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Koryx Copper Inc. V.KRY

Alternate Symbol(s):  KRYXD

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

Post by lelianicruzon Jan 23, 2024 6:36am
168 Views
Post# 35840299

KRY's Growth Trajectory : A Deep Dive into KRY's Vision

KRY's Growth Trajectory : A Deep Dive into KRY's Vision

Koryx Copper Inc. ($KRY) is charting a compelling growth trajectory in the mineral exploration sector, focusing on the exploration and development of quality assets in significant mineralized trends. With a market cap of $14.13 million and outstanding shares totaling 201 million, the company's strategic approach is evident in its interest in three exploration licenses in the Copperbelt in Zambia, further diversifying its portfolio.

The innovative aspect of Koryx's growth strategy lies in its proximity to infrastructure in stable countries, a key factor in mitigating operational risks. This strategic decision enhances the feasibility of future mining operations and positions Koryx as a reliable player in the industry. The current stock price of $0.07 on TSXV reflects the market's anticipation of the company's growth potential.

Koryx Copper Inc.'s commitment to embracing environmentally friendly technologies is a significant differentiator. As the company immerses itself in the green revolution, investors are increasingly drawn to its responsible approach to copper exploration and development. The amended PEA for the Haib Copper Project underscores Koryx's dedication to optimizing its projects for both economic and environmental sustainability.

PRESS RELEASE:

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