202623 releases
Koryx Copper Provides Interim Update on Pre-Feasibility Study Progress for the Haib Copper Project in Southern Namibia
An interim update on the Haib Copper Project PFS in southern Namibia sets the base case at 48 Mtpa of run-of-mine crushing, with coarse particle flotation rejecting about 12 Mtpa of coarse gangue at 0.05% Cu ahead of a 36 Mtpa flotation circuit; the heap leach component of roughly 50 Mt of oxide material is no longer in the base case. A tailings site holding ~1.15 Bt was selected, MoUs signed with NamPower and NamWater, and ESIA/EMP filings were submitted to MEFT on 19 August and 4 September 2026, with a decision expected before end-2027. PFS publication remains scheduled before the end of November 2026.
Study resultsKoryx Copper Completes PFS Drill Program, Announces Further Positive Infill Drill Results at the Haib Copper Project in Southern Namibia
Assay results from 18 drill holes totalling 7,074m of infill and expansion drilling at the wholly-owned Haib Copper Project in southern Namibia include HM199 with 438m @ 0.40% CuEq from surface, including 224m @ 0.51% CuEq, HM193 with 681m @ 0.34% CuEq, and HMRC015 with 491m @ 0.22% CuEq including 79m @ 0.46% CuEq. The infill and expansion drill program is now complete, with an updated MRE and PFS on track for publication before the end of 2026.
Drill resultsKoryx Copper Announces Maiden Drill Program on Zambia Projects and Agreement to Increase Ownership To 80%
A maiden 2,500m diamond drill program at the Luanshya West project in the Zambian Copperbelt will begin the week of 21 September, testing up to four targets to vertical depths of 100-250m, with completion expected by mid-December 2026; about 3,000 soil samples are planned at Mpongwe by early November. An amended and restated option agreement with World Class Mineral Ventures will raise Koryx's interest in Koryx Copper Zambia from 51% to 80% for US$200,000 cash and 80,000 common shares at a deemed C$3.50, removing remaining earn-in expenditure commitments, with closing expected by September 30, 2026.
Drill resultsKoryx Copper Files Technical Report with Updated Mineral Resource Estimate for the Haib Copper Project, Southern Namibia
A technical report containing an updated mineral resource estimate for the Haib Copper Project in southern Namibia has been filed.
Resource updateKoryx Copper Upgraded to OTCQX
Koryx Copper has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, and begins trading today under the symbol KRYXF. The Luxembourg-domiciled company holds 100% of the PEA-stage Haib copper/molybdenum/gold porphyry project in southern Namibia and a portfolio of copper exploration licenses in Zambia.
CorporateKoryx Copper Announces Updated Mineral Resource Estimate for the Haib Copper Project, Southern Namibia
An updated mineral resource estimate has been released for the Haib Copper Project in southern Namibia.
Resource updateMIF 2026 Interview With Joe Mazumdar
CorporateRed Cloud Pre-PDAC Interview
CorporateKoryx Copper announces closing of C$5 million Sidecar Namibian Nonbrokered Private Placement for total financing of C$51 million
A C$5,000,000 sidecar non-brokered private placement has closed, comprising 2,040,816 common shares at C$2.45 per share sold predominantly to Namibian institutional and retail investors, on terms consistent with the C$46M bought deal announced January 6, 2026 and closed January 20, 2026, for total financing of C$51 million. Finder's fees of C$150,000 were paid to Cirrus Capital (Pty) Ltd. Proceeds will fund technical studies and exploration at the Haib Copper Project in Namibia, working capital and general corporate purposes. Shares carry a four month and a day hold period, and the placement remains subject to final TSXV approval.
FinancingKoryx Copper Announces Closing of $46 Million Bought Deal Financing and Concurrent $5 Million Namibian Non-Brokered Private Placement
A bought deal private placement of 18,776,050 common shares at C$2.45 each closed for gross proceeds of C$46,001,323, including full exercise of the underwriters' option, led by Stifel Canada. A concurrent non-brokered private placement of up to 2,040,816 shares at $2.45 for $5,000,000 targets predominantly Namibian institutional and retail investors. Proceeds will fund technical studies and exploration at the 100%-owned Haib Copper Project in Namibia, working capital and general corporate purposes. Underwriters received a 6% cash commission and 563,281 compensation warrants.
