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Stocks in play: Ivanhoe Electric Inc.
Provided an update on recent progress at the Santa Cruz Copper Project in Arizona, including drilling activities and the selection of external consultants to advance the Project's Preliminary Feasibility Study. The Mineral Resource Estimate utilized for the Initial Assessment included 170 drill holes totaling 153,000 meters. Since December 31, 2022, the current date of the Mineral Resource Estimate update announced on February 14, 2023, Ivanhoe Electric has completed an additional 185 drill holes totaling 133,000 meters, bringing total development drilling at the Project to over 286,000 meters. Ivanhoe Electric Inc. shares T.IE are trading down $0.85 at $15.20.
