Mining Stock Daily
Heye Daun Provides an Exploration Update from Koryx Copper
Apr 16, 2025
Heye Daun, CEO of Koryx Copper, shares insights into the company's ambitious copper exploration efforts in Namibia and Zambia. He discusses the challenges of drilling in tough terrains, including delays caused by contractor issues. The conversation highlights Zambia's emerging status as a mining hotspot, fueled by international investments and supportive government policies. Daun also emphasizes the strategic importance of their recent Namibian Stock Exchange listing, aiming to attract local investments and seize opportunities in a thriving mining sector.
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Quick takeaways
- Heye Daun emphasizes the ongoing drilling challenges in Namibia while stressing the positive implications of recent metallurgical advancements for future exploration.
- The strategic listing of Koryx Copper on the Namibian Stock Exchange has attracted significant local investment, enhancing opportunities and reducing political risk.
Deep dives
Update on Hybe Copper Project
The latest developments at the Hybe Copper Project in Namibia are centered around ongoing drilling operations and metallurgical studies. Although drilling has faced challenges due to difficult terrain and contractor supervision, significant progress is still being made on the metallurgical side. Current efforts focus on increasing the drilling rate by hiring additional contractors and utilizing more portable drill rigs. Overall, while progress is not as fast as anticipated, a deep hole revealing continuous mineralization indicates promising results ahead.
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