# Koryx Copper Provides Interim Update on Pre-Feasibility Study Progress for the Haib Copper Project in Southern Namibia

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/koryx-copper-provides-interim-update-on-pre-feasibility-study-progress-for-the-h--35aa89f3-c4ec-4a83-a10b-d84aab0584bd

Original source: https://koryxcopper.com/koryx-copper-provides-interim-update-on-pre-feasibility-study-progress-for-the-haib-copper-project-in-southern-namibia/

Publisher: prospectors\_exchange

Original announcement: 2026-10-08T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-08T13:08:09.724Z

Atlas analysis updated: 2026-10-08T13:08:09.724Z

- Company: Koryx Copper S.A.

- Ticker: KRY

- Exchange: Unavailable

- Region: Namibia

- Primary commodity: Copper

- Secondary commodities: Molybdenum, Gold

- Document categories: Other, Metallurgy, Permitting

- Extracted: 2026-10-08 13:08:10 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Koryx Copper provided an interim update on its Haib Copper Project Pre-Feasibility Study \(PFS\), noting that metallurgical testwork and flowsheet optimizations are on track. Key developments include the adoption of coarse particle flotation to increase throughput to 48 Mtpa and the submission of environmental permit applications.

Reasoning: The update provides significant technical de-risking through metallurgical improvements and infrastructure progress, supporting the upcoming PFS publication.

- Positive factor: PFS metallurgical testwork showing consistency with historical results

- Positive factor: Flowsheet improvements via coarse particle flotation \(CPF\) and Jameson cells

- Positive factor: Increased throughput capacity to 48 Mtpa via debottlenecking

- Positive factor: Infrastructure agreements \(MoA with Nampower, MoU with NamWater\) progressing

- Positive factor: Permitting applications \(ESIA/EMP\) submitted

- Negative factor: Elimination of heap leach from PFS base case \(though retained as future option\)

- Negative factor: Permitting decision timeline extends to end of 2027

Facts used in scoring: 1

## Classification and evidence

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The PFS base case has shifted to all production via milling and flotation, eliminating the heap leach component.

Evidence · text

> elimination of heap leach component, with all production via milling & flotation

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release details specific QA/QC protocols including duplicate, blanks, and standards at a 1 in 20 frequency.

Evidence · text

> Duplicate samples, blanks, and certified standards are included with every batch

**Heap Leach Route**

Polarity: neutral

Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: the document describes a heap\_leach route \("heap leach"\)

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

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

## Metallurgical Results (1)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/koryx-copper-provides-interim-update-on-pre-feasibility-study-progress-for-the-h--35aa89f3-c4ec-4a83-a10b-d84aab0584bd#fact-metallurgical-facts-0)

Haib Copper · copper

#### Identity

- Project: Haib Copper
- Commodity: copper
- Region: namibia
- Reported Region: Namibia
- Ticker: KRY

#### Test Work

- Sample: coarse gangue rejected via CPF

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-08T00:00:00.000Z

Reasoning: CPF rejection of low-grade gangue improves downstream circuit efficiency.

- Positive factor: Enables higher feed grade to main flotation circuit

Evidence · text

> rejecting approximately 12 Mtpa of coarse gangue at 0.05% Cu ahead of flotation

#### Tags used in scoring

**Byproduct Commodity**

Polarity: neutral

Definition: The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

## 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.