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Koryx Copper Inc. V.KRY

Alternate Symbol(s):  KRYXF

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).


TSXV:KRY - Post by User

Comment by Dfox1204on May 11, 2021 1:21pm
139 Views
Post# 33174537

RE:%% ;

RE:%% ;this is a decent grade for near surface low altitude open pit mining, especially the higher grade zone with around 145Mt. They'll get paid back and make good profit just out of the high grade deposit and the rest is bonus profit from there. 
As the drilling result proving out, the grade will only increase and the overall tonnage of the high grade zone will also increase since they just found deposit extension and the continuity between the pits. this is very possitive.
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