Drilling Program Continues At The Haib Copper Project

VANCOUVER - Koryx Copper Inc. reported its current drilling program at its Haib Copper project in southern Namibia.  The Company’s latest four drill holes continue to confirm that the deposit can deliver high grades over substantial widths within the known historical resource.

Pierre Léveillé, President & CEO, said, “Those results are very positive and they are well above the Indicated Resource average grade at 0.31% Cu of the the previous Mineral Resource Estimation. We are highly satisfied with those results that add value to the deposit.”

The 3 holes for which assay results are reported here, cover 430.20 metres with all 3 holes drilled in centre of the Pit 1 target area. These holes were positioned to close the sample spacing of the previously identified shallow higher grade mineralisation in the Pit 1 area, and to better define and understand the geometry of mineralisation controls.

Since the resumption of drilling in October 2023, 22 holes have been completed totaling 4,043 m. All 22 holes have been sampled and submitted to ALS for assaying with the results of 9 holes (1,107 samples) received to date from ALS. A further 5 boreholes (1,000m) remain to be drilled from the current program, 4 of which expand are intended to trace the Pit 1 mineralization in the Pit 2 target area.

At 1.8 billion years (Archean), the Haib Copper Deposit is one of the oldest deposits in the world. Over time, it has seen several transformations including shearing and faulting events that appear to have further concentrated Cu and Mo. A number of these mineralized structures have been identified in the Pit 1. The revised drilling program looks to close the sample spacing in the Pit 1 area and better delineate the extent and grades of these.