CANADA - Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced today that the company has filed an updated National Instrument 43-101 (NI 43-101) technical report covering the Kamoa-Kakula Integrated Development Plan 2020 (Kamoa-Kakula IDP20).
The updated NI 43-101 technical report includes the independent definitive feasibility study for the development of the Kakula Copper Mine; together with an updated pre-feasibility study that includes ore mined from the nearby Kansoko Copper Mine in addition to ore mined from Kakula and an updated, expanded preliminary economic assessment for the overall development plan of all the copper discoveries made to date at the Kamoa-Kakula Project in the Democratic Republic of Congo.
The Kamoa-Kakula Copper Project is a joint venture between Ivanhoe Mines, Zijin Mining Group, Crystal River Global Limited and the DRC government.
The updated NI 43-101 technical report was independently prepared on a 100%-basis by OreWin Pty Ltd. of Adelaide, Australia; China Nerin Engineering Co., Ltd., of Jiangxi, China; DRA Global of Johannesburg, South Africa; Epoch Resources of Johannesburg, South Africa; Golder Associates Africa of Midrand, South Africa; KGHM Cuprum R&D Centre Ltd. of Wroclaw, Poland; Outotec Oyj of Helsinki, Finland; Paterson and Cooke of Cape Town, South Africa; Stantec Consulting International LLC of Phoenix, USA; SRK Consulting Inc. of Johannesburg, South Africa and Wood plc of Reno, USA.
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