01/22/2025
We are very excited to have ended 2024 with a strong treasury of more than C$17 million in cash, no liabilities and a clean share structure.
Under new leadership and a top-tier technical team in place, we have hit the ground running in the new year and will focus our efforts on a transformative work program, which is already underway at Haib.
Highlights of the program include:
⏺️ Large-scale, C$20M technical program to be completed during 2025.
⏺️ Transforming Haib into a top-tier, high quality, low risk copper development project.
⏺️ Multi-phase, >55,000m drill program to be completed during 2025.
⏺️ Drilling underway with 3 drill rigs ramping up to 6 rigs and double shifting to maximize drilling rates.
⏺️ Phase 2 metallurgical test work underway, with results expected in Q1 2025.
⏺️ DRA Global Limited, an international engineering and project delivery group appointed as study consultant to produce an updated PEA before Q3 2025.
⏺️ Study schedule remains on track to complete PFS by the end of 2025 and complete DFS in 2026.
https://www.koryxcopper.com/wp-content/uploads/2025/01/2025-01-22-koryx-copper-announces-transformative-2025-drill-web.pdf