Ivanhoe Electric reports 'significant' resource upgrade at its Santa Cruz copper project in Arizona IvanhoeElectric copper Arizona
- Ivanhoe Electric announced Tuesday that total contained copper in indicated resources across all deposits and domains at the Santa Cruz copper project in Arizona increased by 11%, with a near-doubling of the copper cut-off grade to a minimum of 0.70%.
Using a 0.70% copper cut-off grade, indicated mineral resources at the Santa Cruz project total 226.7 million tonnes grading 1.24% total copper , and inferred resources total 149.0 million tonnes grading 1.24% total copper . With a specific focus on expanding the higher-grade areas of the Santa Cruz deposit , the company said it has successfully improved the indicated resources tonnage in these domains within the Santa Cruz deposit by 65%.
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