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Koryx Copper Intersects 98.00 M @ 0.43% Cu Eq, Including 4 M @ 1.12% Cu Eq and 2 M @ 1.47% Cu Eq

Koryx Copper Intersects 98.00 M @ 0.43% Cu Eq, Including 4 M @ 1.12% Cu Eq and 2 M @ 1.47% Cu Eq

Koryx 銅與 98.00 M @ 0.43% 銅當量相交,包括 4 M @ 1.12% 銅當量和 2 M @ 1.47% 銅當量
GlobeNewswire ·  04/10 19:30

Significant copper and molybdenum intersections include:

重要的銅鉬交叉點包括:

  • HM17: 0.93% CuEq over 12 meters from near surface including 4 m @ 1.52% CuEq.
  • HM32: 0.43% CuEq over 98.00 m including 4 m @ 1.12% CuEq, 2.00 m @ 1.47%.
  • HM33: 0.37% CuEq over 34 m including 8 m at 0.49% CuEq.
  • HM17:距離近地表 12 米處的 CUeQ 爲 0.93%,包括 4 m @ 1.52% CueQ。
  • HM32:超過 98.00 m 的 cueQ 爲 0.43%,包括 4 m @ 1.12% cueQ,2.00 m @ 1.47%。
  • HM33:超過 34 m 的 cueQ 爲 0.37%,其中 8 m 的 cueQ 爲 0.49%。

VANCOUVER, British Columbia, April 10, 2024 (GLOBE NEWSWIRE) -- Koryx Copper Inc. ("Koryx" or "the Company") (TSX-V: KRY) announces the fourth assay results from its current drilling program at its Haib Copper project in southern Namibia. The Company's latest four drill holes continue to confirm that the deposit can deliver high grades over substantial widths within the known historical resource.

不列顛哥倫比亞省溫哥華,2024年4月10日(GLOBE NEWSWIRE)——Koryx銅業公司(“Koryx” 或 “公司”)(多倫多證券交易所股票代碼:KRY)公佈了其當前位於納米比亞南部的Haib銅業項目鑽探計劃的第四次化驗結果。該公司最近的四個鑽孔繼續證實,該礦牀可以在已知的歷史資源範圍內在相當寬的寬度上提供高品位。

Pierre Léveillé, President & CEO of Deep-South stated that: "Those results are very positive and they are well above the Indicated Resource average grade at 0.31% Cu of the the previous Mineral Resource Estimation. We are highly satisfied with those results that add value to the deposit."

Deep-South總裁兼首席執行官皮埃爾·勒維勒表示:”這些結果非常積極,遠高於之前礦產資源估算值的 0.31% 的指示資源平均品位。我們對那些爲存款增加價值的結果感到非常滿意。”

The 3 holes for which assay results are reported here, cover 430.20 metres with all 3 holes drilled in centre of the Pit 1 target area. These holes were positioned to close the sample spacing of the previously identified shallow higher grade mineralisation in the Pit 1 area, and to better define and understand the geometry of mineralisation controls here. Assay results of significant intersections are tabulated below:

此處報告的化驗結果的3個洞覆蓋了430.20米,所有3個孔都鑽在1號坑目標區域的中心。這些鑽孔的定位是爲了縮小先前在1號礦區發現的淺層更高品位礦化的樣品間距,並更好地定義和理解這裏礦化控制的幾何形狀。重要交叉點的化驗結果如下表所示:

