# Koryx Copper Announces Updated Mineral Resource Estimate for the Haib Copper Project, Southern Namibia

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/koryx-copper-announces-updated-mineral-resource-estimate-for-the-haib-copper-pro--b55a312c-66d8-42df-ae48-35b103801de4

Original source: https://finance.yahoo.com/markets/commodities/articles/koryx-copper-announces-updated-mineral-110000040.html

Publisher: yahoo\_press

Original announcement: 2026-03-25T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Koryx Copper

- Ticker: KRY

- Exchange: TSXV

- Region: Southern Namibia

- Primary commodity: Copper

- Secondary commodities: Gold, Molybdenum

- Document categories: Resource update

- Extracted: 2026-08-21 00:48:07 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Koryx Copper has released an updated Mineral Resource Estimate for the Haib Copper Project in Namibia. The update highlights significant contained copper and gold resources across Indicated and Inferred categories, with a notable reduction in the stripping ratio.

Reasoning: The update reports significant contained copper and gold metal, alongside a notable improvement in the stripping ratio \(0.92x vs 1.74x\).

- Positive factor: Contained metal growth

- Positive factor: Stripping ratio reduction

Facts used in scoring: 8

## Classification and evidence

**Resource Update**

Polarity: neutral

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

Why it applies: The document announces an updated Mineral Resource Estimate for the Haib Copper Project.

Evidence · text

> Announces Updated Mineral Resource Estimate

## Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

## Resource Estimates (8)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/koryx-copper-announces-updated-mineral-resource-estimate-for-the-haib-copper-pro--b55a312c-66d8-42df-ae48-35b103801de4#fact-resource-facts-0)

copper

#### Identity

- Commodity: copper
- Ticker: KRY

#### Resource Data

- Category: indicated
- Contained Metal: 2090000
- Contained Unit: mts

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: Reported 2.09 Mt of contained copper in the Indicated category.

- Positive factor: Significant contained copper

Evidence · text

> 2,090,000 MTS OF CONTAINED Cu \(Indicated Resource\)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/koryx-copper-announces-updated-mineral-resource-estimate-for-the-haib-copper-pro--b55a312c-66d8-42df-ae48-35b103801de4#fact-resource-facts-1)

copper

#### Identity

- Commodity: copper
- Ticker: KRY

#### Resource Data

- Category: inferred
- Contained Metal: 1385000
- Contained Unit: mts

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: Reported 1.385 Mt of contained copper in the Inferred category.

Evidence · text

> 1,385,000 MTS OF CONTAINED Cu \(Inferred Resource\)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/koryx-copper-announces-updated-mineral-resource-estimate-for-the-haib-copper-pro--b55a312c-66d8-42df-ae48-35b103801de4#fact-resource-facts-2)

copper

#### Identity

- Commodity: copper
- Ticker: KRY

#### Resource Data

- Category: indicated
- Contained Metal: 2338000
- Contained Unit: mts

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: Reported 2.338 Mt of contained CuEq in the Indicated category.

- Positive factor: High CuEq content

Evidence · text

> 2,338,000 MTS OF CONTAINED CuEq \(Indicated Resource\)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/koryx-copper-announces-updated-mineral-resource-estimate-for-the-haib-copper-pro--b55a312c-66d8-42df-ae48-35b103801de4#fact-resource-facts-3)

copper

#### Identity

- Commodity: copper
- Ticker: KRY

#### Resource Data

- Category: inferred
- Contained Metal: 1583000
- Contained Unit: mts

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: Reported 1.583 Mt of contained CuEq in the Inferred category.

Evidence · text

> 1,583,000 MTS OF CONTAINED CuEq \(Inferred Resource\)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/koryx-copper-announces-updated-mineral-resource-estimate-for-the-haib-copper-pro--b55a312c-66d8-42df-ae48-35b103801de4#fact-resource-facts-4)

gold

#### Identity

- Commodity: gold
- Ticker: KRY

#### Resource Data

- Category: indicated
- Contained Metal: 487900
- Contained Unit: ozs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: Reported 487,900 oz of gold in the Indicated category.

Evidence · text

> Au RESOURCE OF 487,900 OZS \(Indicated Resource\)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/koryx-copper-announces-updated-mineral-resource-estimate-for-the-haib-copper-pro--b55a312c-66d8-42df-ae48-35b103801de4#fact-resource-facts-5)

gold

#### Identity

- Commodity: gold
- Ticker: KRY

#### Resource Data

- Category: inferred
- Contained Metal: 380200
- Contained Unit: ozs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: Reported 380,200 oz of gold in the Inferred category.

Evidence · text

> 380,200 OZS \(Inferred Resource\)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/koryx-copper-announces-updated-mineral-resource-estimate-for-the-haib-copper-pro--b55a312c-66d8-42df-ae48-35b103801de4#fact-resource-facts-6)

molybdenum

#### Identity

- Commodity: molybdenum
- Ticker: KRY

#### Resource Data

- Category: indicated
- Contained Metal: 103600000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: Reported 103.6 million lbs of molybdenum in the Indicated category.

Evidence · text

> Mo RESOURCE OF 103,600,000 LBS \(Indicated Resource\)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/koryx-copper-announces-updated-mineral-resource-estimate-for-the-haib-copper-pro--b55a312c-66d8-42df-ae48-35b103801de4#fact-resource-facts-7)

molybdenum

#### Identity

- Commodity: molybdenum
- Ticker: KRY

#### Resource Data

- Category: inferred
- Contained Metal: 84500000
- Contained Unit: lbs

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: Reported 84.5 million lbs of molybdenum in the Inferred category.

Evidence · text

> 84,500,000 LBS \(Indicated Resource\)

## 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.