Koryx Copper Announces Further Positive Drill Results at the Haib Copper Project, Southern Namibia

Core Insights - Koryx Copper Inc. announced positive assay results from 9 drill holes totaling 4,007 meters as part of its exploration and project development strategy for the Haib Copper Project in Namibia, reinforcing the project's strong fundamentals [2][4][5] Drill Results Summary - The latest drill results confirm consistent copper grades over wide intercepts, with notable intersections including 214 meters at 0.34% Cu and localized higher-grade zones such as 19 meters at 0.64% Cu [4][5] - The drilling program is progressing with 12 active rigs on site, focusing on resource conversion and geotechnical drilling in preparation for the Preliminary Feasibility Study (PFS) [5][28] - Geological modeling and mineral resource estimation are ongoing, with an updated mineral resource estimate expected to be published by the end of January 2026 [25][26] Project Overview - The Haib Copper Project is an advanced-stage, open-pit porphyry copper/molybdenum/gold project, characterized by its world-class geological scale and technical simplicity [3][31] - The current mineral resource includes 511 million tonnes at 0.33% Cu in the Indicated category and 308.9 million tonnes at 0.31% Cu in the Inferred category [33] Future Plans - The company is engaged in completing an updated mineral resource estimate that will incorporate gold and molybdenum by-product credits, enhancing the geological interpretation of the Haib deposit [4][25] - Ongoing engineering and metallurgical studies are being conducted to support the project's development, including assessments of power, water, infrastructure, and transport logistics [5][25]