announcement..significant high grade

Ivanhoe's high-grade intercepts continue
11:15, Thursday, 19 January 2012

Sydney - Thursday - January 19: (RWE Australian Business News)
Ivanhoe Australia (ASX:IVA) reports the completion of the Starra 276
resource definition program, which has continued to record significant
high-grade copper-gold intercepts on the company's Cloncurry tenements
in northwestern Queensland.
Results from the three most recent holes in Starra 276 continue
to provide a strong degree of confidence in the resource model, ensuring
a robust and reliable contribution of Starra 276 to the Osborne Copper
Gold Project mill feed, it says.
During 2011, Ivanhoe Australia completed a 31-hole resource
definition program.
Assay results for 27 of these holes have been received; the most
recent include high-grade copper-gold intercepts from the following
three holes:
* STQ1078 - 20 m @ 2.56% copper and 0.75 g/t gold from 310
metres, including 15 m @ 3.02% copper and 0.98 g/t gold from 315 metres;
and 19 m @ 1.32% copper and 0.58 g/t gold from 373 metres; including 1.6
m @ 9.45% copper and 1.62 g/t gold from 380 metres.
* STQ1073 - 18 m @ 2.01% copper and 0.91 g/t gold from 318
metres; including 13 m @ 2.60% copper and 1.00 g/t gold from 318 metres;
including 2 m @ 4.50% copper and 3.51 g/t gold from 329 metres; and 2 m
@ 2.26% copper and 0.06 g/t gold from 384 metres.
* STQ1074 - 16 m @ 0.88% copper and 0.82 g/t gold from 404
metres; including 2 m @ 3.30% copper and 0.95 g/t gold from 404 metres;
and 17 m @ 1.32% copper and 1.31 g/t gold from 444 metres; including 2 m
@ 2.26% copper and 1.17 g/t gold from 446 metres; including 9.7 m @
1.63% copper and 1.85 g/t gold from 451.3 metres.
ENDS rx