107th Sydney Mining Club Luncheon
Robert Friedland and
Ivanhoe's Next Chapter
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You may still be on holidays but forget the jackets and ties, and kick off the New Year in an expansive mood at an Ivanhoe showcase with Rio Tinto now entering into a strategic partnership to develop the Oyu Tolgoi copper-gold project in Mongolia's South Gobi region. In the New Year, Ivanhoe turns to Australia looking to float its Australian assets in the Cloncurry Belt. Robert Friedland will introduce us to 'a high level, well known former Australian company executive' as the new Ivanhoe Australia CEO.
Ivanhoe's Swann/Mt Elliott discovery has been somewhat over-shadowed in the news by other discoveries such as Carapateena, but not for long. This high-grade IOCG-type, breccia-hosted deposit has had dazzling early results such as 79 metres grading 1.45% copper and 0.99 g/t gold (a copper equivalent grade of 2.09% and 154 metres grading 0.81% copper and 0.49 g/t gold (a copper equivalent grade of 1.13%), starting from just 115 metres depth.
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In something of a homecoming for Ivanhoe's exploration head Doug Kirwin, the results were announced in March this year and work has been ongoing. Big thinking is being rolled out in the 1,450-square-kilometre Cloncurry Project which includes the former Australian Resource Limited assets at Selwyn. No moss growing on the Ivanhoe show which will roll on to the Melbourne Mining Club following the Sydney event. Probably a sell-out so book now.
Please also note we continue with our First Thursday of the month schedule with Wayne McCrae on February 1st! |
