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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

Post by lelianicruzon Jan 10, 2024 11:29am
130 Views
Post# 35819424

$KRY : Unveiling the Potential of the Haib Copper Project

$KRY : Unveiling the Potential of the Haib Copper Project

In the bustling world of mineral exploration and development, Koryx Copper Inc. ($KRY) emerges as a promising player with its strategic focus on quality assets in mineralized trends. Currently trading at $0.045 on TSXV, Koryx boasts a market cap of 9.08M and outstanding shares of 201M. The 52-week high/low stands at 0.12/0.035, reflecting the volatility and potential opportunities for investors.

At the forefront of Koryx's portfolio is the Haib Copper Project in Namibia, a testament to the company's commitment to exploring and developing resources in stable countries. With an additional interest in three exploration licenses in Zambia's Copperbelt, Koryx positions itself strategically in regions rich in mineral wealth.

The company's growth strategy aligns with the green revolution, emphasizing the use and assessment of environmentally friendly technologies in the development of its copper projects. This commitment not only reflects Koryx's dedication to sustainable practices but also positions it favorably in an era where environmental consciousness is a key consideration for investors.

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