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Koryx Copper Inc V.KRY

Alternate Symbol(s):  KRYXF

Metals & Mining Copper
Koryx Copper Inc. is a Canadian copper development company focused on advancing the 100% owned, PEA-stage Haib Copper Project in Namibia whilst also building a portfolio of copper exploration licenses in Zambia. Haib is a large and advanced copper/molybdenum porphyry deposit in southern Namibia. The Haib Copper project, Exploration and Prospecting License 3140, is held by Haib Minerals (PTY) Ltd, a Namibian corporation fully held by the Company. It holds the option to acquire up to 80% of three large scale exploration licenses in the copper belt in Zambia. The licenses include Luanshya West project (LEL 23247), Chililabombwe project (LEL 23247), and Mpongwe project (LEL 23248). The licenses cover about 752 square kilometers in the Central African Copper belt. LEL 23247 is situated in the center of the Zambian Copper belt, which forms part of the Central African Copper belt. The three licenses sits on the same side of the Copperbelt, which hosts nine large copper mines.


TSXV:KRY - Post by User

Koryx Copper Inc
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Post by Yepnewpapyon Jan 31, 2021 12:56pm
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Post# 32431723

Cu the right metal at the right time... don't miss the train

Cu the right metal at the right time... don't miss the trainOverall, ERG foresees 2021 as the beginning of a period of strong global economic growth, with global refined copper demand growth reaching 4 to 5 percent the highest level in close to a decade.

Robust metal demand by China

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/011821-copper-price-to-rise-in-2021-analysts

Canaccord Genuity mining analysts expect Chinese stimulus to support copper demand in combination with an expected global economic recovery in 2021.

This was echoed by Bank of America. "Given the increased focus on tackling climate change, the focus of government spending will be worth following as de-carbonization is bullish metals."

https://resourceworld.com/copper-to-play-leadership-role-in-bullish-outlook-for-base-metals/

Copper to play leadership role in bullish outlook for base metals
 

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