SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

From: June 7, 2010

IVANHOE MINES LTD.

(Translation of Registrant’s Name into English)

Suite 654 — 999 CANADA PLACE, VANCOUVER, BRITISH COLUMBIA V6C 3E1

(Address of Principal Executive Offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F- o Form 40-F- þ

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes: o No: þ

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-                    .)

Enclosed:

News Release

June 7, 2010

Phase-one drilling program improves grades and extent of high-grade
gold mineralization at Ivanhoe Mines’ 50%-owned Kyzyl Gold Project
in northeastern Kazakhstan

Results to be used in updated, independent resource estimate
and pre-feasibility study

ALMATY, KAZAKHSTAN — Robert Friedland, Chairman of Ivanhoe Mines, and David Woodall, Chief Executive Officer of Altynalmas Gold Ltd., announced today that gold mineralization has been expanded and upgraded by confirmatory drilling at Altynalmas’s Kyzyl Gold Projectin northeastern Kazakhstan. Ivanhoe Mines owns 50% of Altynalmas.

Long intercepts of high-grade gold mineralization, including 38 metres of 17.13 grams of gold per tonne (g/t) in hole BAK-23-2010, 43 metres of 11.18 g/t gold in hole BAK-14-2009 and 22 metres of 10.31 g/t gold in hole BAK-27-2010, are among the results from 57 exploration holes, totalling 27,346 metres, that were drilled as part of a phase one program between October 2009 and April 2010.

“We have been able to significantly improve drill-core recovery from the gold zones to more than 90% using the wireline and triple-tube method in the current drilling program,” Mr. Woodall said. “This is much better than the core recovery of approximately 75% that was managed by drilling during Soviet-era development on the Kyzyl deposits.

“Our latest drilling yielded improved grades and widths of gold intercepts over Soviet-era discoveries, while also confirming the proven quality of the Kyzyl resource.”

Mr. Woodall said the key value drivers of the Kyzyl Gold Project are grade and metallurgical recoveries.

“We expected significant gold intercepts and are very pleased with the results produced so far by the current drilling program. We’re confident that the pre-feasibility study resource model will be improved when these new drilling results are incorporated. The drilling results and the metallurgical test-work programs, achieving gold recoveries of between 86% and 90% using fluidized-bed roasting, indicate the robustness and quality of the project.”

Mr. Woodall said the drilling results will be used in a pre-feasibility study being prepared by Scott Wilson Roscoe Postle and Associates (Scott Wilson RPA), of Toronto, Canada. The study, set for completion within the next month, is expected to upgrade a large percentage of the Kyzyl Gold Project’s Resources into Mineral Reserves.

The assay results of 29 holes drilled into the middle zone of Lens 1 of the Bakyrchik Deposit are listed below (and also are shown on illustrations on Ivanhoe’s website at www.ivanhoemines.com). Intersection widths and grade tenor correlate well with the results of the earlier, Soviet-era drilling results. All the holes intercepted significant widths of high-grade gold mineralization, with many of the holes having some intercepts grading close to one ounce of gold per ton (34.3 grams per tonne).

Bakyrchik Deposit drill results — Lens 1, May 31 2010

			From		To		Interval		Gold Grade
Hole-ID	Section		(m)		(m)		(m)		(g/t)
BAK-01-2009		435300		282		296		14		10.31
inc				291		294		3		22.20
BAK-02-2009		435300		315		326		11		14.76
inc				322		325		3		28.28
BAK-03-2009		435300		331		348		17		7.06
BAK-04-2009		435325		407		411		4		22.43
and				417		438		21		10.53
inc				427		430		3		23.23
BAK-05-2009		435350		309		334		25		9.14
inc				315		318		3		18.57
inc				324		327		3		19.47
and				340		343		3		3.34
BAK-07-2009		435300		428		455		27		11.15
inc				432		435		3		20.51
inc				439		442		3		20.23
BAK-08-2009		435350		369		381		12		11.33
inc				374		378		4		23.16
and				387		411		24		10.10
BAK-09-2009		435425		330		344		14		10.22
inc				338		341		3		28.92
and				349		355		6		4.30
and				396		410		14		6.34
BAK-10-2009		435350		424		434		10		9.32
inc				425		428		3		17.45
and				452		471		19		12.09
inc				455		462		7		19.90
BAK-11-2009		435450		337		353		16		6.86
BAK-12-2009		435450		379		398		19		9.29
inc				383		386		3		16.53
BAK-13-2009		435275		413		441		28		10.67
inc				436		439		3		16.35

