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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 eagle35on Dec 21, 2021 3:43pm
196 Views
Post# 34251934

RE:Resolution Q1 2022.....Court decision january 2022

RE:Resolution Q1 2022.....Court decision january 2022As I mentioned on my last post, DSM is working in few fronts at the same time. Their main goal is to get Haib license reinstated asap. Speaking to Pierre last week, I can sense that the company is very confident that the license will be reinstated soon. Based on our conversation, the minister of mines acted on ill advice and was misinformed from the people in charge of reviewing the paperwork. The minister means well and he is trying to clean up all the garbage lincences that were issued to companies or individuals that do absolutely nothing with them but wait for someone to come along and sell the license for a profit. The company was trying to get a face to face meeting with the minister of mines as soon as possible, so they can plead their case and get the license back. Aside from working extremely hard on getting the license reinstated, the company is close to putting a deal together on another copper propertie. To me this is no brainer, with a bit of luck we could be at mid twenties soon. 
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