• Home
  • News
  • Magazine
    • Current Edition
    • Previous Editions
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item
Wednesday, August 26, 2026
  • Login
The Extractor Magazine
  • Home
  • News
    • All
    • Africa
    • Biofuels
    • Climate
    • Copper
    • Exploration
    • Lithium
    • Minerals
    • Mining
    • Namibia
    • Nickel
    • Oil & Gas
    • Precious Metals
    • RIGS & VESSELS
    • Silver
    • Uranium
    John Borshoff leaves behind a US$6b legacy in Namibia and Malawi

    Forsys becomes Asarian Energy on NSX from Wednesday

    ReconAfrica targets October for 1,000m horizontal test at Kavango West

    ReconAfrica targets October for 1,000m horizontal test at Kavango West

    Tower Resources invited to enter first renewal period of PEL 96 in Walvis Basin

    Tower waits on minister’s signature to unlock PEL 96 farm-out payment

    Amutse says Namibia must be ready onshore before first oil flows offshore

    Amutse says Namibia must be ready onshore before first oil flows offshore

    Namibia demands reciprocal commitment as oil industry moves towards production – Witbooi

    Namibia demands reciprocal commitment as oil industry moves towards production – Witbooi

    First oil cannot be Namibia’s destination – Shilunga

    First oil cannot be Namibia’s destination – Shilunga

    VSA Capital CEO Andrew Monk tours Namibia’s mining projects

    VSA Capital CEO Andrew Monk tours Namibia’s mining projects

    Equinor takes 17.4% stake in Chevron’s PEL 90

    Equinor takes 17.4% stake in Chevron’s PEL 90

    Skeleton Coast Uranium closes N$95m funding, completes Namibia licence deal

    Skeleton Coast identifies first uranium targets across three Erongo licences

    Bannerman targets over 80% Namibian workforce at Etango

    Bannerman targets over 80% Namibian workforce at Etango

    Trending Tags

  • Magazine
    • Current Edition
    • Previous Editions
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item
No Result
View All Result
The Extractor Magazine
No Result
View All Result
Home News Copper

Koryx reports strong Haib drill results as 12-rig programme drives 2026 resource update

by Editor
December 12, 2025
in Copper
0
Koryx Copper to raise N$26.6m from selling 16 million shares
572
SHARES
1.6k
VIEWS
Share on FacebookShare on Twitter

Koryx Copper has reported multiple significant copper intercepts from nine new drill holes totalling 4,007 metres at the Haib Copper Project, including 214 metres at 0.34% Cu in hole HM104 and 19 metres at 0.64% Cu in HM102.
These new results form part of the company’s Phase 2 and 3 drill programmes and confirm consistent copper mineralisation with several higher-grade zones.
Additional notable intervals include 74m at 0.36% Cu in HM103, 18m at 0.45% Cu in HM107, 26m at 0.36% Cu in HM104, 62m at 0.31% Cu from surface in HM101, 56m at 0.33% Cu in HM98, and 66m at 0.32% Cu in HM105.
Gold and molybdenum were intersected in several holes, including a 76m gold-bearing interval averaging 0.17 g/t Au in HM97 and a peak grade of 2.2% Cu with 0.16 g/t Au in HM106.
Koryx now has 12 drill rigs active at Haib — nine dedicated to resource conversion, one for pit-slope geotechnical drilling and two for civils geotechnical drilling required for the ongoing Pre-Feasibility Study. Geological modelling and mineral resource estimation are progressing, incorporating new structural interpretations and gold and molybdenum data.
An updated Mineral Resource Estimate is scheduled for completion before January 2026.
The latest drilling covered Targets 1 through 4. Infill drilling aligned mainly with expectations, while peripheral drilling extended mineralisation beyond previously modelled zones.
Several holes also confirmed shallow copper mineralisation that had not been included in earlier resource interpretations.
New fault-zone modelling is now being integrated to refine controls on mineralisation ahead of the resource update.
Koryx says the combined Phase 2, 3 and 4 drilling has expanded the known mineralised system, strengthened continuity in key areas and added new copper intersections in previously under-tested parts of the project.
Drilling continues as the company advances resource conversion and prepares the next steps toward feasibility.

Share229Tweet143
Editor

Editor

  • Trending
  • Comments
  • Latest
Private company led by John Sisay to revive Tschudi, Otjihase, Matchless and Berg Aukas mines  

Private company led by John Sisay to revive Tschudi, Otjihase, Matchless and Berg Aukas mines  

February 6, 2024
ReconAfrica to drill first well in the Damara Fold Belt after raising N$238m

ReconAfrica to drill first well in the Damara Fold Belt after raising N$238m

April 3, 2024
Gratomic targets 12,000t of vein graphite from Aukam mine this year

Gratomic targets 12,000t of vein graphite from Aukam mine this year

February 3, 2024
Askari Metals puts hopes on Kestrel Pegmatite within the Uis Lithium Project

Askari Metals puts hopes on Kestrel Pegmatite within the Uis Lithium Project

3
Namibia holds 26 million ounces of silver

Namibia holds 26 million ounces of silver

3
2024 HOPEFULS: Langer Heinrich’s return after five years

2024 HOPEFULS: Langer Heinrich’s return after five years

2
OPINION: Before Kokoseb Is Approved, Namibia Must Answer One Question: What Happens to the People in Its Path?

OPINION: Before Kokoseb Is Approved, Namibia Must Answer One Question: What Happens to the People in Its Path?

August 25, 2026
John Borshoff leaves behind a US$6b legacy in Namibia and Malawi

Forsys becomes Asarian Energy on NSX from Wednesday

August 25, 2026
ReconAfrica targets October for 1,000m horizontal test at Kavango West

ReconAfrica targets October for 1,000m horizontal test at Kavango West

August 25, 2026
  • Home
  • News
  • Magazine
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item

Copyright © 2023 The Extractor Magazine. | Powered by: Impeccable Tech & Designs

No Result
View All Result
  • Home
  • News
  • Magazine
    • Current Edition
    • Previous Editions
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item

Copyright © 2023 The Extractor Magazine. | Powered by: Impeccable Tech & Designs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In