Ivanhoe Mines Reports Additional High-Grade Zinc, Copper, Silver and Germanium Drill Results From Ongoing Exploration Program at the Kipushi Mine in the Democratic Republic of Congo - Seite 3

Nord Riche zone tested with holes KPU073 and KPU074

Two holes recently have been drilled into the area where the Série Récurrente zone intersects the Kipushi Fault Zone, historically referred to as the Nord Riche (North Rich) zone. Ivanhoe's holes KPU073 and KPU074 targeted down-plunge extensions of this zone below the level of historical mining. Zones of disseminated and massive sulphides were intersected in both holes, and assay results are pending.

KPU073, drilled at -17 degrees to KPU057, intersected a zone of disseminated sulphide mineralization in dolomite between 69.52 and 91.18 metres with massive chalcopyrite between 69.52 and 69.97 metres, between 70.33 and 72.45 metres and between 89.53 and 91.18 metres.

KPU074, drilled at -30 degrees to KPU057, intersected a zone of mixed massive sulphide (chalcopyrite and sphalerite) and dolomite between 73.77 and 94.00 metres with mixed massive sulphide between 73.77 and 77.15 metres, 79.7 and 81.60 metres, 83.00 and 84.17 metres, 84.80 and 86.40 metres and 91.54 to 94.00 metres.

KPU073 and KPU074 are shown in Figure 7 and a photograph of the KPU074 intersection is shown in Figure 8.

Ivanhoe cautions that the presence of mineralization observed in the three holes - KPU072, KPU073 and KPU074 - is presented to confirm only the presence of mineralization similar in style to that observed in other holes drilled to date both in the Big Zinc and Fault zones. Assays for copper, zinc, lead, germanium and precious metals for these holes are pending.

Ivanhoe now has completed 75 holes, totalling approximately 14,900 metres of its planned 20,000-metre underground diamond drilling program. Assays for holes one through 64 now have been released, while assays for holes 65 through 75 are pending. Two diamond-drill rigs continue to complete exploration and confirmatory drilling of the Big Zinc, Nord Riche and Série Récurrente zones from the hanging-wall drill drift on the 1,272-metre level.

Figure 1: Schematic Kipushi cross-section showing mine infrastructure, the Big Zinc and Kipushi Fault zones, and the new discovery area below the Big Zinc.

Figure 2: Plan of the 1,272-metre level with drill sections, showing schematically the location of the mineralized zones and infrastructure in the Cascades side of the mine. The Big Zinc zone is interpreted to plunge steeply to the south.