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Article: New independent resource estimate increases size of Hugo Dummett deposit in Mongolia's South Gobi to 1.36 billion tonnes at 1.04% copper and 0.15 g/t gold.
- Article from:
- PR Newswire
- Article date:
- November 10, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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INFERRED RESOURCE AT HUGO DEPOSIT NOW CONTAINS 14.14 MILLION TONNES OF COPPER AND 6.43 MILLION OUNCES OF GOLD, AN INCREASE OF 4 MILLION TONNES OF COPPER AND 3 MILLION OUNCES OF GOLD IN 10 WEEKS. & HUGO HIGH-GRADE CORE DOUBLED IN SIZE FOR SECOND TIME THIS YEAR, TO 149 MILLION TONNES AT 2.88% COPPER AND 0.53 g/t GOLD.
Ivanhoe Mines' Chairman Robert Friedland and Executive Vice-President, Exploration, Douglas Kirwin announced today that a new, independent estimate prepared by AMEC E&C Services (AMEC) of Canada, indicates that the Hugo Dummett Deposit now has inferred resources of 1.36 billion tonnes grading 1.04% copper and 0.15 g/t gold, at a 0.40% copper ...