Koryx Copper’s Haib Project in southern Namibia has been ranked among the top global copper drill intercepts for the week of 27–31 October, according to the latest Fynd Exploration rankings.
The Haib deposit delivered an impressive 0.22% copper grade over 441 metres, achieving a grade x width value of 97.0, placing it among the top three exploration results worldwide.
The results reaffirm the Haib Project’s potential as one of the oldest and largest known porphyry copper systems and highlight Namibia’s growing prominence as a destination for copper exploration and investment amid rising global demand for critical minerals.
This comes as Koryx Copper Inc. prepares to release an updated Mineral Resource Estimate (MRE) for the Haib Project by the end of 2025, following positive results from its ongoing Phase 2 and 3 drilling campaigns.
The company recently announced assay results from 17 additional drill holes totalling 5,556 metres, confirming consistent copper mineralisation across all four target zones. Several intercepts exceeded the average grades in the current resource model, including 116 metres at 0.36% Cu in hole HM96 and 50 metres at 0.33% Cu in HM76.
“The new model also allows the geologists to improve and more accurately estimate the overall mineral resource. These updated models are currently being reviewed with the intention of updating and publishing the MRE before the end of 2025, aiming to realise the upside from the drill results received since the previous estimate in August 2024,” said Koryx President and CEO, Heye Daun.
Daun added that the company has completed relogging and geological reinterpretation of all drill cores, incorporating new data on copper, molybdenum, and gold mineralisation. The work, supported by expert consultants, will form the basis of the revised MRE, which aims to capture the project’s expanding potential.
Koryx has also strengthened its exploration capacity with the addition of four new portable drill rigs, bringing the total to eight for resource drilling and two for geotechnical work.
“The site geological team has made notable progress in building an updated geological model, having completed the relogging of all available drill core, updated the database, and, under the guidance of our expert consultants, reinterpreted the entire lithological and structural model for the deposit,” Daun said.
Located in Namibia’s //Karas Region, the Haib Copper Project is an advanced-stage copper–molybdenum–gold deposit being developed to produce copper concentrate for global markets.
