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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 25, 2024 6:57am
202 Views
Post# 35844468

Koryx Copper: Impressive 0.49% Cu Eq Over 202m in Namibia

Koryx Copper: Impressive 0.49% Cu Eq Over 202m in Namibia
Embark on a journey into the thriving world of copper exploration with Koryx Copper Inc. ($KRY). Currently trading at $0.075 on the TSXV, this mineral exploration and development company boasts a market cap of $15.14 million, backed by an outstanding share count of 201 million. The 52-week high/low of $0.12/$0.035 reflects the dynamic nature of Koryx's stock performance.
 
Koryx recently made waves by intersecting 202 meters at 0.49% Cu Eq, including an impressive 4 meters at 2.37% Cu Eq and 94 meters at 0.61% Cu Eq at its Haib Deposit in Namibia. This accomplishment underscores the company's commitment to quality asset exploration and development in mineral-rich regions.
 
As part of its growth strategy, Koryx focuses on significant mineralized trends, particularly in proximity to infrastructure in stable countries. The company's flagship Haib Copper Project in Namibia, along with exploration licenses in the Copperbelt in Zambia, positions Koryx as a key player in the global copper market.
 
In line with modern environmental consciousness, Koryx is committed to employing environmentally friendly technologies in its copper projects, aligning with the green revolution. This commitment not only ensures responsible resource development but also positions Koryx as a gateway to a copper-driven future.

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