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.

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Koryx Copper Inc > Infill Drilling Program

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Post by aogoogson Mar 12, 2021 7:59am

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Post# 32783510

Infill Drilling Program

As we get closer to information about the current drilling program it seems that if they are able to raise average grade from .31% to even .36% it would raise post tax NPV to US$1.51 billion at copper price of $3.50. This would be incredible for a company with a maket cap of under CAD$30 million. Would appreciate it if someone could explain if this is incorrect.
Thanks -AO

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Advancing flagship Ishkõday Gold Project in Ontario