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Ivanhoe confirms Kamoa’s high-grade Kakula extension, decline progress ahead of plan

The first six holes drilled by Africa-focused project developer Ivanhoe Mines has confirmed and expanded a thick, flat-lying, bottom-loaded zone of high-grade copper mineralisation at the southern part of the Kakula discovery of the Kamoa copper project, in the Democratic Republic of Congo.
Ivanhoe’s TSX-listed stock gained more than 7% on Monday on the back of the positive exploration news.