Koryx Announces Updated PEA Results for the Haib Copper Project, Southern Namibia

Koryx Announces Updated PEA Results for the Haib Copper Project, Southern Namibia

92,000MT ANNUAL PAYABLE CU PRODUCTION (1st 10 Years)

Koryx Copper Inc. (TSXV:KRY) - Haib PEA Shows a Conventional Operation with Robust Economics - Research Portal

Koryx released results from a new PEA on its flagship 100%-owned Haib Cu project in Namibia. The PEA, based on the 2024 MRE, outlined an open-pit operation with ~US$1.6B in initial capex producing 88kt Cu/yr over 23 years with an after-tax NPV8% of $1.4B, a 20.1% IRR, and a 3.9-year payback. A 28Mtpa conventional crushing/milling/flotation operation accounts for ~90% of Cu output, and a 7Mtpa heap leach operation with SX/EW accounts for the remai