Ivanhoe Mines Ltd (IVPAF)

[tootalljones]

As I look at the entire 40 some holes we have results on, it looks like the grades could be twice as rich as Kamoa itself:

from the NR today: "Kamoa is the world's largest, undeveloped, high-grade copper deposit. On February 23, 2016, an updated Mineral Resource estimate was issued for the Kamoa Project. Kamoa's Indicated Mineral Resources presently total 752 million tonnes grading 2.67% copper and containing 44.3 billion pounds of copper at a 1.0% copper cut-off grade and minimum thickness of three metres. In addition to the Indicated Resources, the updated estimate included Inferred Mineral Resources of 185 million tonnes grading 2.08% copper and containing 8.5 billion pounds of copper, also at a 1.0% copper cut-off grade and a minimum thickness of three metres."

and Friedland has made the point that Kakula is very easy to mine, and very pure in content, with a .02% arsenic level, making it the premium product in copper, and needed by the argentine producers due to the low grade/impure stuff they are laboring to produce......

We will get the initial resource in a couple of weeks, early october! It should be exciting.