Chamwe Kaira
Koryx Copper Inc. has announced assay results from six drill holes totalling 1,808 metres, completed under phase two of its 2025 exploration and development programme at the wholly owned Haib Copper Project in southern Namibia.
Haib is an advanced-stage copper, molybdenum, and gold project designed to produce clean copper concentrate through a conventional crushing, milling, and flotation process. The project also has potential for additional copper production through heap leaching.
Koryx President and CEO Heye Daun said the company’s geological understanding of the project continues to improve, supported by the work of consultant Dr Warren Pratt.
“Our geological understanding keeps improving, and with the aid of Dr Warren Pratt, our internationally renowned consultant, we are very encouraged by what we are seeing, namely not only confirmation of the previously identified higher-grade zones but also indications of additional higher-grade mineralisation along previously unappreciated east-west and north-west/south-east structures related to rubble and shear zones,” Daun said.
He said the near-surface, higher-grade intersections could not only improve the overall mineral resource estimate but also serve as a shallow, higher-grade starter pit.
“With the arrival of the first two man-portable drill rigs expected in late July, we will be able to drill test the continuity of these higher-grade structures at greater depths in the topographically more challenging areas of the deposit, which is something we very much look forward to,” he added.
Koryx is focused on advancing the Haib project in Namibia while building a copper exploration portfolio in Zambia.
The Haib deposit has a long history of exploration, with over 80,000 metres of drilling conducted since the 1970s. Past operators have included Falconbridge (1964), Rio Tinto (1975), and Teck (2014). Extensive metallurgical testing and technical studies have also been completed.
Current studies aim to position Haib as a future long-life, low-cost, and low-risk open-pit sulphide flotation copper project, with additional potential from heap leaching.
