Namibia’s Haib Copper Project, operated by Koryx Copper Inc., has once again secured its place among the world’s most significant copper drill results, cementing its reputation as one of Africa’s significant undeveloped porphyry deposits.
According to Fynd Exploration’s global copper leaderboard, Haib ranked third worldwide for the week of 27–31 October 2025, with a standout interval of 441 metres grading 0.22 per cent copper — a grade-width factor of 97 that underscores both continuity and scale.
This is not the first time the Namibian project has drawn international attention.
In August 2025, Haib topped Fynd’s global rankings with a remarkable intercept of 927 metres at 0.24 per cent Cu, one of the most extensive continuous copper intervals reported anywhere in the world that month.
The back-to-back recognition reflects the project’s technical consistency and the steady momentum of Koryx’s exploration work in southern Namibia’s ǁKaras Region, close to the Orange River and the South African border.
The oldest porphyry copper deposit
Haib holds a special place in geological history. First explored in the 1960s and often cited as the oldest known porphyry copper deposit on Earth, it represents an ancient hydrothermal system preserved in metamorphic rocks more than two billion years old. Successive exploration campaigns have confirmed that the mineralisation extends across several square kilometres, hosted in granodiorite intrusives with associated molybdenum and minor gold credits.
Today, Koryx Copper — formerly Trigon Metals — holds a 100 per cent interest in the project through its Namibian subsidiary.
More than 80,000 metres of historical and modern drilling have defined an extensive low- to medium-grade copper system suitable for open-pit development. An updated Preliminary Economic Assessment (PEA) released in 2025 refined the mine plan, processing parameters, and economic sensitivities, building on earlier technical studies and a robust resource base.
A resource built on scale
The Haib deposit hosts an indicated and inferred mineral resource totalling more than 2.2 billion tonnes at an average grade of 0.29 per cent Cu, containing roughly 6.4 million tonnes of copper metal — figures that place it among the largest copper inventories in sub-Saharan Africa.
While grades are modest by narrow-vein standards, Haib’s sheer tonnage, favourable metallurgy, and potential for phased, bulk mining operations make it highly attractive in an era of tightening global copper supply.
Recent drill campaigns have targeted depth extensions and flanking zones of the known mineralised zones, with consistent results demonstrating that copper grades remain stable over hundreds of metres.
The most recent intercepts reported in October 2025 confirm the presence of a broad, laterally continuous system with minimal structural disruption — an essential factor for low-cost open-pit extraction.
Momentum toward development
Koryx is now progressing a dual strategy of resource growth and project optimisation. Metallurgical testing has indicated recovery rates above 90 per cent using conventional flotation, while ongoing pit design work aims to lower stripping ratios and capital intensity.
The company has also initiated baseline environmental and community consultations in preparation for a Definitive Feasibility Study, the next step on the road to production.
In interviews, executives have hinted that the strong drill results and improved market conditions could accelerate financing discussions. Copper prices remain buoyant, driven by the rapid global build-out of renewable energy infrastructure and electric-vehicle manufacturing, both of which require massive amounts of conductive metals.
Haib’s prominence coincides with a broader copper revival in Namibia.
Projects such as Midas Minerals’ Otavi Copper Project, Golden Deeps’ Nosib and Abenab prospects, and the Kombat mine restart are collectively re-establishing the country’s copper credentials after a decade-long lull.
With the proper infrastructure and policy support, Namibia could soon emerge as a reliable mid-tier copper producer capable of supplying critical minerals markets in Europe and Asia.
For the government, Haib represents more than geology; it is a strategic asset that could anchor new downstream opportunities, from copper concentrate exports to refined metal and even cable manufacturing.
Recognition on the global stage
According to Fynd Exploration, Haib’s repeated presence in the global top-tier rankings is a rare achievement for an African project, demonstrating that world-class exploration results are not confined to the Americas or Australia.
Each new data point builds confidence that Haib’s enormous system can support a long-life, scalable mine capable of delivering sustainable returns.
As Namibia positions itself as a key player in the green-energy transition, Koryx’s consistent results at Haib serve as both a technical milestone and a national statement: Namibia’s copper story is far from over — in fact, it may just be beginning anew.