FinancingKoryx Copper Announces Upsize of Bought Deal Financing to $40 Million
A previously announced bought deal private placement has been upsized to 16,327,000 common shares at C$2.45 per share for gross proceeds of C$40,001,150, with Stifel Canada as sole bookrunner. Underwriters hold an option for up to 2,449,050 additional shares at the same price, exercisable until 48 hours before closing. Proceeds will fund technical studies and exploration at the Haib Copper Project in Namibia, working capital and general corporate purposes, with closing expected on or about January 20, 2026.
FinancingKoryx Copper Announces $25 Million Bought Deal Financing
A bought deal private placement of 10,205,000 common shares at C$2.45 per share for gross proceeds of C$25,002,250 has been agreed with Stifel Canada as sole bookrunner, with an underwriters' option for up to 1,530,750 additional shares at the same price. Underwriters receive a 6% cash commission and compensation warrants equal to 3% of shares sold, exercisable at C$2.45 for 24 months. Proceeds will fund technical studies and exploration at the Haib Copper Project in Namibia, working capital and general corporate purposes, with closing expected on or about January 20, 2026.
Financing
202526 releases
Koryx Copper Announces Further Positive Drill Results at the Haib Copper Project, Southern Namibia
Assay results from a further nine drill holes totalling 4,007m of diamond drilling at the wholly-owned Haib Copper Project in southern Namibia include HM103 with 74m at 0.36% Cu from 66m (including 16m at 0.56% Cu), HM104 with 214m at 0.34% Cu from 272m, HM102 with 19m at 0.64% Cu from 204m, and HM101 with 62m at 0.31% Cu from surface. Twelve diamond rigs are now operating on site, including geotechnical drilling for the PFS, and an updated mineral resource estimate is anticipated before the end of January 2026.
Drill resultsKoryx Copper Provides Update On Zambia Projects with Definition of Drill Targets at Luanshya West and Completion of Regional Surface Geochemistry at Mpongwe
Exploration work at the Luanshya West licence (LEL 23246, 54 km²) in Zambia has defined five priority drill targets — LWT1, LWT3, LWT4, LWT6 and LWT11 — following a 50m-line-spacing drone magnetic survey, roughly 1,000 in-fill soil samples and pitting, with about 3,000 m of drilling planned for early 2026. At the 675 km² Mpongwe licence, approximately 5,000 first-pass regional soil samples were collected, with final results expected in January 2026. Koryx holds 51% of the licences and can earn up to 80% with US$3 million in expenditure over 30 months.
Drill resultsKoryx Copper Announces Completion Of Continuation
The Registrar of Companies in British Columbia has authorized the continuation of Koryx Copper out of British Columbia, under section 308 of the Business Corporations Act (British Columbia), to the Grand Duchy of Luxembourg, following shareholder approval at the October 15, 2025 special meeting. The TSX Venture Exchange has conditionally approved the continuation, and the name change from Koryx Copper Inc. to Koryx Copper S.A. remains subject to TSX-V approval. New independent directors Cristina Lara and Tarik El Hanch were appointed effective November 6, 2025.
CorporateKoryx Copper Announces Further Positive Drill Results at the Haib Copper Project, Southern Namibia
Assay results from a further 17 diamond drill holes totalling 5,556m at the wholly-owned Haib Copper Project in southern Namibia include HM96 with 116m at 0.36% Cu from 228m and 40m at 0.37% Cu from 4m, HM79 with 96m at 0.31% Cu from 74m, and HM76 with 50m at 0.33% Cu from 102m. Four additional man-portable rigs are in transit, taking the count to eight resource rigs plus two on geotechnical drilling, with an updated mineral resource estimate intended before the end of 2025. The company also approved a grant of up to 4,135,000 restricted share units.
Drill resultsKoryx Announces Results Of Special Meeting
Shareholders approved the transfer of Koryx Copper's registered office and place of central administration to Luxembourg, continuing the company as a public limited company named Koryx Copper S.A., at a special meeting held October 15, 2025. The continuation resolution passed with 51,605,932 votes for (99.999%), with 51,606,515 shares, or about 53.75% of outstanding shares, represented. Ancillary resolutions, including appointment of Luxembourg resident directors Tarik El Hanch and Cristina Lara, were also approved. The continuation takes effect on the later of BC Registrar authorization and the day after the Luxembourg notarial deed is signed.
CorporateKoryx Files Updated Pea For The Haib Copper Project, Southern Namibia
The NI 43-101 technical report supporting the Preliminary Economic Assessment for the 100%-owned Haib Copper Project in southern Namibia has been filed on SEDAR+, with an effective date of September 4, 2025; the PEA results were announced September 4, 2025. Haib's mineral resource stands at 511Mt at 0.33% Cu and 51 ppm Mo (1,668kt copper, 25.9kt molybdenum) Indicated and 308.9Mt at 0.31% Cu and 40 ppm Mo (949kt copper, 12.4kt molybdenum) Inferred at a 0.15% Cu cut-off.
