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Koryx Copper Provides Update on Zambia Projects, Results of Regional Surface Geochemistry and Planning for the Upcoming Field Season
Highlights First pass regional surface geochemical sampling over Mpongwe Licence identifies additional Cu soil anomalies for follow-up in similar
About this update from Koryx Copper S.a.
Highlights First pass regional surface geochemical sampling over Mpongwe Licence identifies additional Cu soil anomalies for follow-up in similar stratigraphic and structural setting to Lwabufubu target. Repeat soil sampling results confirm Lwabufubu target as a priority for further work on the Mpongwe licence. Drill program at Luanshya West planned for late season 2026. Initial consent granted for the transfer of the two earn-in licences to Koryx Zambia. LUXEMBOURG, June 23, 2026 (GLOBE NEWSWIRE) -- Koryx Copper S.A. (“Koryx” or the "Company") (TSX:KRY.V) (NSX:KYX) (OTCQB:KRYXF) is pleased to provide an update on exploration results and progress on its two large scale exploration licences in Zambia, namely the Luanshya West project (LEL 23246, 54 km2) and Mpongwe project (LEL 23248, 675 km2) (the “Project”). Koryx holds the option to acquire up to 80% of the Projects in the Copperbelt in Zambia. The Zambian Copperbelt makes up part of the larger Central African Copperbelt (CACB) which extends north into the Democratic Republic of Congo. The CACB is the world’s largest sedimentary rock hosted stratiform copper province and includes at least 14 giant deposits such as First Quantum Mineral’s Kansanshi and Sentinel, as well as Ivanhoe’s Kamoa and Kakula. Heye Daun, Koryx Copper’s President and CEO commented: “While our focus remains the Haib Copper Project in Namibia, this update on our Zambian Projects shows the progress we are making by carrying out systematic exploration aimed at identifying legitimate targets for drill testing and turning over ground that is less prospective. The heavy rains in Zambia have delayed our field programmes this year, but we remain committed to advancing our projects there, particularly once we have secured the transfer of the two licences to our local subsidiary. Our next phase of work will focus on drilling at Luanshya West, while we assess surface anomalies at Mpongwe for possible drill testing later in the year”. Mpongwe Project Results from soil sampling carried out in late 2025 have been compiled and interpreted along with historical data. A total of approximately 4,000 soil samples (excluding Quality Assurance and Quality Control (“QAQC”) samples) were collected and analysed by Inductively Coupled Plasma Optical (Atomic) Emission Spectrometry (ICP-OES) for a suite of 33 elements. The sampling was carried out with ...