Koryx completes drill programme at Namibian project

Koryx completes drill programme at Namibian project

Koryx Copper has announced assay results from 18 drill holes (7 074 m) received as part of the ongoing infill and expansion drill programme on the wholly-owned Haib copper project, in southern Namibia.

Haib is a massive, disseminated porphyry copper/molybdenum/gold deposit and is envisaged to produce a copper and molybdenum concentrate via large-scale openpit mining and conventional sulphide milling and flotation.

“Consistent with our prior results, we continue to see wide intercepts across the Haib deposit, together with some notably higher-grade zones near surface, and this set of results demonstrates this well, particularly within Target Area 3 where the mine plan is scheduled to begin,” Koryx CEO and president Heye Duan says.

“With the infill and expansion drilling programme now complete, our technical team is focused on completing the geological modelling and estimation work required for the update mineral resource estimate and prefeasibility study, both of which remain on track for publication before the end of 2026,” he adds.

Source: Mining Weekly