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Article: IVANHOE AUSTRALIA SAYS IT IS TOP SOURCE OF MOLYBDENUM, RHENIUM.
- Article from:
- AsiaPulse News
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. 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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PERTH, Nov 9 Asia Pulse - Ivanhoe Australia Ltd (ASX:IVA) says a resource estimate for its Merlin project in north-west Queensland confirms it is the world's highest-grade combined source of molybdenum and rhenium.
Its Vancouver-based parent company Ivanhoe Mines Ltd has released an independent resource estimate for the project that complies with Canada's mineral resource classification code, NI 43-101.
The resource estimate, when converted to Australia's mineral reporting code JORC, stands at 16 million tonnes at 0.6 per cent molybdenum, 10 grams per ...