Ivanhoe Mines files NI 43-101 technical report on the Preliminary Economic Assessment for the Kakula Copper Discovery in the Democratic Republic of Congo

January 27, 2017

Ivanhoe Mines files NI 43-101 technical report

on the Preliminary Economic Assessment for the Kakula Copper Discovery

in the Democratic Republic of Congo

VANCOUVER, CANADA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced today that, further to

its news release dated December 13, 2016, the company has filed a National Instrument 43-101 (NI 43-

101) technical report on the Preliminary Economic Assessment (PEA) for the high-grade Kakula Copper

Discovery at the Kamoa-Kakula Project in the Democratic Republic of Congo (DRC). The Kamoa-

Kakula Project is a joint venture between Ivanhoe Mines, Zijin Mining and the DRC government.

The independent NI 43-101 technical report for the Kakula PEA was prepared by OreWin Pty Ltd.,

Amec Foster Wheeler E&C Services Inc. and SRK Consulting (South Africa) (Pty) Ltd. The report –

titled Kakula 2016 Preliminary Economic Assessment – has been filed on the SEDAR website at

www.sedar.com and on the Ivanhoe Mines website at www.ivanhoemines.com.

Information contacts

Investors

Bill Trenaman +1.604.331.9834

Media

North America: Bob Williamson +1.604.512.4856

South Africa: Jeremy Michaels +27.82.939.4812

Website www.ivanhoemines.com