Ivanhoe Australia Limited

Published : October 30th, 2009

Quarterly Report to 30 September 2009

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Keywords :   Australia | Molybdenum | Rhenium |

 
Q4 2008 Header
Ivanhoe Australia Ltd
Quarterly Report
3rd Quarter 2009

Key Achievements

  • Shallow drilling discovers bonanza grade mineralisation near proposed Merlin decline
  • Drilling down dip indicates Merlin still open to east end at depth
  • Canadian 43-101 Resource update nearing completion
  • Further strong molybdenite intersections and anomalies at both Lanham's Shaft and Cave Hill Prospects
Qtr Report Sunset

Summary

Drilling on the high-grade Merlin molybdenum (Mo) and rhenium (Re) deposit has revealed a number of new high-grade intercepts including an intersection of almost pure molybdenite mineralisation.

Recent drilling on the eastern flank of the Merlin mineralisation has extended the mineralised zone down dip to a depth of 500 metres below surface.

An updated Mineral Resource estimate will be released in the December quarter 2009, incorporating the results of the step-out drilling and infill drilling into the inferred resources. This will be 43-101 compliant (Canadian code) and this is required before completion of the Merlin scoping study.

Preliminary development project studies are being progressed including the tender process for an exploratory decline at the Merlin site.

 

Click Here to continue reading the entire Quarterly Report (PDF format)
 
Ref: IVA2009Q3R
 
ASX Stock Code: IVA
 
For more information regarding Ivanhoe Australia Ltd visit www.ivanhoeaustralia.com
 

 

||Ivanhoe Australia Ltd

|Tel:+61 3 9090 8800|Fax:+61 3 9090 8899|Cell:|

|EMAIL:Infoaustralia@Ivancorp.net|

 

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Ivanhoe Australia Limited

EXPLORATION STAGE
CODE : IVA.AX
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Ivanhoe Australia is a copper and gold exploration company based in Australia.

Ivanhoe Australia develops copper, gold, molybdenum and rhenium in Australia.

Its main asset in development is MERLIN in Australia and its main exploration property is CLONCURRY/ SWAN - MT ELLIOT in Australia.

Ivanhoe Australia is listed in Australia. Its market capitalisation is AU$ 90.0 millions as of today (US$ 82.1 millions, € 60.5 millions).

Its stock quote reached its highest recent level on December 04, 2009 at AU$ 4.24, and its lowest recent point on June 07, 2013 at AU$ 0.10.

Ivanhoe Australia has 418 410 103 shares outstanding.

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Nominations of Ivanhoe Australia Limited
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1/15/2013Announces Company Secretary Appointment
6/28/2011Appoints Jim Askew as an Independent Non-Executive Director
Financials of Ivanhoe Australia Limited
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12/8/2008High-Grade Molybdenum and Rhenium Discovery Confirmed by Iva...
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6/17/2013Name Changed to Inova Resources Limited
5/22/2013Proposed Company Name Change to Inova Resources Limited
4/23/2013Appoints Highly Experienced Geologist, Mark McGeough, as Gen...
4/11/2013Response to Media Article
3/19/2013Production Successfully Commenced at Starra 276 Underground ...
2/11/2013Revised Share Trading Policy
1/29/2013Pro-Rata Entitlement Issue Shortfall Placement
1/7/2013CORRECTION FROM SOURCE: Ivanhoe Australia Announces New Mana...
10/31/2012Quarterly Report for the Three Months Ending 30 September 20...
9/19/2012Upgrade to Mineral Resource; Over 60% Increase in Contained ...
8/31/2012Sale of Exco Limited Shares
8/23/2012Sale of Exco Resources Limited Shares
8/16/2012Strategic & Business Review Complete
7/30/2012Secures US$50 Million Working Capital Facility
6/26/2012First Phase of Strategic and Business Review
6/15/2012First Shipment of Concentrate From the Osborne Copper-Gold P...
6/8/2012Change of CEO
4/30/2012Significant Drilling Results at Ivanhoe Australia's Kulthor ...
4/12/2012Announces Board Changes
3/8/2012Achieves Producer Status
1/31/2012Accesses Very High Grade Little Wizard Molybdenum & Rhenium ...
1/19/2012Significant High-Grade Copper-Gold Intercepts in Resource De...
1/12/2012Receives $30.1 Million Distribution From Exco Resources' Ass...
10/28/2011Osborne Copper Gold Project on Track to Advance Ivanhoe Aust...
10/13/2011Completes Acquisition of 80% Interest in Exco Joint Venture ...
10/5/2011Foreign Investment Review Board Approval for Ivanhoe Mines t...
9/16/2011to Raise Up to A$150 Million Net Proceeds
4/20/2011Clarifies its Position on Exco Resources Limited's Market Re...
10/30/2009Quarterly Report to 30 September 2009
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