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Koryx Copper Inc V.KRY

Alternate Symbol(s):  KRYXF

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

Comment by Copperking102on Nov 04, 2022 7:02pm
190 Views
Post# 35074741

RE:RE:Namibia news

RE:RE:Namibia newsIf they win their license back, and it certainly looks like the court is being given a clear runway to do so, does the company have a case to sue the ministry for lost time and expenses for this criminal act perpetrated on them?
Just dosn't seem fair that a few corrupt officials can set a companies progress back years, then the gov'mt say we're sorry and just walk away.. Somebody should be held financially responsible.
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