Ivanhoe Electric starts diamond drilling at Tintic Copper-Gold Project in Utah

Ivanhoe Electric Inc.

Drilling commenced at Tintic project in Mammoth, Utah, after consolidating 16,000 acres (65 km²) through multiple land deals.
Geological setting compared to Rio Tinto's Bingham Canyon mine; Tintic lies 40 miles south on a parallel trend.
Historic production from over 30 mines on property includes 1.9M oz gold, 136M oz silver, 105K tonnes copper.
Proprietary Typhoon TM IP surveying used to identify large anomalies; more extensive drilling planned for spring 2023.
Drill rig encountered mechanical issues after collaring first hole; operations expected to resume shortly.

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