			From		To		Interval		Gold Grade
Hole-ID	Section		(m)		(m)		(m)		(g/t)
BAK-14-2009		435300		378		421		43		11.18
inc				380		385		5		18.35
inc				396		400		4		17.01
inc				408		411		3		19.60
BAK-15-2009		435225		379		388		9		10.46
BAK-16-2009		435225		426		443		17		14.92
BAK-17-2009		435425		295		307		12		19.77
and				335		346		11		4.83
BAK-18-2009		435200		426		433		7		12.65
inc				429		432		3		20.48
BAK-19-2009		435225		354		360		6		12.82
				355		358		3		21.28
BAK-20-2009		435425		270		289		19		6.76
inc				270		273		3		20.10
and				320		329		9		7.15
BAK-21-2009		435450		462		491		29		7.06
BAK-22-2009		435325		306		324		18		9.85
inc				321		324		3		20.97
BAK-23-2010		435300		480		518		38		17.13
inc				485		500		15		24.10
inc				509		516		7		18.51
BAK-24-2009		435300		254		258		4		7.83
BAK-25-2010		435325		268		285		17		10.00
inc				281		284		3		16.47
BAK-27-2010		435375		353		375		22		10.31
inc				354		358		4		18.88
inc				366		369		3		19.60
and				392		398		6		9.30
BAK-28-2010		435450		497		516		19		5.98
and				525		534		9		12.04
inc				526		530		4		18.74
BAK-30-2010		435450		287		290		3		6.52
BAK-31-2010		435200		450		459		9		10.49
BAK-33-2010		435350		294		319		25		9.70

Notes:

1.	Intersection assays are a composite of one-metre assays calculated from interval-weighted assays over the intersection length using a 2.0 g/t gold cut-off.
2.	The included intervals are significantly higher in tenor and exceed 15.0 g/t gold within the 2.0 g/t gold cut-off intervals.
3.	No high assay values have been cut.
4.	Holes BAK-06-2009, BAK-26-2010, BAK-29-2010 and BAK-32-2010 are awaiting completion of assaying.
5.	Interval widths are generally equivalent to true widths.

Quality Assurance and Quality Control

Exploration core was drilled HQ size (63.5-mm diameter) using western drill strings and triple-tube HQ3 core (61.1-mm diameter) was used for geotechnical logging within, and on the shoulders, of the mineralized zone. Assaying of the samples was completed at ALS Chemex, an independent ISO-credited laboratory in Vancouver, Canada, using fire assay fusion followed by a gravimetric analysis procedure.

Quality assurance and quality control is independently monitored and audited by Scott Wilson RPA with a quality-control program, which includes the use of matrix matched assay standard reference samples, blanks, duplicates, repeats and internal ALS Chemex quality-assurance procedures.

Qualified Person

Disclosures of a scientific or technical nature in this release have been reviewed by David Woodall, Chief Executive Officer of Altynalmas Gold Ltd. and a Qualified Person as defined by National Instrument 43-101.

About Ivanhoe Mines

Ivanhoe Mines (NYSE, NASDAQ & TSX: IVN) is an international mining company with operations focused in the Asia Pacific region. Assets include the company’s 66% interest in the Oyu Tolgoi copper-gold mine development project in southern Mongolia; its 57% interest in Mongolian coal miner SouthGobi Resources (TSX: SGQ; HK: 1878); an 81% interest in Ivanhoe Australia (ASX: IVA), a copper-gold-uranium-molybdenum-rhenium exploration and development company; and a 50% interest in Altynalmas Gold Ltd., a private company developing the Kyzyl Gold Project in Kazakhstan.

Ivanhoe Mines’ shares are listed on the New York, NASDAQ and Toronto stock exchanges under the symbol IVN.

Information contacts
Investors: Bill Trenaman +1.604.688.5755 / Media: Bob Williamson +1.604.331.9830
Website: www.ivanhoemines.com

Forward Looking Statements:

Certain statements made herein, including statements relating to matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, constitute “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking information and statements are typically identified by words such as “anticipate,” “could,” “should,” “expect,” “seek,” “may,” “intend,” “likely,” “plan,” “estimate,” “will”, “believe” and similar expressions suggesting future outcomes or statements regarding an outlook. These include, but are not limited to, statements respecting Altynalmas Gold’s planned exploration and development work; the planned development work at the Bakyrchik mine; the completion of the planned prefeasibility study; the ability to consistently achieve recovery rates between 86% and 90%, and the likely significant increase in the project’s indicated resource in the near future.

All such forward-looking information and statements are based on certain assumptions and analyses made by Ivanhoe Mines’ management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include those described under the heading “Risks and Uncertainties” elsewhere in the Company’s MD&A. The reader is cautioned not to place undue reliance on forward-looking information or statements.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	IVANHOE MINES LTD.
Date: June 7, 2010	By:	/s/ Beverly A. Bartlett
		BEVERLY A. BARTLETT
		Vice President & Corporate Secretary