Koryx Copper Reports Significant Drill Results for Haib Project in Namibia
Koryx Copper's ongoing exploration at the Haib Copper Project yields promising drill results from 17 new holes totaling 5,252 meters. The project is set to incorporate these findings into a Pre-feasibility Study (PFS) scheduled for release by mid-2026, enhancing its mineral resource estimate and process flow sheet.
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Koryx Copper has completed assay results from 17 drill holes at the Haib Copper Project, amounting to 5,252 meters. The project anticipates publishing a Pre-feasibility Study (PFS) that reflects an updated mineral resource estimate and an enhanced process flow sheet by mid-2026.
The drilling program focuses on infill and expansion efforts, revealing consistent copper mineralization alongside significant byproduct credits of molybdenum and gold. The Haib project, located in southern Namibia, has undergone extensive exploration, with over 120,000 meters drilled since the 1970s.
This advancement highlights the potential for low-cost, long-life copper production, with planned annual outputs of 92,000 tons in concentrate over 24 years. However, the geological complexity and variability in mineral grades may pose risks to resource predictability.
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