# Koryx completes drill programme at Namibian project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/koryx-completes-drill-programme-at-namibian-project--50f591a9-6a7b-41a9-957a-2e042c94e4a9

Original source: https://www.miningweekly.com/article/koryx-completes-drill-programme-at-namibian-project-2026-09-23

Publisher: miningweekly

Original announcement: 2026-09-23T14:05:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-23T17:48:06.832Z

Atlas analysis updated: 2026-09-23T17:48:06.832Z

- Company: Koryx Copper

- Ticker: TSX-V

- Exchange: Unavailable

- Region: Namibia

- Primary commodity: Copper

- Secondary commodities: Molybdenum, Gold

- Document categories: Drill results, Resource update

- Extracted: 2026-09-23 17:48:07 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Koryx Copper has completed an infill and expansion drilling programme consisting of 18 holes totaling 7,074 metres at its Haib copper project in Namibia. The company is now focusing on geological modelling to support an upcoming mineral resource estimate and pre-feasibility study due by the end of 2026.

Reasoning: The announcement confirms the completion of a significant drilling campaign \(7,074m\) that supports upcoming resource and feasibility studies, though specific assay values for the new holes were not provided in the text.

- Positive factor: completion of infill and expansion drilling

- Positive factor: consistent wide intercepts

- Positive factor: high-grade zones near surface

- Positive factor: on track for MRE and PFS updates

Facts used in scoring: 1

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The programme is described as an ongoing infill and expansion drill programme.

Evidence · text

> ongoing infill and expansion drill programme

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The company is preparing an update to the mineral resource estimate following the completion of the drilling.

Evidence · text

> required for the update mineral resource estimate and prefeasibility study

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/koryx-completes-drill-programme-at-namibian-project--50f591a9-6a7b-41a9-957a-2e042c94e4a9#fact-drill-facts-0)

Haib copper project · copper

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Haib copper project
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: TSX-V

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Mining Method: open\_pit

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: The text announces the completion of a drilling campaign but does not list individual intercepts or grades.

- Positive factor: completion of 7,074m programme

- Negative factor: specific assay values not disclosed in text

Evidence · text

> announced assay results from 18 drill holes \(7 074 m\) received as part of the ongoing infill and expansion drill programme

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.