other material
confidence high
sentiment positive
materiality 0.75
Ivanhoe Electric reports copper discovery at Saudi JV with Ma'aden; assays up to 1.31% Cu over 13.1m
Ivanhoe Electric Inc.
- Hole UAD-005: 13.1m @ 1.31% Cu and 4.5 g/t Ag from 717.9m depth.
- Hole UAD-006: 5.9m @ 0.79% Cu and 1.9 g/t Ag from 374.5m.
- Discovery confirmed via Typhoon geophysical system; anomaly extends 1.8 km strike and exceeds 1,000m depth.
- Three Typhoon units active in Saudi Arabia; 2025 exploration to expand to Al Amar, Wadi Bidah, Bir Umq areas.
- Total 5,490m drilled in eight holes; three holes intersected copper mineralization.