Koryx Copper Inc. has reported impressive new assay results from six diamond drill holes totaling 1,808 m at its Haib Copper Project in southern Namibia, part of its ambitious 2025 Phase 2 program. Results continue to confirm and expand higher-grade zones across multiple targets.
Among the standout intercepts are 88 m at 0.41% Cu from 12 m at HM73, and a remarkable 228 m at 0.34% Cu starting from 270 m. Other results include 46 m at 0.38% Cu at HM68, 14 m at 0.52% Cu from 172 m, and 60 m at 0.39% Cu. HM74 returned 46 m at 0.36% Cu near surface, while HM69 delivered 8 m at an impressive 0.97% Cu and 14 m at 0.46% Cu. Additional intercepts include 46 m at 0.41% Cu at HM70 and 8 m at 0.39% Cu at HM71.
The company noted that many results show grades higher than the average Mineral Resource Estimate (MRE) over large intercepts. Molybdenum and gold assays continue to demonstrate by-product credits that will be included in the next MRE update, expected to improve the average copper-equivalent grade.
To date, Koryx has completed 11,100 m of a planned 28,000 m drill target for 2025. Drilling is progressing well, with two quality contractors operating track-mounted rigs on-site. To tackle the Haib project’s steep valleys and rugged terrain, four man-portable drill rigs are being mobilized—two expected by end-July 2025 and two more by October.
Company President and CEO Heye Daun welcomed the new results and highlighted the improved geological understanding taking shape with the help of Dr. Warren Pratt, an international porphyry specialist. “We are very encouraged by what we are seeing,” said Daun, pointing to confirmation of previously identified higher-grade zones and evidence of additional mineralisation along east-west and northwest-southeast structures linked to breccias and shear zones.
“These near-surface, higher-grade intersections are very important,” Daun explained, “as they may not only improve the grade of the overall mineral resource estimate but also have the potential to serve as a shallow, higher-grade starter pit along this structure.” With the arrival of the first man-portable rigs, Koryx plans to test these promising zones at greater depth in the topographically challenging areas of the deposit.
The drilling strategy reflects detailed ongoing work. At Target 2, hole HM73 confirmed that surface mineralisation is horizontally about 50 m wider than previously modeled, with the main deeper high-grade zone shown to extend closer to surface by 150 m. At the transition zone between Targets 2 and 3, HM70 expanded the higher-grade area southwest by 100 m.
At Target 4, HM68 and HM69 confirmed near-surface extensions of mineralisation seen in historical drilling, while HM71 and HM74 refined the understanding of the zone’s geometry. The results underscore the value of inclined holes in better modeling Haib’s complex mineralisation.
Meanwhile, surface mapping led by Dr. Pratt and Koryx’s geological team has confirmed strong shallow northeast-dipping structural controls on higher-grade mineralisation, particularly in Target 1 and newly recognized zones in Target 2. These shear zones, associated with breccias, are now considered prime drill targets to define further high-grade copper mineralisation using southwest-oriented holes.
Koryx says this ongoing integration of drilling, mapping, and detailed relogging of core is steadily advancing the company’s understanding of Namibia’s oldest porphyry copper deposit—positioning the Haib Project to deliver a clearer, higher-grade resource model in the coming months.
