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Koryx Copper Inc. has released another set of strong assay results from its ongoing drilling campaign at the Haib Copper Project in southern Namibia, reinforcing confidence in what is considered one of the world’s oldest and largest undeveloped porphyry copper systems. The latest results cover 17 diamond drill holes totalling 5,556 metres under the Phase 2 and 3 programmes aimed at refining the Mineral Resource Estimate (MRE) and advancing Haib toward future development. The data confirms broad and consistent copper and molybdenum mineralisation across all four target zones, with several intercepts exceeding the project’s average resource grade.
Key intervals included 40 metres at 0.37% Cu and 116 metres at 0.36% Cu in hole HM96, 50 metres at 0.33% Cu in HM76, and 96 metres at 0.31% Cu in HM79. Other highlights included 12 metres at 0.49% Cu in HM81, 34 metres at 0.35% Cu in HM83, 30 metres at 0.33% Cu and 92 metres at 0.32% Cu in HM86, and 52 metres at 0.36% Cu and 46 metres at 0.34% Cu in HM91. According to President and CEO Heye Daun, the broad spread of locations represented in these results demonstrates the strength of the mineralised system. “Encouragingly, the holes continue to yield consistently positive results and support the mineral resource at Haib,”said Daun.
Koryx’s geological team has completed a full relogging of available drill core, resulting in a refined lithological and structural interpretation of the deposit. The updated geological model incorporates copper, molybdenum and gold distribution and will underpin an updated MRE expected before the end of 2025. Current drilling continues to delineate broad copper zones ranging between 0.3% and 0.6% Cu, with higher-grade intervals hinting at structural and lithological controls that could improve early stage project economics and help define potential starter pits.
Exploration activity at Haib is set to accelerate further. Four additional man-portable rigs have arrived in Namibia and are being mobilised to site, bringing the total fleet to eight rigs for resource drilling and two geotechnical rigs by October 2025. Recent drilling across Haib’s four target zones has also sharpened geological understanding, including shallow-dipping mineralisation near the Volstruis River, near-surface high grades in the second target area, refined boundaries of copper-bearing porphyritic andesites in the third zone, and deeper extensions with molybdenum-rich intervals in the fourth, where grades of up to 2,000 ppm Mo have been reported.
Haib, located in Namibia’s //Karas Region near the Orange River, is envisaged as a large-scale copper operation with a dual processing route, producing copper concentrate through conventional milling and flotation, while also assessing the potential to recover additional copper through heap leaching. Koryx aims to complete the datasets required to progress Haib to a prefeasibility-level study in 2026, building on the August 2024 MRE, which already positioned the project as a globally significant porphyry system. With a strengthened drilling fleet, expanding geological knowledge and consistently positive results, the company is moving one of Namibia’s most historic copper deposits toward a new phase of development.
