Ivanhoe Mines Ltd (IVPAF)

[JB3729]

That was great news put out by Ivanhoe yesterday. I don't see the news on their website though. Here is the full PR -

Ivanhoe Mines Announces Drilling Results From Kakula Discovery- Drills 8.75 Metres of 9.84% Copper and 18.78 Metres of 5.32% Copper

"The consistent frequency of thick intersections of exceptionally-high-grade copper mineralization from both infill and step-out drill holes enhances our absolute confidence that Kakula is a game-changing discovery for the Kamoa Project," Mr. Friedland said.

Earlier metallurgical testwork indicated that the Kamoa concentrates contain extremely low arsenic levels, by world standards: approximately 0.02%. Given this critical, competitive marketing advantage, Kamoa's concentrates are expected to attract a significant premium from copper-concentrate traders for use in blending with concentrates from other mines. The Kamoa concentrates will help to enable high-arsenic concentrates from mines in Chile and elsewhere to meet the limit of 0.5% arsenic imposed by Chinese smelters to meet China's new environmental restrictions.

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/397-tsx/ivn/23884-ivanhoe-mines-announces-drilling-results-from-the-kakula-discovery-drills-8-75-metres-of-9-84-copper-and-18-78-metres-of-5-32-copper.html