Northwire Canada EditionSunday, August 2, 2026
Sign inSubscribe
Northwire
⌕
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Technical Study

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

By The Northwire Desk — AI Analysis Oct 08, 2025 · 12:45 KRY · 1.45 Koryx Copper S.A.
KRY · Price

Executive Summary

  • Koryx Copper Inc. filed its completed Preliminary Economic Assessment (“PEA”) for the 100%-owned Haib Copper Project in southern Namibia, making the technical report publicly available on SEDAR+.
  • The PEA confirms a substantial mineral resource of 511 Mt Indicated and 308.9 Mt Inferred with combined copper and molybdenum grades, supporting the project's advanced development status.
  • Qualified Persons Jeremy C. Witley (MSA Group) and Werner Moeller (Qubeka Mining Consultants) have reviewed and approved the scientific and technical information in the release.

Key Details

  • Technical Report Availability: “Preliminary Economic Assessment of the Haib Copper Project, Namibia, NI 43‑101 Technical Report” dated September 4 2025 is filed on SEDAR+ (www.sedarplus.ca) and on the company website.
  • Qualified Persons:
  • Jeremy C. Witley – Head of Mineral Resources, MSA Group; independent Qualified Person for the mineral resource estimate.
  • Werner Moeller – Director & Principal Mining Engineering Consultant, Qubeka Mining Consultants; independent Qualified Person reviewing scientific/technical data.
  • Resource Summary (0.15 % Cu cut‑off):
  • Indicated: 511 Mt @ 0.33 % Cu and 51 ppm Mo → 1,668 kt contained copper & 25.9 kt Mo.
  • Inferred: 308.9 Mt @ 0.31 % Cu and 40 ppm Mo → 949 kt contained copper & 12.4 kt Mo.
  • Project Description: Large, advanced porphyry copper‑molybdenum deposit; one of few Paleoproterozoic porphyry systems globally and only two in southern Africa.
  • Historical Exploration: >80,000 m of drilling since the 1970s by Falconbridge, Rio Tinto, Teck, etc.; extensive metallurgical testing completed.
  • Forward‑Looking Statements: The release contains forward‑looking information regarding use of proceeds from recent financings and future project prospects; standard cautionary language included.

Notable Quotes

  • “On behalf of the Board of Directors – Heye Daun, President, CEO and Director.” (No additional substantive quote provided.)
Read the original news release →

More from Koryx Copper S.A.

Jun 29, 2026 · 07:00

Koryx reports wide, above-average grades from its 15-rig Haib fleet, with the prefeasibility study remaining the primary focus.

Drill Results Jun 23, 2026 · 07:00

Koryx Copper advances Zambian geochemistry and licence transfer ahead of a late-2026 drilling campaign.

Drill Results Jun 03, 2026 · 07:30

Koryx Copper optimizes the Haib flowsheet ahead of the Q4 preliminary feasibility study while shares consolidate near the $3.20 support level.

Production / Operations May 15, 2026 · 07:00

Koryx Copper Drill Results Validate Resource Upgrade as PFS Timeline Tightens

Drill Results May 08, 2026 · 16:26

Koryx Copper Files Updated Resource Report, Sets PFS Timeline Amidst Management Shuffle

Resource Estimate Mar 25, 2026 · 07:00

Koryx delivers massive resource upgrade at Haib as stripping ratio plummets, setting the stage for a Tier-1 copper development in Namibia.

Resource Estimate