by Ina King (Potgieter)
Additional, exceptionally high-grade silver, zinc and copper drill intercepts have been reported in the third batch of assay results from Canadian-listed Ivanhoe Mines’ Kipushi copper, zinc, germanium, lead and precious metals mine in the Democratic Republic of Congo (DRC). These findings were made public at the end of November 2014, subsequent to the mine completing 62 drill holes totalling approximately 12 000 metres of its planned 20 000 metre underground diamond drilling programme.
The new results include those from the first hole drilled through the historical Big Zinc zone, which uncovered high grades of base and precious metals mineralisation.
“Although Kipushi was one of Africa's richest copper and zinc mines,” commented Robert Friedland, Executive Chairman of Ivanhoe Mines, “the records from its first 68 years as a producing mine did not mention the actual production of precious metals. Now, our discovery of high-grade copper-zinc-silver mineralisation with significant gold and germanium values within the Big Zinc zone confirms our hypothesis that copper zones, which also are rich in precious metals, exist within the deep, unmined portions of the Kipushi Mine. These zones now present new and compelling targets for our ongoing exploration.”
Progress on these developments, as well as key contact details, are regularly updated on the Africa Mining IQ intelligence portal. Companies subscribing to Africa Mining IQ’s e-mail alerts will be among the first to know about new developments, completed expansions and definitive production expectations, when they are announced.
Potential to expand
New intersections show potential to expand the southern limit of the historical Big Zinc resource. The new assay results include intersections from the Nord Riche (North Rich) and Série Récurrente (Recurring Series) zones. A compilation of Ivanhoe's drill results to date indicates that the Série Récurrente zone forms a westerly-plunging shoot of high-grade copper-rich massive sulphide that is open up-plunge, and requires more drilling to define its down-plunge extent.
“These latest assay results demonstrate the world-class grades and untapped potential of the Kipushi deposit," Friedland added. "Our enduring exploration drilling will continue to test for extensions to the Big Zinc and the newly discovered high-grade precious metals mineralisation.”
All investment opportunities for this mining project, and many others, are available for viewing on Africa Mining IQ. Africa Mining IQ organises projects in terms grassroots, pre-feasibility, feasibility, bankable, active and operational phases. Mining projects in the DRC include projects for 48 copper, 15 gold, 13 industrial, 7 diamond, 2 zinc and 1 nickel.
Deep drilling planned
Two diamond-drill rigs continue to complete confirmatory drilling of the Big Zinc zone and deep drilling is planned to test for depth extensions to the Big Zinc zone, including the recently discovered precious metals-rich high-grade copper-zinc zone.
"We are delighted by our discovery of a significant zone of high-grade copper, germanium and precious metals within the Big Zinc. We will continue drilling to delineate and explore this remarkable mineral discovery,” said Lars-Eric Johansson, Ivanhoe Mine’s Chief Executive Officer.
"At current spot prices the germanium and silver grades have the potential to significantly add to the overall metal value at Kipushi," Johansson added. "The Big Zinc is sulphur rich, which also represents a potentially significant value addition given the scarcity of primary sulphur supply in the Copperbelt region, and the demand for acid in conventional in-country oxide recovery circuits.”
With over 1 850 projects in Africa currently listed on its online database, The Africa Mining IQ database covers extensive listings on Africa's prominent minerals. These projects include 710 gold, 146 coal, 131 uranium, 117 diamond, 98 platinum and 83 iron ore. A subscription to Africa Mining IQ provides members with the ability to track, target and record these mining projects with accurate, holistic information that is updated daily and accessible 24/7, 365 days a year.
AMIQ tracks over 1 900 projects across Africa. If you want to invest in mining, if you want to invest in Africa, if you provide product or services to mines in Africa, you need AMIQ intel.
Africa Mining IQ has created various analysis reports to provide you with an overview of mining projects in Africa by region, mineral type, and plant type. You can use these reports to analyse growth potential in developing commodity markets and better strategically plan your business development efforts. Africa Mining IQ provides a complete project report for each of the over 1 900 African projects we track, including everything from historical and up to the minute commentaries to contact details for suppliers, engineers and mine owners.
AMIQ has 170 company subscriptions, 20% of which are international. It is becoming easier to do business across the globe. AMIQ is for anyone who supplies a product or provides a service to mines. With key contact details, and being in the know in the early stages of project development, you can build meaningful relationships with the right people and position yourself early for a successful bid for mining projects in Africa. Keep a close eye on developing projects aligned to your business and identify projects, with weekly or monthly alerts. Don’t delay, subscribe to AMIQ today and reap the rewards of comprehensive African mining project intelligence.
Contact Africa Mining IQ today on +27 11 830 2132 to target business opportunities in Africa's growing mining industry!
+ Quick Links
Chrome Mining in South Africa
Coal Mines in South Africa
Coal Mining in South Africa
Diamond Mining in South Africa
Gold Mining in South Africa
Impala Platinum Mines
Kumba Iron Ore
List of South African Mines
Mines for Sale in South Africa
Mines in South Africa
Mining Activity in South Africa
Mining Industry in South Africa
Mining in Limpopo
Mining in Mpumalanga
Mining in South Africa
Platinum Mining in South Africa
South African Mines Contact Details
South African Mines Directory
Mining in Southern Africa
Mining Business Opportunities in SA
Mining Opportunities in South Africa
Mines in South Africa
Mining in Limpopo
Mining in Mpumalanga
Copper Mining in Zambia
Copper Mining in Africa
Anglo American coal mines South Africa
Biggest mining companies in Africa
Coal Mining Companies in South Africa
Chrome Mining Companies in South Africa
Mining Companies in Angola
Mining Companies in DRC
Mining Companies in Gauteng
Mining Companies in Ghana
Mining Companies in Johannesburg
Mining Companies in Mpumalanga
Mining Companies in Rustenburg
Mining Companies in South Africa
Mining Companies in Zambia
Mining IQ Xstrata Mines
New Mining Companies
Smallest Mining Companies in Africa
Top Mining Companies in Africa