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 > New Press Release - DEEP-SOUTH CLARIFIES TECHNICAL DISCLOSURE

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Comment by Tree2treeon Feb 20, 2023 8:58pm

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Post# 35295521

RE:New Press Release - DEEP-SOUTH CLARIFIES TECHNICAL DISCLOSURE

Another major blow to DSM's credibility. Sorry, but somebody needs to say it.

It seems that the deficiencies in DSM's technical report are too numerous to mention, and too costly to correct.

If DSM cannot produce a valid technical report according to the NI regulations, why should anybody believe that DSM did what it had to do to maintain its exploration licence in good standing? And the timing couldn't be worse - the invalidated technical report could be a perfect excuse for the court to say that DSM didn't actually fulfill its commitments.

Are we dealing with a cowboy government, or a cowboy company, or both?

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