Study resultsKoryx Copper Announces Amendments To Shareholder Meeting Matters
Amendments to the management information circular dated August 29, 2025 change the effective time of the proposed continuation to Luxembourg, ahead of the special shareholder meeting set for October 15, 2025. The continuation, which would make the company a Luxembourg société anonyme named Koryx Copper S.A., will now take effect on the later of the day authorization from the BC Registrar is obtained and the day after the Luxembourg notary signs the notarial deed. A labour dispute involving British Columbia public sector workers may delay that authorization.
CorporateKoryx Copper Announces Planned Continuation To Luxembourg
Koryx Copper intends to change its corporate domicile from British Columbia, Canada to the Grand Duchy of Luxembourg and rename itself Koryx Copper S.A., with the continuation expected to be effective October 16, 2025, subject to shareholder and TSX Venture Exchange approval. A special meeting of shareholders is planned for October 15, 2025. The shares are expected to keep trading on the TSXV and Namibian Securities Exchange under current symbols, and the company will remain a Canadian reporting issuer.
CorporateKoryx Announces Updated PEA Results for the Haib Copper Project, Southern Namibia
Updated PEA results for the 100%-owned Haib Copper Project in southern Namibia show an after-tax NPV8% of US$1.351bn and 20.1% after-tax IRR at a copper price of US$4.31/lb (US$9,500/t), with a 23-year mine life, 3.9-year payback, US$1.559bn upfront capital and US$543m LOM sustaining capital. Average payable copper production is 92ktpa over years 1-10 at C1 cash costs of US$1.81/lb and AISC of US$2.05/lb, via a 28mtpa mill/flotation plant plus 7mtpa heap leach and SX/EW. The PEA uses the 2024 resource model; an updated MRE and technical study are planned for second half 2026.
Study resultsKoryx Copper Drills Widest Historic Continuous High-Grade Zone
Drill hole HM90 at the Haib Copper Project in southern Namibia returned 110m at 0.70% Cu from surface, including 36m at 1.42% Cu from 28 to 64m, within a 417m interval grading 0.33% Cu; true widths are unknown. The hole lies about 60m north of HM06, which returned 90m at 0.60% Cu. Namibia's Ministry of Mines renewed Exclusive Prospecting Licence 3140 to 6 July 2027, and Koryx has submitted a mining licence application, with an ESIA planned for submission in Q2 2026.
Drill resultsKoryx Copper Announces Further Drill Assay Results Extending Consistent Mineralization at Depth and Laterally at the Haib Copper Project, Southern Namibia
Assay results from seven drill holes totalling 2,986m at the wholly-owned Haib Copper Project in southern Namibia include HM75 with 927m @ 0.24% Cu over the entire hole, including 60m @ 0.33% Cu and 48m @ 0.34% Cu, HM72 with 14m @ 0.91% Cu, and HM77 with 98m @ 0.37% Cu. 15,349m of the 28,000m planned for 2025 is complete, with six rigs active and four man-portable rigs arriving in September. An updated PEA is due in September 2025, with an updated resource estimate and technical study in H2 2026.
Drill resultsKoryx Copper Announces Closing Of $25 Million Financing
A bought deal public offering of 19,047,680 common shares at C$1.05 each closed for gross proceeds of C$20,000,064, including full exercise of the over-allotment option, alongside a concurrent non-brokered private placement of 4,761,844 shares at the same price for about C$5,000,000. Stifel Canada led the offering as lead underwriter and sole bookrunner. Proceeds will fund technical studies and exploration at the Haib Copper Project in Namibia, working capital and general corporate purposes. Directors and officers subscribed for 390,476 shares totalling C$410,000.
FinancingKoryx Copper Files Final Short Form Prospectus in Connection with $17.4 Million Bought Deal Financing
A final short form prospectus dated July 28, 2025 has been filed and receipted for Koryx Copper's bought deal offering of 16,563,200 common shares at C$1.05 per share for gross proceeds of C$17,391,360. The underwriters have exercised in full an over-allotment option for an additional 2,484,480 shares at the issue price for up to C$2,608,704 in further proceeds. Stifel Canada is lead underwriter and sole bookrunner, and the TSX Venture Exchange has granted conditional approval.
