Koryx Copper Reports Strong New Drill Results at Haib Project in Namibia

The latest announcement is out from Koryx Copper ( (TSE:KRY) ).

Koryx Copper reported further significant assay results from 13 infill and step-out diamond drill holes totaling nearly 5,000 metres at its Haib Copper Project in southern Namibia, including several long, higher-grade copper equivalent intercepts that exceeded expectations in key target areas. The company now has 12 drill rigs operating on site, is mobilising additional track-mounted rigs to speed up drilling, and has completed updated geological modelling and grade estimation, including molybdenum and gold by-products, ahead of an updated mineral resource estimate.

The drilling campaign, part of the Phase 2 and 3 infill and expansion program underpinning Koryx’s 2026 exploration and project development strategy, is intended to strengthen and expand the resource base of the Haib deposit and support key technical studies. Management highlighted that the encouraging widths and grades from both infill and step-out holes reinforce the robustness of the deposit and provide momentum as extensive metallurgical and infrastructure work continues toward a planned pre-feasibility study that would further de-risk and advance the project’s development pathway.

The most recent analyst rating on (TSE:KRY) stock is a Buy with a C$5.50 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 Canadian mineral exploration and development company focused on advancing the Haib Copper Project in southern Namibia, a large-scale open-pit sulphide copper, molybdenum and gold porphyry deposit. The project is designed as a long-life, low-cost operation producing copper concentrate through a conventional crushing, milling and flotation process for global metals markets.

YTD Price Performance: 31.38%

Average Trading Volume: 233,311

Technical Sentiment Signal: Buy

Current Market Cap: C$367M

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