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Koryx Copper ( (TSE:KRY) ) has shared an update.
Koryx Copper Inc. has reported encouraging results from its Phase 2 drill program at the Haib Copper Project in Namibia, revealing higher-grade copper equivalent assays than the current mineral resource estimates. The ongoing exploration efforts aim to improve the mineral resource grade and guide future drilling plans. The company is intensifying its geological efforts and infrastructure to expedite its 55,000-meter drill program, with expectations that 2025 will be pivotal in advancing the Haib Project towards economic and technical feasibility.
More about Koryx Copper
Koryx Copper Inc. is a company operating in the mining industry, focused on copper, molybdenum, and gold extraction. The company is engaged in developing the Haib Copper Project in southern Namibia, which is an advanced-stage, low-cost, low-risk open pit project aimed at producing clean copper concentrate through conventional metallurgical processes.
YTD Price Performance: 13.82%
Average Trading Volume: 7,019
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $53.72M
For an in-depth examination of KRY stock, go to TipRanks’ Stock Analysis page.
