Koryx Files Updated PEA for the Haib Copper Project, Southern Namibia

Core Insights - Koryx Copper Inc. has filed the Preliminary Economic Assessment (PEA) for its Haib Copper Project in Namibia, which is a significant step in advancing the project [1][7] - The PEA results were previously announced on September 4, 2025, and the technical report is publicly accessible on SEDAR+ [1][7] Company Overview - Koryx Copper Inc. is a Canadian copper development company focused on the Haib Copper Project, which is 100% owned by the company, and is also building a portfolio of copper exploration licenses in Zambia [4] - The Haib Copper Project is characterized as a large, advanced copper/molybdenum porphyry deposit with a long history of exploration and development by various operators [4] Mineral Resource Details - The current mineral resource at the Haib Copper Project includes 511 million tonnes (Mt) at 0.33% copper (Cu) and 51 parts per million (ppm) molybdenum (Mo), equating to 1,668 thousand tonnes (kt) of contained copper and 25.9 kt of contained molybdenum in the Indicated category [5] - Additionally, there are 308.9 Mt at 0.31% Cu and 40 ppm Mo, representing 949 kt of contained copper and 12.4 kt of contained molybdenum in the Inferred category [5] Geological Characteristics - The mineralization at Haib is typical of a porphyry copper deposit and is one of the few Paleoproterozoic porphyry copper deposits globally, as well as one of only two in southern Africa [6] - The deposit has undergone multiple metamorphic and deformation events but retains classic mineralization features, primarily consisting of chalcopyrite with minor bornite and chalcocite [6]