(Kitco News) - Copper producer Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) today announced the independently verified, maiden mineral resource estimates for the high-grade Makoko and Kiala deposits within Ivanhoe’s Western Foreland exploration project in the Democratic Republic of Congo (DRC). The company said that Makoko contains indicated mineral resource of 16 million tonnes at 3.55% copper plus inferred mineral resource of 154 million tonnes at 1.97% copper using a 1.
5% copper cut-off, adding that Kiala contains indicated mineral resource of 5 million tonnes at 3.56% copper using a 1.5% copper cut-off. Importantly, according to Ivanhoe, Makoko ranks as the world’s third-largest and highest-grade copper discovery since Kakula in 2016. “Makoko and Kiala are two distinct discoveries adjacent to the Kamoa-Kakula copper complex and continue Ivanhoe’s distinguished track record of making greenfield discoveries in this uniquely endowed geological terrain,” the company said in a statemen
Ivanhoe Mines Copper Mineral Resource Makoko Kiala Democratic Republic Of Congo
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Ivanhoe Mines announces maiden mineral resource estimates for Makoko and Kiala depositsCopper producer Ivanhoe Mines has announced the maiden mineral resource estimates for the Makoko and Kiala deposits in the Democratic Republic of Congo. Makoko is ranked as the world's third-largest and highest-grade copper discovery since 2016.
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