Initial 76 km2 Typhoon™ Survey on the Umm Ash Shalahib Exploration License Surrounding Ma'aden's Al Amar Gold-Copper-Zinc Mine is Complete Computational Geosciences Rapidly Processed the Initial Typhoon™ Results and Identified Two High Priority Anomalies for Drill Testing Construction and Delivery of the First of Three New Generation Typhoon™ Units Ordered by the Joint Venture is Complete Next Stage [...]
Ivanhoe Electric President and Chief Executive Officer Taylor Melvin is pleased to announce that Lara Sims will join the Company as the Vice President, Health and Safety commencing April 8th, 2024. Ms. Sims is an experienced leader with over 20 years in the mining industry developing and managing Health and Safety strategies for several large-scale mining operations across the United States. Ms. Sims specializes in Health [...]
Drill Hole HHD-014 Intersects 82 Meters Containing 0.63% Copper, 0.32 g/t Gold and 37.8 g/t Silver from 568 Meters High-Grade Vein Zone Includes 3.95 Meters Containing 5.78% Copper, 2.2 g/t Gold and 264.7 g/t Silver Mineralization in Drill Hole HHD-014 Intersected over 500 Meters West of Flathead Mine, and Remains Open in Several Directions Drilling To Date Demonstrated the High-Sulfidation Epithermal Mineralization has a [...]
Joint Venture Partner Sama Resources Announced a New Preliminary Economic Assessment for the Project Delivering a Pre-tax NPV8 of US$463M and a Pre-tax IRR of 28.2%, with an Estimated Initial Capital Cost of US$338M The Project has the Potential for a 16-Year Mine Life Producing a Conventional 26% Copper Concentrate and a 13% Nickel Concentrate, with Associated Platinum, Palladium and Cobalt By-Products [...]
Recent Advancements in CGI's Machine Learning-based Software Improve Quality and Speed of Typhoon™ Data Processing Updated Interpretation of Typhoon™ Survey Data at Tintic Resulted in Refined Drill Targets Ivanhoe Electric and CGI Are Utilizing the Latest Software in Recent U.S. Surveys and in the Company's Saudi Arabian Exploration Joint Venture with Ma'aden Ivanhoe Electric Inc. and its subsidiary [...]
Recent Drilling at the Santa Cruz Project in Arizona Confirms Continuity of High-Grade Copper Mineralization within the Verde Domain Drilling at Tintic Intersects Widespread Porphyry-Style Sulfide Mineralization at Sunbeam Exploration Area Step-Out Drilling at Hog Heaven Extends Mineralization 150 Meters to the West of Nearest Drilling Results of TyphoonTM Geophysical Survey at Hog Heaven Guiding Future Drilling Plans [...]
Exploration Drill Hole HHD-007 Intersects 348 Meters Containing 0.43 g/t Gold, 40.48 g/t Silver, 0.22% Lead, and 0.12% Zinc, from 141 to 489 Meters High-Grade Vein Within HHD-007 Returns One Meter Containing 2,180 g/t Silver, 5.16 g/t Gold, 6.00% Lead, 6.14% Zinc and 0.63% Copper from 147.8 to 148.8 Meters Results of Ongoing Exploration Drilling Provide Further Evidence for the Existence of a Porphyry Deposit Hog Heaven [...]
Three Chargeability Anomalies have been Identified by TyphoonTM on the Umm Ash Shalahib Exploration License to the South of Ma'aden's Al Amar Gold-Copper-Zinc Mine The Umm Ash Shalahib Typhoon Survey Will Eventually Cover more than 65 km2 and is Approximately 30% Complete Ma'aden and Ivanhoe Electric Formed Their 50/50 Joint Venture in 2023 to Explore for Copper, Gold, Silver and other Electric Metals on over ~48,500 km2 [...]
37 Drill Holes Totaling 25,176 Meters of Development Drilling Completed Since Release of the September 2023 Initial Assessment Ongoing Technical Work is Advancing to Support a Preliminary Feasibility Study Expected to be Completed by the End of Q2 2025 Recent Infill Drilling Has Delineated a High-Grade Oxide Copper Domain at Santa Cruz; Drill Hole SCC-125 Intersected 66 Meters at 2.85% Total Copper 14 Drill Holes Totaling [...]
As the Exclusive Technology Sponsor for the Future Minerals Forum, Ivanhoe Electric will have its Powerful Typhoon™ Geophysical Surveying System on Display Ivanhoe Electric Inc. is pleased to announce that Mr. Robert Friedland, Executive Chairman of Ivanhoe Electric Inc., will deliver a keynote presentation at the Future Minerals Forum titled "The Kingdom of Saudi Arabia...Mining with a Greater Purpose and Powering [...]
Ma'aden and Ivanhoe Electric Formed a 50/50 Joint Venture Earlier this Year to Explore for Copper, Gold, Silver and other Electric Metals over ~48,500 km2 of Underexplored Arabian Shield Current Exploration Activities are Focused on the Al Amar Exploration Licenses Around Ma'aden's Al Amar Mine The Joint Venture's First TyphoonTM Survey is Underway at Al Amar Subsequent Exploration Efforts in 2024 and 2025 will Target the [...]
Ma'aden's Additional Funding Increases the Total Size of the Recent Equity Offering to Approximately $204 Million Ivanhoe Electric Executive Chairman, Robert Friedland and President and Chief Executive Officer, Taylor Melvin are pleased to announce that Ma'aden, the Company's Joint Venture partner in Saudi Arabia and a 9.9% shareholder, has formally subscribed under its top-up right, as described in the Joint Venture [...]
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