Ivanhoe Mines announced that exploration hole DD1450 drilled at the Kamoa North prospect area, on the 397-square-kilometre Kamoa-Kakula mining licence, has intersected 13.05% copper over 22.3 metres (true thickness), at a 2% copper cut-off grade, in a remarkably-thick, flat-lying, ultra-high-grade deposit beginning at a depth of only 190 metres below surface. Drill hole DD1450 includes multiple, one-metre intersections with copper grades higher than 20% copper, including a 40%-copper intercept. At a cut-off of 5% copper, DD1450's intersection is 15.92% copper over 16.8 metres (true thickness). Using a lower cut-off grade of 1% copper, the intersection is 10.29% copper over 29.4 metres (true thickness), beginning at a depth of only 190 metres below surface. The new drill hole, DD1450, is located approximately 18 kilometres north of the Kamoa-Kakula Project's planned initial mine at the Kakula Deposit and approximately eight kilometres north of Kamoa's Kansoko Mine development. DD1450 is one of 22 recently-drilled holes at Kamoa North. A complete list of assay results, at various cut-off grades, from the recent holes is in Table 1 on page 11. DD1450 is further evidence of the emergence of Kamoa North as a prospective new, shallow mining area on the Kamoa-Kakula mining licence.