Koryx Copper Announces Multiple Higher-Grade Drill Results Over Wide Intercepts at the Haib Copper Project, Southern Namibia

Highlights

2 days Ago


Highlights Completed 17 drill holes out of a planned 37 holes in Phase 2 for 4,759m of diamond drilling. Assay results received have significantly higher Cu-equivalent grade than the average mineral resource estimate (β€œMRE”) grade over large intercepts and include: HM52: 146m @ 0.53% CuEq (112 - 258m) HM56: 191m @ 0.

47% CuEq (72 - 263m) HM43: 141m @ 0.45% CuEq (202 - 343m) HM35: 126m @ 0.40% CuEq (16 - 142m) HM54: 38m @ 0.

45% CuEq (14 - 52m) HM55: 106m @ 0.37% CuEq (0 - 106m) and 80m @ 0.58% CuEq (138 - 218m) These and the remaining assay results are tabulated in Table 1 below.

Assay results for a further 7 out of 17 completed holes are expected within the next 3 weeks. 4 drill rigs (2 track-mounted and 2 man portable) are currently drilling on site with a further 4 man-portable rigs expected to be mobilised during Q2. The Phase 2 drill program objective is to investigate the controls and continuity of higher-grade mineralisation within the Haib system and guide the design of the follow-up drill programs.

This program will be followed up by Phase 3 and Phase 4 drilling throughout 2025 and will be used to validate, confirm and upgrade the MRE. VANCOUVER, British Columbia, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Koryx Copper Inc.

(β€œ Koryx ” or the " Company ") (TSX-V: KRY) is pleased to announce assay results from 10 boreholes (2,542m) received as part of the Phase 2 drill program for its 2025 exploration and project development strategy for its wholly-owned Haib Copper Proje.

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