08:58 AM EDT, 10/28/2025 (MT Newswires) -- Koryx Copper ( KRYXF ) Tuesday released assay results from its Phase 2 and 3 drill program at the Haib copper project in southern Namibia.
Haib is an advanced-stage project expected to produce a copper concentrate via a conventional crusshing/milling/flotation metallurgical process, with the potential for additional copper production via heap leaching.
The results are consistent and confirmed mineralization in the target areas, with copper grades in line with or exceeding the average mineral resource estimate.
Highlights of the results include 40 meters at 0.37% copper, 116 meters at 0.36% copper, 50 meters at 0.33% copper, 7 meters at 0.37% copper, 36 meters at 0.33% copper, and 96 meters at 0.31% copper.
The updated models integrating the results are being reviewed with the goal of updating and publishing an updated mineral resource estimate by the end of the year.
"The recent batch of 17 assay results represents a good spread of locations across the entire mineralised system, and from each of the four defined target areas," said Koryx president and CEO Heye Daun. "Encouragingly, the holes continue to yield consistently positive results and support the mineral resource at Haib."