Koryx Copper Inc. has appointed Heye Daun as President and Chief Executive Officer and Trevor Faber as Chief Operating Officer. Daun will also retain his board position as chairman, and Pierre Léveillé will step down as president and remain on the board as executive director.
Daun said that Koryx has completed its private placement of US$18 million and is more than sufficiently financed to conduct Phase 2 of its drilling and start operations.
He said he is honoured to be appointed president and CEO, which more accurately represents my day-to-day role of managing the company.
According to Daun, Trevor is a highly experienced mining engineer and projects specialist with a wealth of experience, especially in African copper and base metals projects.
Daun added that they are also delighted that Pierre Léveillé remains the company’s executive director.
“After investing a very significant amount of our capital into Koryx earlier in 2024, and with the continued strong financial support from family members and close associates, Alan Friedman and I, together with the rest of the Board and executive management, look forward to leading and implementing our vision for Koryx Copper,” Daun said.
Daun also said the vision is to demonstrate the technical and economic feasibility of the Haib Copper Project as the next excellent copper development asset in Africa.
“We plan to achieve this by financing the company, building a competent management team and then permitting and advancing the project to construction readiness in as short a timeframe as possible,” Daun said.
