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 > Red flag oranjes River?

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Comment by CopperKing101on Jun 13, 2021 8:25pm

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Post# 33379940

RE:Red flag oranjes River?

HuberPeter wrote:
DSM need a huge amount of water. The river crossed some countries and a agreement will be very difficult.

https://en.m.wikipedia.org/wiki/Orange_River

Interesting would be if there is an option B if it doesn't work in the mid-term future.

peter

CEO has addressed this situation and remains confident that the Nambian draw that's already in place as a 3 or 4 country allotment plan will be available to service their needs. Seems as though another mine site in the region is closing down as their ore is exhausted, thus leaving their allotment open to use. Still, would need to be piped in, about 15 kilometers, but that's already factored in.

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