Ivanhoe Electric's Typhoon(TM) Technology Quickly Proves its Power with Discovery in Saudi Arabia
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Ivanhoe Electric Inc. has announced promising initial drill results from its joint venture with Ma'aden in Saudi Arabia, using its Typhoon(TM) technology. The drilling intersected copper mineralization in three holes beyond 700 meters, indicating potential for significant resource discovery.
January 13, 2025 | 12:15 pm
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Ivanhoe Electric's joint venture in Saudi Arabia has yielded promising drill results, with copper mineralization found beyond 700 meters. This could enhance the company's resource base and future revenues.
The discovery of copper mineralization at significant depths using Ivanhoe Electric's Typhoon(TM) technology suggests a potential increase in the company's resource base. This could lead to higher future revenues and positively impact the stock price.
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