Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

IVN.TO ·

Kakula underground mine development has reached the edge of the high-grade ore as mining advances toward zones in excess of 8% copper Mine surpasses 16 million hours, or more than 7.5 years, worked without a lost-time injury

Drill Results Mine Development & Operations

September 8, 2019

Kakula underground mine development has reached the edge

of the high-grade ore as mining advances toward zones in excess

of 8% copper

Mine surpasses 16 million hours, or more than 7.5 years,

worked without a lost-time injury

Mine and processing plant construction progressing well

– on track for first copper concentrate production in Q3 2021

KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Robert Friedland and Yufeng “Miles”

Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) are pleased to report that

underground development at the Kakula Copper Mine now has reached the high-grade

ore within the deposit.

The advancement of the first connecting underground drift, designed to tunnel through

the centre of the high-grade orebody and open up the mine’s initial mineral reserves,

has reached the edge of the high-grade ore. Grades of approximately 4% copper have

been returned from sampling, and grades are expected to significantly increase as the

development crews advance the drifts toward the deposit’s central mining zones that

are in excess of 8% copper.

“This intersection marks a significant milestone in the context of our exploration and

development efforts at Kamoa-Kakula that began more than 13 years ago,” said David

Edwards, Geology Manager, Kamoa-Kakula Copper Project. “Now that you can see and

touch Kakula’s high-grade copper ore, it really hits home that we are well underway

toward building the first of multiple high-grade copper mines in the area.”

The Kakula connection drift is being developed to rapidly gain access to the highest

grades in the centre of the deposit, and also connect with the Kakula South ventilation

decline to increase the air flow to the underground working areas in the large-scale

mechanized Kakula mining operation, allowing for more development and production

mining crews.

The copper grades in the underground connection drift have been steadily increasing

as the development approaches Kakula’s siltstone unit (fine-grained sedimentary

rocks). The siltstone at Kakula is instrumental in the formation of the highest copper

grades and is key to the bottom-loaded nature of copper mineralization in the deposit.

The thick, ultra-high-grade mining zones in the centre of the Kakula Deposit, with

2

grades greater than 8% copper, are expected to be intersected in the second half of

2020 (see figures 1 and 2).

Mine geologist Micheline Kyenge examining the initial high-grade copper ore

intersected by underground tunneling at the Kakula Mine. Copper mineralization

at the mining face is predominantly bornite (63% copper by weight) and

chalcocite (nearly 80% copper by weight).

The high-grade ore is being stored on a dedicated run-of-mine stockpile on surface near

the planned processing plant to ensure that there is plenty of ore to feed the processing

plant during commissioning and ramp up.

The project currently is on schedule to produce first copper concentrate in Q3 2021,

with the construction of the Kakula Mine continuing at a rapid pace. Underground

development is being performed by mining crews operating large-capacity, semi-

autonomous mining equipment, such as jumbo drilling rigs, load haul dumpers and 50-

tonne trucks.

3

Figure 1: The 13.3-kilometre-long Kakula Deposit showing the first five years of

underground development and production focused on the pink area containing

copper grades greater than 8% copper. Zoomed-in area is shown in Figure 2.

Figure 2: The first tunnel (blue) to reach the high-grade Kakula orebody (brown)

with copper grades between 3% and 8%. The tunnels will advance toward the

ultra-high-grade copper zone (pink) with copper grades greater than 8%.

4

Note: The contours in Figure 2 represent the copper grade for the initial development drives, which will

follow the bottom contact of the Kakula resource. These grades have not taken into consideration

expected dilution and ore loss. As the copper grade is generally richer at the base of the Kakula

resource, these contours show higher grades than the overall resource grade.

The grade calculations for Figure 2 are based on a six-metre thickness and 3% copper cut-off grade for

the proposed bottom cut for the cut-and-fill areas of the resource and on a 4.5-metre thickness and 2%

copper cut-off grade for the proposed room-and-pillar areas of the resource.

Figure 3: Projected increasing copper grades across the initial orebody crossing,

from hole DD1039 progressing through to hole DD1026, highlighted by the high-

grade footwall loading in the siltstone unit above the sandstone contact.

5

Copper-rich bornite and chalcocite mineralization at the face of the underground

connection drift at the Kakula Mine.

Project construction progressing well – on track for first concentrate

in Q3 2021

Work on the decline rock handling system that will be used to transport copper ore from

Kakula’s underground workings to the surface processing plant is progressing very

well. The concrete foundations for the head end of the conveyor belt have been

completed and work on the portal electrical substation is nearing completion. The

expected date for the first ore to surface using the decline conveyor system is March

2020.

Construction of the permanent underground dewatering system is well advanced with

the initial water storage dam and pumping station complete. The excavation for the

main decline’s bottom water storage dam has been completed and work is underway on

the second pumping system.

Ventilation shaft number 1 will be commissioned shortly and work on ventilation shafts

2 and 3 has started. The vertical, 5.5-metre diameter shafts will supply fresh air from

surface to the northern side of the underground Kakula orebody and allow the mine to

double its underground mining crews to six. More than 5,000 metres of underground

development has been completed to date, which is consistent with the schedule laid out

in the February 2019 Kakula pre-feasibility study.

6

Basic engineering design and costing for the underground mine at Kakula recently has

been completed. Detailed design is ongoing and the bulk of the procurement packages

are scheduled to be placed by the end of 2019.

Engineering design, procurement and construction for the processing plant is fully

underway. Orders for all of the long-lead items have been placed, including the ball

mills, crushers, high-pressure grinding rolls, flotation cells, re-grind mills, thickeners

and concentrate filter. Surface earthworks and terracing for the concentrator and

surface infrastructure is well advanced, and the civil contract for the processing plant

now has been signed. The tender for the structural, mechanical, piping and plate-work

erection contract has been issued.

Energizing of the permanent 220-kilovolt overhead hydropower lines to the substation

is expected by the end of 2020, well in advance of plant commissioning.

Construction of the new highway connecting the Kakula Mine with Kolwezi airport is

more than 50% complete and remains on schedule to be fully operational by the end of

this year. Once completed, the new highway will provide Kamoa-Kakula with important

new transportation connections for the import of construction materials and export of

copper concentrates. The Kakula permanent village construction also is progressing to

plan with some accommodation units ready for occupation.

View of Kakula’s permanent village under construction, with the Kakula’s main

box cut/portal and twin declines (in red) illustrated in Figure 2, and processing

plant under construction (in yellow).

7

Kakula’s main box cut/portal and northern declines, the conveyor belt transfer

foundations and portal electrical substation.

8

Installing high-capacity fans at Kakula’s 5.5-metre-diameter ventilation shaft 1

that will supply fresh air from surface to the northern side of the underground

Kakula orebody.

Kamoa-Kakula’s mine development team and geologists celebrating another

impressive safety milestone. Ivanhoe Mines is very proud of the team’s safety

record that now exceeds 7.5 years with zero lost-time injuries.