FinancingKoryx Copper Announces Upsize Of Bought Deal Public Offering To $17 Million
The previously announced bought deal public offering has been upsized to 16,563,200 common shares at C$1.05 per share for gross proceeds of C$17,391,360, with Stifel Nicolaus Canada Inc. as lead underwriter and sole bookrunner. The underwriters hold a 30-day over-allotment option for up to an additional 15% of the shares sold, and closing is expected on or about July 30, 2025. Proceeds will fund technical studies and exploration at the Haib Copper Project in Namibia, working capital and general corporate purposes.
FinancingKoryx Copper Announces $10 Million Bought Deal Public Offering
A bought deal public offering of 9,524,000 common shares at C$1.05 per share for gross proceeds of C$10,000,200 has been agreed with a syndicate led by Stifel Nicolaus Canada Inc., with a 15% over-allotment option exercisable for 30 days after closing. Proceeds will fund technical studies and exploration at the Haib Copper Project in Namibia, working capital and general corporate purposes. Closing is expected on or about July 30, 2025, subject to TSX Venture Exchange approval; underwriters receive up to 6% cash commission and compensation warrants.
FinancingKoryx Copper Receives Additional Encouraging Drill Results at the Haib Copper Project, Southern Namibia
Assay results from six diamond drill holes totalling 1,808 m in the Phase 2 program at the wholly owned Haib copper project in southern Namibia include HM73 with 88 m at 0.41% Cu from 12 m and 228 m at 0.34% Cu from 270 m, HM69 with 8 m at 0.97% Cu from 40 m, and HM70 with 46 m at 0.41% Cu from 134 m. Of the planned 28,000 m for 2025, 11,100 m has been completed, with four man-portable rigs being mobilized, two by end-July 2025 and two in October.
Drill resultsKoryx Copper Provides Project Development Update For The Haib Copper Project, Southern Namibia
Metallurgical testwork at the Haib copper-molybdenum project in southern Namibia returned average flotation recovery of 89% at the 0.35% Cu resource grade from a 120-150µm grind, producing concentrate grading 20-25% Cu, with 45-70% of molybdenum reporting to concentrate. A PEA is targeted for publication in Q3 2025, with column leach tests to finish by end-April 2026 and a resource update and further technical report in H1 2026. Power and water studies indicate about 120MW average demand and 20Mm3 per year of water; a 55,000 m drill program with four rigs completes Q1 2026.
CorporateKoryx Copper Announces Filing of its Annual Information Form
Koryx Copper has filed its Annual Information Form for the year ended August 31, 2024 on SEDAR+, with an electronic copy also available on the company's website. The company is advancing the 100%-owned Haib copper-molybdenum porphyry project in southern Namibia, which holds indicated resources of 414Mt at 0.35% Cu and inferred resources of 345Mt at 0.33% Cu at a 0.25% Cu cut-off, and is building copper exploration licenses in Zambia.
CorporateKoryx Copper Announces Further Highly Encouraging Drill Results at the Haib Copper Project, Southern Namibia
Assay results from 12 drill holes (3,603m) in the Phase 2 program at the wholly-owned Haib copper-molybdenum-gold project in southern Namibia included HM62 with 572m at 0.33% Cu from surface, including 68m at 0.53% Cu, 110m at 0.41% Cu and 54m at 0.41% Cu; HM64 returned 26m at 0.66% Cu and 0.05 g/t Au, and HM51 returned 112m at 0.32% Cu. Twenty-nine of 37 planned Phase 2 holes totalling 8,647m are complete, with four additional man-portable rigs due in the second half of 2025 and 28,000m now expected by year-end. Shareholders approved all resolutions at the May 22, 2025 annual meeting.
Drill resultsKoryx Copper announces change of Auditor
Crowe MacKay LLP has been replaced by MNP LLP as auditor of Koryx Copper, effective April 4, 2025, at the Company's request, with the board appointing the successor auditor. There were no reservations in the former auditor's audit reports and no reportable events under NI 51-102. The Notice of Change of Auditor and required letters have been reviewed by the Audit Committee and board and filed on SEDAR+.
CorporateKoryx Copper Announces Listing On The Namibia Securities Exchange
A dual listing on the Namibian Securities Exchange under the symbol KYX has been completed, with trading to commence April 10, 2025. The TSX Venture Exchange listing remains the primary listing for Koryx's common shares. Koryx is advancing the 100%-owned, PEA-stage Haib copper-molybdenum porphyry project in southern Namibia and copper exploration licenses in Zambia; no new information will be released on the Namibian Exchange News Service in conjunction with the listing.
