Initial Program Testing Chargeability Anomaly Identified by Typhoon™ and Computational Geosciences' Inversion Software Typhoon™ Survey Near Ma'aden's Al Amar Gold-Copper-Zinc Mine Now Exceeds 155 km2 Ivanhoe Electric Inc. Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Melvin, are pleased to announce the commencement of drilling in Saudi Arabia by the Joint Venture [...]
Ivanhoe Electric Inc. Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce that the Company, through its wholly-owned subsidiary Mesa Cobre Holding Corporation , completed the final US$10 million payment to exercise its option to acquire 100% ownership of the mineral rights at the Santa Cruz Copper Project in Arizona. Following this transaction, Ivanhoe [...]
Ivanhoe Electric Inc. clarifies misleading certain media headlines speculating that Saudi Arabia Mining Company will sell Ivanhoe Electric shares under the recently filed Registration Statement. The Registration Statement was filed pursuant to an obligation in the Investor Rights Agreements entered into between Ivanhoe Electric and Ma'aden at the time of Ma'aden's initial investment in Ivanhoe Electric. The IRA was [...]
Infill Drilling Program at the Santa Cruz Copper Project is Substantially Complete, with 185 Development Drill Holes Totaling 133,000 Meters Completed Since the December 2022 Mineral Resource Estimate Current Drilling Focused on Hydrogeological Testwells to Support Preliminary Feasibility Study Recent Step-Out Drilling at the Verde Domain Identified Additional High-Grade Copper Intercepts Santa Cruz Copper Project [...]
Ivanhoe Electric Inc. Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Melvin, are pleased to announce its multi-year commitment for a $150,000 contribution to the Native American Mining and Energy Sovereignty Initiative , part of the Payne Institute for Public Policy at Colorado School of Mines , one of the world's foremost universities of mineral and energy engineering. NAMES serves [...]
The Alliance Will Focus Initially on Six Areas of Interest in the Southwest United States BHP to Contribute $15 Million of Exploration Capital over Initial Three-year Term Ivanhoe Electric will Provide Access to its New Generation Typhoon™ Geophysical Survey System and Computational Geosciences' Inversion Software Ivanhoe Electric will Operate the Alliance During the Exploration Phase, with any Joint Ventures Formed [...]
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 [...]
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