Ivanhoe and Zijin announce more high-grade copper results at the Kakula Discovery

Canada’s Ivanhoe Mines announced results from another sixteen holes of the ongoing 2016 drilling campaign at the Kakula Discovery on the company's Tier One Kamoa Copper Project -a joint venture with China’s Zijin Mining- near Kolwezi, in the Democratic Republic of Congo.

According to Ivanhoe, the latest results reinforce the exceptional grades and shallow, flat-lying geometry of the Kakula mineralized zone.

“The consistent, bottom-loaded nature of Kakula mineralization supports the creation of selective mineralized zones at cut-offs of between 1.0% and 3.0% copper, and potentially higher,” the company announced in a press release.

In detail, the Kakula copper mineralization displays vertical mineral zonation from chalcopyrite (approximately 35% copper) to bornite (approximately 63% copper) to chalcocite (approximately 80% copper), with the highest copper grades associated with the siltstone unit consistently characterized by chalcocite-dominant mineralization.

Ivanhoe has said that development at Kamoa is progressing ahead of plan. The area is thought to hold the world's largest undeveloped high-grade copper discovery.