Ivanhoe Mines Ltd commenced pre-production mining operations at its small, high-grade open pit at the Eunsan deposit in South Korea (Nov 28) and million of the gold and silver ores is expected to begin in the second quarter of 2002. Approximately 650 t of ore grading 2.48 ounces per tonne gold and 36.0 opt silver have been mined and stockpiled to date. Ivanhoe expects to mine and stockpile approximately 10,000 of ore prior to mill startup.The Eunsan deposit is the most advanced of several high-grade epithermal gold-silver prospects identified by Ivanhoe within the Seongsan Gold/Silver Project in Chollanam-Do Province, in southwestern South Korea.
NSTL
