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Koryx Copper Intersects 124.44 Metres at 0.36% Cu Eq, Including 26 Meters at 0.45% Cu Eq and 2 Metres at 1.17% Cu Eq
Significant copper and molybdenum intersections include: HM21 : 0.36% CuEq over 124.44 metres including 0.45% CuEq over 26 metres; and 1.17% CuEq over 2 metres;
About this update from Koryx Copper S.a.
[{"type":"text","content":" Significant copper and molybdenum intersections include: HM21 : 0.36% CuEq over 124.44 metres including 0.45% CuEq over 26 metres; and 1.17% CuEq over 2 metres; and 1.04% CuEq over 2 metres; and 0.43% CuEq over 16 metres. HM16: 0.32% CuEq over 18 metres from near surface including 6m @ 0.45% CuEq. VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Koryx Copper Inc. (\"Koryx\" or “the Company\") (TSX-V: KRY) announces the second assay results from its current drilling program at its Haib Copper project in southern Namibia. The Company’s latest two drill holes continue to confirm that the deposit can deliver high grades over substantial widths within the known historical resource. Pierre Léveillé, President & CEO of Deep-South stated that: \"We are extremely enthusiastic by the results from the drill program. We continue to demonstrate that the drilling results of the previous companies have seriously underestimated the average grade of the deposit. Our drilling is a game changer and will strongly add value to the deposit.” The 2 holes for which assay results are reported here, cover 472.92 metres with both holes drilled in the Pit 1 target area. These holes were positioned to close the sample spacing of the previously identified higher grade mineralisation in the Pit 1 area, and to better define and understand the geometry of mineralisation controls here. Assay results of significant intersections are tabulated below: Significant Intersections Hole# Zone From (m) To (m) Width (m)1 CuEq (%)2 Cu (%) Mo (%) HM16 Main 6.00 24.00 18.00 0.32 0.32 0.003 Including 12.00 18.00 6.00 0.45 0.45 0.002 HM21 Main 90.00 94.00 4.00 0.41 0.40 0.002 Main 140.00 144.00 4.00 0.50 0.40 0.029 Main 196.00 320.44 124.44 0.36 0.34 0.005 Including 230.00 256.00 26.00 0.45 0.44 0.004 Including 242.00 244.00 2.00 1.17 1.17 0.001 Including 254.00 256.00 2.00 1.04 1.00 0.013 Including 280.00 284.00 4.00 0.60 0.58 0.007 Including 294.00 310.00 16.00 0.43 0.41 0.007 Width refers to intersection width; true widths have not been determined. CuEq (copper equivalent) has been used to express the combined value of copper and molybdenum and is provided for illustrative purposes only. No allowances have been made of recovery losses that may occur should mining eventually result. Calculations use metal prices of US$3.00/lb copper, US$10/lb molybden...