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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who started this subject8/25/2003 11:20:53 PM
From: Julius Wong  Read Replies (1) of 1992
 
Ivanhoe says Oyu Tolgoi mine tops earlier estimate

VANCOUVER, British Columbia, Aug 25 (Reuters) - In yet another increase to the size of its prized gold-copper discovery in Mongolia, Canada's Ivanhoe Mines Ltd. (Toronto:IVN.TO - News) said on Monday a report last month had underestimated the size of the deposit due to a calculation error.

Ivanhoe chairman Robert Friedland said the Far North Zone of the Oyu Tolgoi project contained 8 percent more gold and 4 percent more copper than shown in an independent report released on July 21.

biz.yahoo.com
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