AMN - DRC: NI 43-101 report released for Kipushi

Ivanhoe Mines has filed an NI 43-101 technical report on the new, independent, Mineral Resource estimate for the company’s historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. Kipushi is a joint venture between Ivanhoe Mines (68%) and Gécamines (32%), the Democratic Republic of Congo’s state-owned mining company.

The new Mineral Resource estimate was prepared in accordance with the 2014 CIM definition standards. Titled Kipushi Project Mineral Resource Estimate, January 2016, it has been filed on www.sedar.com.

The Kipushi project, in the DRC's province of Haut-Katanga and southeast of the company's Kamoa discovery, is adjacent to the town of Kipushi and approximately 30 km southwest of the provincial capital of Lubumbashi. Ivanhoe Mines acquired its 68% interest in Kipushi in November 2011.

The project is based on the high-grade, underground zinc-copper mine in the Central African Copperbelt, which mined some 60 million tonnes grading 11% zinc and 7% copper between 1924 and 1993. In addition to producing copper and zinc, the mine produced 12,673 tonnes of lead and approximately 278 tonnes of germanium between 1956 and 1978. The mine had been managed on a care and maintenance basis since 1993.

www.ivanhoemines.com

News courtesy of International Mining