Up to 8 drill rigs are Operating 24 several hours on a daily basis to collect resource in-fill, geotechnical, hydrological and metallurgical details necessary to assess possible mine improvement selections with the Santa Cruz Challenge.

These variables shouldn't be construed as exhaustive and should be go through at the side of the other cautionary statements explained in Ivanhoe Electric’s registration statement on Variety S-1, as amended, submitted Along with the U.S. Securities and Exchange Fee and base PREP prospectus filed with Canadian securities commissions. No assurance may be on condition that these long term outcomes will be realized. Forward-searching statements converse only as on the day of the news release. Ivanhoe Electrical cautions you not to position undue reliance on these forward-searching statements. Subject to relevant securities guidelines, the business isn't going to believe any obligation to update or revise the ahead-seeking statements contained herein to mirror situations or situations developing after the day of this news launch, and Ivanhoe Electric expressly disclaims any necessity to take action.

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The technological report summary and technical report incorporate applicable info regarding the assumptions, parameters and methods of the mineral resource estimates about the Santa Cruz Challenge cited in this news release, in addition to information with regards to details verification, exploration processes together with other matters pertinent to your scientific and specialized disclosure contained In this particular information release.

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