May 17, 2017: Kakula’s new estimate boosts combined Kamoa-Kakula Indicated Mineral Resources to approximately ONE BILLION tonnes at 3.02% copper, plus another 191 million tonnes of Inferred Resources at 2.37% copper, at a 1.4% cut-off.
Ivanplats to begin early-works construction for Shaft 2 at the Platreef Mine
April 12, 2017 – Shaft 2 will be located approximately 100 metres northeast of Shaft 1, where permanent sinking has been underway since July 2016. Shaft 2, with an internal diameter of 10 metres, will be sunk to a planned, final depth of more than 1,100 metres below surface and will capable of hoisting a total of six million tonnes of ore per year.
Two new step-out holes at Kakula West extend length of copper-rich mineralized system at Kakula by another 800 metres to a total of approximately 11 kilometres
April 10, 2017 – Two new step-out holes at Kakula West – DD1138 and DD1144, drilled 400 and 800 metres respectively west of hole DD1124 and along the strike of the mineralized trend – also have intersected relatively shallow, Kakula-style, chalcocite-rich copper mineralization. The holes have further extended the overall length of the known copper-rich mineralized system at Kakula to a total of approximately 11 kilometres.
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