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Koryx Copper ( (TSE:KRY) ) has issued an announcement.
Koryx Copper Inc. has announced positive drill assay results from its ongoing exploration at the Haib Copper Project in Namibia, extending mineralization into areas previously considered waste. The company is advancing its drilling program with the addition of more drill rigs and is conducting trials to improve processing efficiency. An updated Preliminary Economic Assessment (PEA) is set to be published, aiming to position the Haib project as a large-scale, low-risk, low-cost operation, transitioning from a previously high-risk bacterial heap leaching approach to a conventional milling and flotation process.
The most recent analyst rating on (TSE:KRY) stock is a Buy with a C$3.00 price target. To see the full list of analyst forecasts on Koryx Copper stock, see the TSE:KRY Stock Forecast page.
More about Koryx Copper
Koryx Copper Inc. is a mining company focused on the exploration and development of copper, molybdenum, and gold projects. The company is primarily engaged in the Haib Copper Project in southern Namibia, which aims to produce copper concentrate through conventional milling and flotation processes, with potential additional production via heap leaching.
Average Trading Volume: 112,107
Technical Sentiment Signal: Buy
Current Market Cap: C$94.41M
See more insights into KRY stock on TipRanks’ Stock Analysis page.