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

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Post by Yepnewpapyon Apr 21, 2021 2:24pm

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Copper market update

Here is our update on copper prices for April 2021! The copper price rose drastically on Monday, gaining nearly 2% throughout the day. And as today we see a continued trend of rallying copper prices, 2021 could very well see them reach a 9-year high. A rapid increase in demand is the reason why copper prices are rising at the moment. And some analysts have come forward with bold cooper 2021 projections, saying the red metal could average at around $11,000 per ton over the next year. That is given the fact that currently the copper prices chart is approaching $9,617 – the highest point since 2011.

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