Ivanhoe and Zijin announce more high-grade copper results at the Kakula Discovery

By Mining.com / September 24, 2016 / www.mining.com / Article Link

Canada's Ivanhoe Mines announced results from another sixteen holes of the ongoing 2016 drilling campaign at the Kakula Discovery on the company's Tier One Kamoa Copper Project -a joint venture with China's Zijin Mining- near Kolwezi, in the Democratic Republic of Congo.

According to Ivanhoe, the latest results reinforce the exceptional grades and shallow, flat-lying geometry of the Kakula mineralized zone.

"The consistent, bottom-loaded nature of Kakula mineralization supports the creation of selective mineralized zones at cut-offs of between 1.0% and 3.0% copper, and potentially higher," the company announced in a press release.

In detail, the Kakula copper mineralization displays vertical mineral zonation from chalcopyrite (approximately 35% copper) to bornite (approximately 63% copper) to chalcocite (approximately 80% copper), with the highest copper grades associated with the siltstone unit consistently characterized by chalcocite-dominant mineralization.

Ivanhoe has said that development at Kamoa is progressing ahead of plan. The area is thought to hold the world's largest undeveloped high-grade copper discovery.

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