper-rhodium-gold discovery in South Africa; and the extensive
redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also
in the DRC. Ivanhoe also is exploring for new copper discoveries on its wholly-owned Western
Foreland exploration licences in the DRC, near the Kamoa-Kakula Project.
Information contacts
Investors: Bill Trenaman +1.604.331.9834 / Media: Matthew Keevil +1.604. 558.1034