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 grade over large intercepts and include: HM52: 146m @ 0.53% CuEq HM56: 191m @ 0.47% CuEq HM43: 141m @ 0.45% CuEq HM35: 126m @ 0.40% CuEq HM54: 38m @ 0.45% CuEq HM55: 106m @ 0.37% CuEq and 80m @ 0.58% CuEq [...]
Koryx Copper Inc. is pleased to announce that it has been recognized as one of the 2025 top 50 performers on the TSX Venture Exchange , based on an outstanding 400% share price appreciation and 737% market capitalization growth in 2024. The Company was ranked in the top 10 mining companies in the category. The 50 companies on the list delivered an average share price appreciation of 207% to investors in 2024, up from 121 [...]
Highlights Large-scale, C$20M technical program to be completed during 2025. Transforming Haib into a top-tier, high quality, low risk copper development project. Multi-phase, >55,000m drill program to be completed during 2025. Drilling underway with 3 drill rigs ramping up to 6 rigs and double shifting to maximize drilling rates. Phase 2 metallurgical test work underway, with results expected in Q1 2025. DRA Global [...]
Koryx Copper Inc. is pleased to announce that it has appointed Heye Daun as President and Chief Executive Officer and Trevor Faber as Chief Operating Officer . Heye Daun will also retain his board position as Chairman and Pierre Léveillé steps down as President and remains on the Board as Executive Director. Heye Daun, incoming President & CEO of Koryx Copper commented: "As Koryx has completed its private placement of [...]
Not for distribution to U.S. news wire services or dissemination in the United States. Highlights Closing third tranche in amount of C$3.1m, bringing the total raised in this financing to C$18m. An 8,200m Phase 2 follow-up drill program has commenced, testing and extending previously identified areas of higher grade mineralisation which are believed to have some structural controls. Metallurgical testwork sampling towards [...]
Koryx Copper Inc. is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement raising $5,200,892.40 for the sale of 4,728,084 common shares of the Company at a price of $1.10 per Share. As announced on October 15, 2024, the first tranche of the Offering consisted of gross proceeds of $9,668,463.20 for the sale of 8,789,512 Shares Shares at a price of $1.10 per [...]
Koryx Copper Inc. is pleased to announce that it has publicly filed its new technical report with an updated mineral resource estimate titled, "NI 43-101 Technical Report - August 2024 Mineral Resource Estimate for the Haib Copper Project, Namibia" with an effective date of August 31, 2024 and a report date of October 23, 2024 . The Technical Report was prepared for the Company by The MSA Group Ltd., authored by Jeremy C [...]
Koryx Copper Inc. is pleased to announce that it has closed the first tranche of the previously announced non-brokered private placement on October 11, 2024 raising gross proceeds of $9,668,463.20 for the sale of 8,789,512 common shares of the Company at a price of $1.10 per Share. The Company further announces that it has increased the size of the Offering to raise combined gross proceeds, , of up to $17 million in [...]
Koryx Copper Inc. is pleased to announce that it has received commitments for CAD$10,000,000 proceeds pursuant to a non-brokered private placement for the sale of up to 9,090,910 common shares of the Company at a price of $1.10 per Share. The Offering is subject to TSX Venture Exchange approval, and all Shares issued under the Offering will be subject to a four month hold from the date of issuance. No new control person [...]
Koryx Copper Inc. announces the appointment of a highly experienced technical and management team who will implement the fast-tracked development of the Haib Copper Project in Namibia. This multi-disciplinary team has worked together successfully for many years advancing Osino's Twin Hills Gold Project and is already in place to drive the continued advancement of Koryx assets in Namibia and Zambia. Highlights Tony da [...]
Koryx Copper Inc. today announced an updated resource statement for the Haib Copper Project completed by the Company's independent technical consultant MSA Group following all results being received from the 2024 drilling program. Highlights Indicated mineral resource of 414Mt @ 0.35% Cu for 3,216 Mlbs Cu at 0.25% cut-off Inferred mineral resource of 345Mt @ 0.33% Cu for 2,503 Mlbs at 0.25% cut off Sensitivities at 0.3 [...]
Koryx Copper Inc. announces the appointment of Mr. Heye Daun as Executive Chairman and Mr. Alan Friedman as Lead Independent Director of Koryx, effective immediately. Furthermore, Mr. Jean-Luc Roy, Mr. Pierre Matte and Mr. Tim Fernback have resigned from the Board of Directors. Mr. Pierre Léveillé steps down as CEO but remains President and Director of the Company. All the changes are effective immediately. Pending the [...]