Koryx Copper Inc. V.KRY

Alternate Symbol(s): KRYXF

Metals & Mining Copper

Koryx Copper Inc. a Canada-based mineral exploration and development company. The Company is in the business of exploring and evaluating mineral properties located in Africa. Its Haib copper project is located in the south of Namibia. The Haib project lies approximately 12 to 15 kilometers (km) east of the main tarred interstate highway connecting South Africa and Namibia and the nearest railway station is at Grunau, approximately 120 km north on the main highway. It also holds three copper exploration licenses in the center of the Zambian Copper belt, which includes Luanshya West project (license 23246), Chililabombwe Project (license 23247), and Mpongwe project (license 23248). The license 23246 covers approximately 5,423.26 hectares (54.24 square kilometers (Km2)). The license 23247 covers approximately 2,200 hectares (22.5 km2). The license 23248 covers approximately 67,500 hectares (675 Sq. Km).

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Koryx Copper Inc. > Redcloudfs target price of $2.00

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Comment by aogoogson Mar 26, 2021 7:43am

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Post# 32884582

RE:RE:RE:RE:Redcloudfs target price of $2.00

Yes it will be an open pit mine. Nearby power with a study this year on the impact that adding solar might have on reducing power costs. Nearby transport infrasturcture. Besides those costs are taken into account in the PEA which has a capex to start of ~$350 million and a NPV post tax of $1.6 billion. All for a company that still has a market cap under $30 million and massive potential resource upside.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle