# 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--beff4a7c-129d-4513-8519-3c6682124a55 Original source: https://www.newsfilecorp.com/release/318073/Koryx-Copper-Provides-Interim-Update-on-PreFeasibility-Study-Progress-for-the-Haib-Copper-Project-in-Southern-Namibia Publisher: newsfile Original announcement: 2026-10-08T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-08T11:18:06.267Z Atlas analysis updated: 2026-10-08T11:18:06.267Z - Company: Koryx Copper S.A. - Ticker: KRY - Exchange: Unavailable - Region: Southern Namibia - Primary commodity: Copper - Secondary commodities: Molybdenum, Gold - Document categories: Metallurgy, Other, Permitting - Extracted: 2026-10-08 11:18:06 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Koryx Copper has provided an interim update on its Haib Copper Project PFS, highlighting significant flowsheet optimizations including the use of coarse particle flotation \(CPF\) and Jameson cells to increase throughput to 48 Mtpa. The company also reported progress on power and water infrastructure agreements and confirmed that the PFS is on track for publication by late November 2026. Reasoning: The update provides significant technical de-risking through improved flowsheet design \(CPF/Jameson cells\) and infrastructure progress, though it notes the removal of heap leach from the primary PFS base case. - Positive factor: Major flowsheet improvements via coarse particle flotation \(CPF\) and Jameson cells - Positive factor: Increased throughput capacity to 48 Mtpa - Positive factor: Successful pre-concentration testing with 12 Mtpa gangue rejection - Positive factor: Infrastructure agreements \(NamPower, NamWater\) progressing - Positive factor: PFS on track for November 2026 publication - Negative factor: Elimination of heap leach from base case may reduce early oxide recovery options - Negative factor: Permitting decision for ECC expected late 2027, potentially delaying full development 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 from including heap leach to all production via milling and flotation. 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 explicitly details the use of blanks, duplicates, and standards, and names an accredited laboratory. 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) ### coarse particle flotation [Link to this fact](https://atlas-staging.minestarters.com/news/koryx-copper-provides-interim-update-on-pre-feasibility-study-progress-for-the-h--beff4a7c-129d-4513-8519-3c6682124a55#fact-metallurgical-facts-0) Haib Copper Project · copper #### Identity - Project: Haib Copper Project - Commodity: copper - Region: namibia - Reported Region: Southern Namibia - Ticker: KRY #### Test Work - Program Status: detailed - Test Type: coarse particle flotation - Processing Route: coarse particle flotation \(CPF\) - Sample: coarse gangue rejected via CPF #### Recovery - Head Grade: 0.05 - Head Grade Unit: % #### Lab - Laboratory: ALS Laboratories Ltd. #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: Successful pre-concentration via CPF allows for higher feed grades to the main circuit. - Positive factor: Efficient rejection of 12 Mtpa of gangue at low grade Evidence · text > rejecting approximately 12 Mtpa of coarse gangue at 0.05% Cu ahead of flotation #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal **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.