CorporateKoryx Copper Provides Update on Zambia Projects and Planned 2025 Exploration Work Program
A budget of approximately US$1.2 million has been allocated for 2025 exploration on the Luanshya West (LEL 23246, 54 km²) and Mpongwe (LEL 23248, 675 km²) licences in the Zambian Copperbelt, split equally, with drone magnetics planned over Luanshya West in early April, field work starting after the rainy season and diamond drill testing of Mpongwe targets in Q4-2025. Koryx holds 51% and can earn up to 80% with an additional US$3 million over 30 months, and has begun transferring the licences to a Zambian subsidiary. The company also approved up to 2,750,000 RSUs, subject to shareholder approval at the May 22, 2025 AGM, and appointed Alan Friedman as Chairman effective April 7, 2025.
CorporateKoryx Copper Completes Internal Restructure To Simplify Corporate And Reporting Structures
A vertical short-form amalgamation with wholly-owned dormant subsidiary 1054137 B.C. Ltd. was completed under the Business Corporations Act (British Columbia), effective March 19, 2025, to simplify Koryx Copper's corporate and reporting structure. The resulting company retains the name Koryx Copper Inc., the same Articles and the TSXV symbol KRY, issued no securities, and the business is unchanged. It continues to indirectly hold all exploration rights to the Haib Copper Project in Namibia through Haib Minerals.
CorporateKoryx Copper Announces Multiple Higher-Grade Drill Results Over Wide Intercepts at the Haib Copper Project, Southern Namibia
Assay results from 10 boreholes (2,542m) of the Phase 2 program at the wholly-owned Haib copper-molybdenum project in southern Namibia include HM52 with 146m at 0.53% CuEq from 112m, HM56 with 191m at 0.47% CuEq from 72m, HM43 with 141m at 0.45% CuEq from 202m, and HM55 with 106m at 0.37% CuEq from surface plus 80m at 0.58% CuEq. A total of 4,759m has been drilled of the 8,200m planned, with results from a further seven holes expected within three weeks and Phase 3 (29,000m) and Phase 4 (20,000m) to follow.
Drill resultsKoryx Copper Recognized as a Top 50 TSX Venture Exchange Company
Koryx Copper was named to the 2025 TSX Venture 50, ranking among the top 50 performers on the TSX Venture Exchange based on 400% share price appreciation and 737% market capitalization growth in 2024, and placing in the top 10 mining companies in the category. Rankings weight one-year share price appreciation, market capitalization increase and Canadian consolidated trading value as of December 31, 2024. The company's flagship asset is the Haib Copper Project in Namibia.
CorporateKoryx Copper Announces Transformative 2025 Drill and Study Program, Fast-Tracking the Development of the Haib Copper Project in Southern Namibia
A C$20 million technical program for the wholly-owned Haib Copper Project in southern Namibia will run through 2025, including more than 55,000m of drilling with three rigs currently turning, ramping to six by end-February 2025. Phase 2 drilling (8,200m, 3,550m done in 2024) finishes in Q1 2025, followed by Phase 3 (29,000m) and Phase 4 (20,000m) infill drilling. DRA Global was appointed study consultant for an updated PEA before Q3 2025, with a PFS by end-2025 and DFS in 2026.
Drill results
202422 releases
Koryx Copper Appoints Heye Daun as President & CEO, Trevor Faber as COO
Heye Daun has been appointed President and CEO of Koryx Copper while retaining his role as board Chairman, and Trevor Faber, a mining engineer with over 30 years of African project development experience and former COO of Alphamin Resources, has been appointed Chief Operating Officer. Pierre Léveillé steps down as President and remains on the board as Executive Director. The company has completed an $18M private placement to fund Phase 2 drilling and studies at the Haib Copper Project in Namibia.
ManagementKoryx Copper Closes Third Tranche of Private Placement and Provides Update on Flagship Haib Copper Project
Koryx Copper closed a third tranche of its non-brokered private placement, raising C$3,100,000 through 2,818,182 shares at $1.10, bringing total gross proceeds to C$17,969,355.60 for 16,335,778 shares; no finders' fees were paid and shares carry a four-month hold. An 8,200m Phase 2 drill program using two rigs has begun at the 100%-owned Haib Copper Project in southern Namibia, with initial results expected towards the end of November 2024. Phase 2 metallurgical testwork on approximately 1,600 kg is underway at Maelgwyn Laboratory in Johannesburg, with DRA Global appointed to coordinate an enhanced PEA targeted for mid-2025, followed by a PFS towards the end of 2025.
