Ivanhoe eyes Q3 maiden resource estimate for major DRC copper discovery

TSX-listed Ivanhoe Mines is preparing to embark on a preliminary economic assessment for its “game-changing” Kakula discovery as soon as it receives an initial, independent mineral resource estimate at the end of the third quarter of 2016. The latest drilling results from the deposit within the Kamoa copper project, in the Democratic Republic of Congo, indicate the significance of the copper discovery, which Ivanhoe described as substantially “richer, thicker and more consistent” than other known mineralisation elsewhere on the project.