Exciting New Drill Results at Haib Copper Project
Koryx Copper Inc. is thrilled to release additional positive results from its ongoing drilling activities at the Haib Copper Project. The latest assay results cover 9 drill holes and encompass a total of 4,007 meters of diamond drilling, showcasing consistent results across the project and highlighting several zones of higher-grade mineralization.
Key Highlights from the Latest Drill Result
Among the significant findings, the latest drill holes reveal excellent localized higher-grade zones that could potentially allow for more profitable mine scheduling within the broader mineral resource framework. The following notable intercepts were recorded:
Drill Hole Intercepts
- HM103: 74 meters at 0.36% Cu from 66 to 140 meters, including 16 meters at 0.56% Cu from 106 to 122 meters.
- HM102: 19 meters at 0.64% Cu from 204 to 223 meters.
- HM107: 18 meters at 0.45% Cu from 12 to 30 meters.
- HM104: 26 meters at 0.36% Cu from 220 to 246 meters and 214 meters at 0.34% Cu from 272 to 486 meters.
- HM101: 62 meters at 0.31% Cu from 0 to 62 meters and 66 meters at 0.37% Cu from 254 to 320 meters.
Advancements and Future Prospects
Recently, Koryx Copper has further strengthened its drilling program with the addition of two new drill rigs, bringing the total to 12 active rigs at the site. Efforts are being intensified on the Pre-Feasibility Study (PFS), including pit and civil geotechnical drilling along with ongoing infill and expansion drilling initiatives.
Resource Estimation Efforts
The company is concurrently working on geological modeling and mineral resource estimation, aiming to publish an updated Mineral Resource Estimate (MRE) by early 2026. This updated estimate will incorporate results of the ongoing drilling, enhanced geological interpretation, and insights gained from the current drilling campaign. With advancements in the resource conversion process, the presence of localized areas of higher-grade material, such as the notable 19 meters at 0.64% Cu intercepted by hole HM102, underscores the potential for upgrades in the resource model.
About Koryx Copper Inc.
Koryx Copper Inc. is dedicated to advancing its Haib Copper Project, a significant copper/molybdenum deposit situated in Namibia. Currently classified as PEA-stage, the project has promising potential for large-scale copper production via traditional methodologies as well as heap leaching processes.
With a robust base of over 80,000 meters of drilling conducted since the 1970s, Koryx Copper aims to position Haib as a future long-life, low-cost copper mining project. Recent studies indicate a total mineral resource of approximately 511 million tons at an average grade of 0.33% Cu, alongside significant Molybdenum components.
Commitment to Quality Assurance
The company prioritizes rigorous quality control measures. Every drill core is meticulously logged, photographed, and sampled at accredited labs to ensure the integrity of results. An extensive quality assurance/quality control (QA/QC) process involving duplicate samples, blanks, and standards is part of Koryx's operational protocols, reinforcing the reliability of data.
Frequently Asked Questions
1. What are the main findings from the latest drill results?
The latest results highlight several significant intercepts of copper mineralization, with localized zones indicating potential for higher-grade mining schedules.
2. How many drill rigs are currently operational at Haib?
Currently, there are 12 active drill rigs at the Haib site, enabling robust exploration and resource estimation activities.
3. What is the expected timeline for the updated Mineral Resource Estimate?
Koryx Copper aims to publish the updated Mineral Resource Estimate by early 2026.
4. How does Koryx Copper ensure the quality of its drilling data?
The company implements strict QA/QC protocols, including the use of duplicate samples and accredited laboratories for analysis.
5. What is Koryx Copper's long-term vision for the Haib Project?
Koryx Copper is focused on establishing Haib as a long-life, low-cost copper mining project, with potential for expanding copper production through heap leaching methods and optimized resource management.
