Ivanhoe Mines Ltd. Advances Silver Exploration at Langis Project, Canada

Ivanhoe Mines Ltd. has disclosed new drilling results from its Langis Silver Project in Canada, underscoring the company’s commitment to expanding the understanding of the project’s high‑grade silver potential. The 2026 drill program, the largest the company has undertaken to date, focuses on infill and expansion of silver zones within the historic Shaft 6 area.

Shaft 6 Southeast (S6‑SE) – High‑Grade Confirmation

  • Hole LM‑26‑377 intersected an extended high‑grade interval, including a 20‑metre segment averaging a markedly high grade.
  • The same hole revealed multiple ultra‑high‑grade sub‑intervals, notably a sub‑metre section with an exceptionally high silver concentration.
  • Prior drilling in the S6‑SE zone confirmed that high‑grade mineralization extends along strike and remains open for further extension.

The data reinforce the economic viability of the S6‑SE zone and provide a robust basis for future expansion drilling aimed at delineating the full extent of these high‑grade intervals.

Shaft 6 North (S6‑N) – Anomalous Silver Occurrences

Drilling in the S6‑N area has identified anomalous silver occurrences, indicating that mineralization may extend beyond the central shaft. This development suggests additional resources may lie laterally adjacent to the primary target zones, broadening the potential reserve base.

Historic Tailings – Maiden Mineral Resource Estimate

Ivanhoe Mines has progressed a maiden mineral resource estimate for historic tailings associated with the Langis Project. Over 260 metres of drilling have been completed, and samples are pending assay. The results will enable the company to assess the economic feasibility of tailings re‑processing and to refine the overall resource model.

Strategic Context

The Langis project sits within a broader Canadian silver‑mining landscape that has attracted renewed investor interest due to rising commodity prices and favorable regulatory environments. Ivanhoe Mines’ systematic approach—combining high‑resolution drilling, rigorous assay analysis, and detailed resource modeling—positions the company to capitalize on these macro‑level trends while maintaining a disciplined focus on operational feasibility.

By expanding the known high‑grade silver zones and exploring adjacent mineralized bodies, Ivanhoe Mines is strengthening its competitive positioning within the silver sector. The continued development of the tailings resource further diversifies the project’s value proposition, potentially reducing overall development risk.

Outlook

The latest drilling results support the company’s exploration strategy and reinforce confidence in the Langis project’s long‑term potential. Ivanhoe Mines will continue to drill to delineate the full extent of high‑grade intervals and to evaluate the economic viability of the historic tailings resource, thereby informing future capital allocation and project development decisions.