Ivanhoe Mines Files NI 43-101 Technical Report on the Preliminary Economic Assessment for the Redevelopment of the Kipushi Zinc-Copper Project in the Democratic Republic of Congo

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2016) - Ivanhoe Mines (TSX:IVN) today announced that, further to its news release dated May 2, 2016, the company has filed a National Instrument 43-101 (NI 43-101) technical report on the preliminary economic assessment (PEA) for the redevelopment of the historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. The Kipushi Project is operated by Kipushi Corporation (KICO), a joint venture between Ivanhoe Mines (68%) and Gécamines (32%), the state-owned mining company.

The Kipushi 2016 PEA was prepared by OreWin Pty. Ltd., of Adelaide, Australia, and the MSA Group (Pty.) Ltd., of Johannesburg, South Africa. The NI 43-101 technical report - Kipushi 2016 Preliminary Economic Assessment - has been filed on the SEDAR website at www.sedar.com and posted on the Ivanhoe Mines website at www.ivanhoemines.com.