Koryx Copper S.A. has reported assay results from 15 drill holes comprising 6,825 metres of infill and expansion drilling at the Haib Copper Project in southern Namibia, highlighted by an interval of 318 metres grading 0.49% copper equivalent from hole HM178.

The latest batch forms part of an infill drill program at the copper, molybdenum and gold project. Hole HM178 intersected the broad mineralised zone from 162 metres to 480 metres downhole, incorporating higher-grade sections such as 10 metres at 1.15% copper equivalent from 214 metres.

Additional standout intersections include hole HMRC008, which returned 12 metres at 2.55% copper equivalent from surface, including a 2-metre section grading 8.38% copper equivalent from 4 metres. Hole HM179 intersected 32 metres at 1.06% copper equivalent from 224 metres downhole in the southern portion of Target 2, located approximately 70 metres south of the current copper model.

“We continue to receive excellent drill assay results from our PFS infill drill program which has recently concluded. Once again, most of the drill results display very wide intercepts, including some high grades from surface. Whilst drilling has completed, assay results are still coming in and further results are expected in the next few weeks. The geological modelling and estimation for the updated MRE and PFS has commenced and we are on track to publish an MRE update and PFS study results before the end of 2026. We are very excited about how the PFS technical work is unfolding and we expect the PFS to describe a significantly optimized and improved project scope with corresponding improvements in the technical and economic metrics of the Haib copper project.”

— Heye Daun, President & CEO

The Haib deposit has seen substantial historical work, with more than 155,000 metres of drilling conducted since the 1970s by previous operators including Falconbridge, Rio Tinto, and Teck.

With the infill drilling program now concluded, geological modeling and resource estimation have commenced. Koryx Copper is expecting further assay results from the remaining pending core samples in the coming weeks ahead of the planned Mineral Resource Estimate update and Pre-Feasibility Study publication before the end of 2026.

Read the full announcement: Koryx Copper Announces Further Drill Results at the Haib Copper Project in Southern Namibia