Koryx Copper Reports Promising Drill Results at Haib Project

Koryx Copper ( (TSE:KRY) ) just unveiled an update.

Koryx Copper Inc. has announced promising drill results from its Phase 2 exploration at the Haib Copper Project in Namibia. The results show higher copper grades than the average mineral resource estimate, indicating potential for expanded mineralization. The company is advancing its geological modeling and technical studies, with plans to enhance drilling capacity and update its technical report by late 2025. These developments are expected to bolster Koryx Copper’s operational capabilities and strengthen its position in the mining sector, with significant implications for stakeholders as the project progresses.

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 company operating in the mining industry, focusing on the exploration and development of copper, molybdenum, and gold projects. Their primary project, the Haib Copper Project, is located in southern Namibia and aims to produce copper concentrate through conventional metallurgical processes, with potential for additional production via heap leaching.

YTD Price Performance: -2.06%

Average Trading Volume: 57,401

Technical Sentiment Signal: Hold

Current Market Cap: C$66.65M

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