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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 15, 2024 10:31am
190 Views
Post# 35826821

$KRY : Riding High on Namibian Potential

$KRY : Riding High on Namibian Potential

Koryx Copper Inc. ($KRY) is catching the attention of investors as its stock trades at $0.045 on TSXV, reflecting a market cap of 9.08M with 201M outstanding shares. The jewel in Koryx's crown is the Haib Copper Project in Namibia, strategically positioned in a stable country with significant mineralized trends. With a 52-week high/low of 0.12/0.035, the stock's current valuation presents an attractive entry point for those eyeing the company's growth prospects.

Namibia's mining-friendly environment coupled with Koryx's commitment to environmentally friendly technologies makes it a compelling player in the copper sector. As global demand for copper continues to rise, Koryx's focus on quality assets and proximity to infrastructure in Namibia positions it as a key contender in the copper-driven future. Investors looking for exposure to a promising copper project should keep a close eye on Koryx as it navigates the dynamic mineral exploration landscape.

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