Canadaian Ivanhoe Mines updates technical report for copper mine in Congo DRC

Ivanhoe Mines has announced that, further to its news release of February 6, 2019, the company has filed an updated National Instrument 43-101 (NI 43-101) technical report covering the independent pre-feasibility studies for the development of the Kakula and Kansoko copper mines at the Kamoa-Kakula Project in the Democratic Republic of Congo (DRC).

The technical report also includes an updated, expanded preliminary economic assessment for the overall integrated development plan for the Kamoa-Kakula Project.

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 NI 43-101 technical report was independently prepared by OreWin Pty Ltd. of Adelaide, Australia; Amec Foster Wheeler E&C Services Inc. (a division of Wood PLC) of Reno, USA; SRK Consulting Inc. of Johannesburg, South Africa; KGHM Cuprum R&D Centre Ltd. of Wroclaw, Poland; Stantec Consulting International LLC of Arizona, USA; DRA Global of Johannesburg, South Africa; Golders Associates of Vancouver, Canada and Johannesburg, South Africa; and Epoch Resources (Pty) Ltd. of Johannesburg, South Africa.

The report – titled Kamoa-Kakula Integrated Development Plan 2019 – has been filed on the SEDAR website at www.sedar.com and on the Ivanhoe Mines website at www.ivanhoemines.com.

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