FinancingKoryx Copper Closes Second Tranche of Oversubscribed Private Placement for Gross Proceeds of $5.2 Million
The second tranche of Koryx Copper's non-brokered private placement closed for gross proceeds of $5,200,892.40 from 4,728,084 common shares at $1.10 per share, bringing combined gross proceeds from both tranches to $14,869,355.60 for 13,517,596 shares. Insiders purchased 166,200 shares for $182,820, making the offering a related party transaction under MI 61-101. Proceeds will advance the Haib Copper Project in Namibia, the Luanshya West Project in Zambia, and general working capital, with an updated PEA targeted around mid-2025.
FinancingKoryx Copper Files Technical Report with Updated Mineral Resource Estimate
A NI 43-101 technical report containing an updated mineral resource estimate for the Haib Copper Project in Namibia has been filed on SEDAR+, with an effective date of August 31, 2024 and a report date of October 23, 2024. The report was prepared by The MSA Group (Pty) Ltd., authored by Jeremy C. Witley and Damian E.G. Connelly, and details the resource update first announced on September 10, 2024.
Resource updateKoryx Copper Closes First Tranche Of Oversubscribed Non-Brokered Private Placement For $9.67 Million
Gross proceeds of $9,668,463.20 were raised on October 11, 2024 in the first tranche of a non-brokered private placement, through the sale of 8,789,512 common shares at $1.10 per share, with cash finders fees of $66,893.16 paid. The Offering has been increased to raise combined gross proceeds of up to $17 million, with a fully subscribed second tranche expected to close shortly. Proceeds will advance the Haib Copper Project in Namibia, the Luanshya West Project in Zambia, and working capital.
FinancingKoryx Copper Announces $10 Million Non-Brokered Private Placement
Commitments totalling CAD$10,000,000 have been received for a non-brokered private placement of up to 9,090,910 common shares at $1.10 per share, subject to TSX Venture Exchange approval and a four month hold from issuance. Proceeds will fund the Haib copper project in Namibia, the Luanshya West and Mpongwe projects in Zambia, and general working capital. The Company also noted the departure of CFO Chantelle Collins following the September 24, 2024 appointment of Tony da Silva as CFO.
FinancingKoryx Copper Appoints CFO and Technical Management Team, Accelerating the Advancement of the Haib Copper Project, Southern Namibia
Tony da Silva has been appointed CFO, Charles Creasy Head of Project Development, Steve Burks Senior Metallurgical Study Consultant, and Jon Andrew VP Exploration for Namibia and Zambia; all four previously worked together on Osino's Twin Hills Gold Project. The team has begun exploration and development work at the PEA-stage Haib copper-molybdenum project in southern Namibia, including resource growth testing, metallurgical route work and environmental baseline studies. Matthew Starnes has resigned from the Board effective 1 October 2024.
ManagementKoryx Copper Announces Updated Mineral Resource for the Company’s Flagship Haib Copper Development Project in Namibia
An updated mineral resource for the Haib Copper Project in Namibia reports an indicated resource of 414Mt at 0.35% Cu (3,216 Mlbs Cu) and an inferred resource of 345Mt at 0.33% Cu (2,503 Mlbs) at a 0.25% Cu cut-off, versus the 2021 PEA's 457Mt at 0.31% indicated and 342Mt at 0.29% inferred. At a 0.5 revenue factor and 0.30% cut-off, indicated material is 116 Mt at 0.41% Cu. An 8,200m, 36-hole diamond drill program starts later in September 2024.
Resource updateKoryx Copper Makes Board Changes and Announces Management Transition – Appoints Osino Founders Heye Daun and Alan Friedman
Heye Daun has been appointed Executive Chairman and Alan Friedman Lead Independent Director of Koryx Copper, effective immediately. Jean-Luc Roy, Pierre Matte and Tim Fernback have resigned from the board, and Pierre Léveillé has stepped down as CEO while remaining President and a Director. Daun and Friedman, co-founders of Osino Resources, which was sold to Shanjin International Gold for C$368m, will lead work on the PEA-stage Haib Copper Project in Namibia, with C-Suite additions planned.
ManagementKoryx Copper Share Consolidation
Corporate
202331 releases
Koryx Copper Starts a Geophysical Survey in Zambia
Drill resultsHaib Copper: Licence Renewed
CorporateHaib Copper: Licence Renewal Update
Corporate