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GOLD 4383.90 −0.9% SILVER 66.53 −0.9% COPPER 6.79 +1.5% OIL 92.37 −3.9% PALLADIUM 1319.50 +0.0% MSC 0.020 +0.0% BRON 0.050 +0.0% ELD 59.44 −1.4% GBML 0.220 +0.0% SUM 1.59 +0.0% ABC 0.015 +0.0% ELE 30.45 +2.2% CDE 27.46 −0.7% LIB 0.990 +1.0% SLVR 1.17 +0.0% NVO 0.075 −6.2% BRO 0.235 +2.2% FMAN 0.415 +0.0% HVG 0.050 +0.0% MSV 0.540 +16.1% SCD 0.185 −2.6% GOLD 4383.90 −0.9% SILVER 66.53 −0.9% COPPER 6.79 +1.5% OIL 92.37 −3.9% PALLADIUM 1319.50 +0.0% MSC 0.020 +0.0% BRON 0.050 +0.0% ELD 59.44 −1.4% GBML 0.220 +0.0% SUM 1.59 +0.0% ABC 0.015 +0.0% ELE 30.45 +2.2% CDE 27.46 −0.7% LIB 0.990 +1.0% SLVR 1.17 +0.0% NVO 0.075 −6.2% BRO 0.235 +2.2% FMAN 0.415 +0.0% HVG 0.050 +0.0% MSV 0.540 +16.1% SCD 0.185 −2.6%
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.

Sep 18, 2026 · 07:00

Koryx Copper acquires an 80% stake in Zambia and begins maiden drilling at its newly acquired project.

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Drill Results Aug 26, 2026 · 07:00

Koryx reports 969m at 0.27% CuEq, extending the length of the economic porphyry grade without increasing the width.

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Koryx reports 831m at 0.27% CuEq extending the Haib deposit, a result the market has already priced into the project’s pre-feasibility study.

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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.

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