IVN:CA announced results from its Oyu Tolgoi Project in Mongolia. Assays highlights include 1.36 g/t gold, 0.34% copper over 112 metres (including 3.78 g/t gold, 0.64% copper over 20 metres) and 8.4 g/t gold, 0.66% copper over 6 metres.
Executive Chairman Robert Friedland commented, “To intercept almost one kilometre of copper and gold mineralization in a new drill hole is a remarkable development, considering that we already have drilled more than 1,650 holes totalling almost 900 kilometres at the project during the past 10 years. This hole is consistent with our long-held view that the Oyu Tolgoi mineralized system contains significantly more gold and copper than we have delineated to date under NI 43-101 standards.”
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by Ted Niles