Koryx Copper ( (TSE:KRY) ) has shared an announcement.
Koryx Copper Inc. has announced its plans for the 2025 exploration work program on its Zambian licenses, Luanshya West and Mpongwe, with a budget of approximately US$1.2 million. The company has completed significant preparatory work, including data compilation and site visits, and plans to commence fieldwork after the rainy season. The exploration program aims to enhance the value of Koryx’s Zambian portfolio by leveraging historical data and conducting drone magnetics and drill testing. This initiative positions Koryx to capitalize on the Zambian Copperbelt’s status as a leading copper exploration region, potentially benefiting stakeholders through increased resource development.
More about Koryx Copper
Koryx Copper Inc. operates in the mining industry, focusing on copper exploration and development. The company is primarily engaged in exploring copper deposits in the Zambian Copperbelt, part of the larger Central African Copperbelt, known for its significant copper reserves. Koryx holds a majority stake in exploration licenses in Zambia and is also developing a large-scale copper deposit in Namibia.
YTD Price Performance: -1.32%
Average Trading Volume: 11,199
Technical Sentiment Signal: Hold
Current Market Cap: $45.99M
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