Koryx Copper Provides Further Drill Results for the Haib Copper Project in Southern Namibia
Koryx reports wide, above-average grades from its 15-rig Haib fleet, with the prefeasibility study remaining the primary focus.
Koryx Copper S.A. (KRY) has released assay results for 15 holes totaling 5,351 meters from its ongoing infill and expansion program at the wholly-owned Haib copper-molybdenum-gold porphyry project in Namibia.
Headline intercepts include: * 714 m @ 0.31% CuEq * 584 m @ 0.34% CuEq * 428 m @ 0.35% CuEq
All three intervals start from surface. Several holes contain internal intervals above 0.5% CuEq. The release notes local tungsten presence, higher gold grades reaching up to 1.96 g/t over 2 meters, and strong molybdenum values, such as 945 ppm Mo over 18 m in a prior hole, with molybdenum also elevated in the new holes.
The company’s Preliminary Feasibility Study is on track for publication before the end of 2026.
Koryx Copper S.A. (KRY) released an incremental drill update that confirms the scale and continuity of the Haib deposit, with composite grades exceeding the global resource average. The results include new tungsten intercepts, though these have not yet been quantified for resource or economic purposes.
The market has already absorbed a series of similar releases in February, March, and May 2026, as well as a major resource update in March 2026 that boosted contained copper by approximately 35% and reduced the strip ratio to 0.92×. No resource upgrade or economic revision is tied to this latest news.
Koryx Copper S.A. (TSXV: KRY) is a Canadian-based copper developer whose wholly-owned Haib Copper Project in southern Namibia hosts a large, near-surface porphyry Cu-Mo-Au deposit. The most recent mineral resource estimate, effective March 2026, delineates 744 million tonnes of indicated resources grading 0.40% CuEq (0.28% Cu, 63 ppm Mo, 0.02 g/t Au) and 579 million tonnes of inferred resources grading 0.39% CuEq (0.24% Cu, 66 ppm Mo, 0.02 g/t Au).
At a low-grade cut-off of greater than 0.15% Cu, the indicated tonnage stands at 744 million tonnes and the inferred tonnage at 579 million tonnes, significantly expanding total contained copper. The stripping ratio was reduced to 0.92x. The company is targeting a large-scale open-pit operation producing approximately 92,000 tonnes per annum of payable copper, based on a 2025 preliminary economic assessment, which is now being optimized toward a pre-feasibility study. Additionally, Koryx holds a 51% interest in two Zambian early-stage licenses, Luanshya West and Mpongwe, with an option to earn up to 80%.