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Koryx Copper Provides Project Development Update for the Haib Copper Project in Southern Namibia
Highlights Process flow sheet optimization largely complete with potential for significant production and cost improvements, driven by 1) the improved mineral
About this update from Koryx Copper S.a.
Highlights Process flow sheet optimization largely complete with potential for significant production and cost improvements, driven by 1) the improved mineral resource estimate 2) an optimized mine plan and 3) various process flow sheet enhancements including applying coarse particle flotation (“CPF”) to reject low-value waste rock. Haib test work confirms that using CPF in the milling circuit is expected to reject up to 25% of run-of-mine (“ROM”) feed as coarse tailings with only limited copper loss. Processed MF grade expected to increase significantly after 25% coarse gangue rejection via CPF. CPF is a proven flotation technology which removes low-value waste rock at coarse particle size before finer grinding and processing, thereby reducing waste rock, increasing throughput, reducing water and energy consumption and improving tailings handling and volumes. Potential to demonstrate significant improvements in overall project economics in the upcoming PFS, ranging from potential increases in throughput, grade, annual copper production, life-of-mine to potential reductions in stripping ratio, unit cost and process flowsheet simplification. All sulphide material, including previously classified sulphide heap leach (“HL”) material now expected to be treated through conventional milling & flotation (“MF”), allowing the sulphide HL to be eliminated, potentially saving significant capex and simplifying the flow sheet. This produces the best overall metallurgical performance and has been adopted as the PFS base-case flow sheet for all sulphide material. 200MVA power supply via Namibian grid and hybrid solar photo-voltaic (“PV”) with battery storage. Water supply from Orange River combined with off-site storage dam for 20Mm³/year. Additional Neckartal dam & pipeline option for future expansion scenario under review. Environmental and permitting work is progressing, with 13 specialist studies completed and environmental approval targeted for H1 2027. Continued fast tracking towards publication of a Pre-feasibility Study (“PFS”) before the end of 2026. VANCOUVER, British Columbia, June 03, 2026 (GLOBE NEWSWIRE) -- Koryx Copper Inc. (“Koryx” or the "Company") (TSX-V: KRY, NSX: KYX) is pleased to announce further progress towards the publication of the Pre-feasibility Study (“PFS”) for its wholly-owned Haib Copper Project (“Haib” or the “Project”) in ...