Significant Intersections

重要十字路口

Hole# Zone From (m) To (m) Width (m)1 CuEq (%)2 Cu (%) Mo (%)
HM17
Main 8.00 20.00 12.00 0.93 0.93 0.009
Including 16.00 20.00 4.00 1.52 1.52 0.022
HM32
Main 0.00 98.00 98.00 0.43 0.43 0.008
Including 8.00 12.00 4.00 0.73 0.73 0.016
Including 14.00 18.00 4.00 1.12 1.12 0.013
Including 26.00 28.00 2.00 1.47 1.47 0.007
Including 48.00 58.00 10.00 0.54 0.54 0.009
Including 70.00 74.00 4.00 0.75 0.75 0.012
Main 128.00 138.00 10.00 0.35 0.35 0.016
Including 136.00 138.00 2.00 0.73 0.73 0.018
Main 222.00 230.50 8.50 0.34 0.34 0.005
Including 222.00 224.00 2.00 0.72 0.72 0.003
HM33
Main 6.00 40.00 34.00 0.37 0.37 0.007
Including 14.00 22.00 8.00 0.49 0.49 0.005
Main 112.00 120.00 8.00 0.41 0.41 0.001
洞# 區域 從 (m) 到 (m) 寬度 (m)1 cueQ (%)2 銅 (%) 鉬含量 (%)
HM17
主要 8.00 20.00 12.00 0.93 0.93 0.009
包括 16.00 20.00 4.00 1.52 1.52 0.022
HM32
主要 0.00 98.00 98.00 0.43 0.43 0.008
包括 8.00 12.00 4.00 0.73 0.73 0.016
包括 14.00 18.00 4.00 1.12 1.12 0.013
包括 26.00 28.00 2.00 1.47 1.47 0.007
包括 48.00 58.00 10.00 0.54 0.54 0.009
包括 70.00 74.00 4.00 0.75 0.75 0.012
主要 128.00 138.00 10.00 0.35 0.35 0.016
包括 136.00 138.00 2.00 0.73 0.73 0.018
主要 222.00 230.50 8.50 0.34 0.34 0.005
包括 222.00 224.00 2.00 0.72 0.72 0.003
HM33
主要 6.00 40.00 34.00 0.37 0.37 0.007
包括 14.00 22.00 8.00 0.49 0.49 0.005
主要 112.00 120.00 8.00 0.41 0.41 0.001
1. Width refers to intersection width; true widths have not been determined.
2. CuEq (copper equivalent) has been used to express the combined value of copper and molybdenum and is provided for illustrative purposes only. No allowances have been made of recovery losses that may occur should mining eventually result. Calculations use metal prices of US$3.00/lb copper, US$10/lb molybdenum using the formula: CuEq% = Cu% + (Mo% [$10/$3])
1。 寬度是指交叉寬度;實際寬度尚未確定。
2。 CueQ(銅當量)用於表示銅和鉬的組合值,僅供說明之用。對於最終開採可能發生的恢復損失,沒有留出任何餘地。使用每磅銅3.00美元、鉬10美元/磅的金屬價格進行計算,公式爲:Cueq% = Cu% +(Mo% [10美元/3美元])

Borehole Locations (Figure 1)

鑽孔位置(圖 1)

HM17 was positioned in riverbed east of the Pit1 area to test the eastward extension of the on-surface mineralization reported previously in HM16.

HM17位於1號礦區以東的河牀,以測試先前在HM16中報告的地表礦化向東延伸。

HM32 was located in the central part of the Pit1 target area to close the sample spacing on the mineralization here. It was drilled towards the southwest and positioned halfway up the southern slope above the river.

HM32位於Pit1目標區域的中部,以縮小此處礦化區域的樣品間距。它向西南鑽探,位於河流上方南坡的中部。

HM33 was collared close to HM32 but drilled approximately westwards to close the sample spacing in this direction.

HM33在靠近HM32的地方鑽孔,但大約向西鑽孔以縮小該方向的樣品間距。

Figure 1: Planview showing the positions of the boreholes being reported here.

圖 1:Planview 顯示了此處報告的鑽孔位置。

Discussion of Pertinent Results

討論相關結果

HM17
Results show that the near surface high grade mineralization in Pit1 extends some 180m further eastwards than previously recognized, appearing to maintain the same strike and relatively low-angle dip towards the north.

HM17
結果表明,1號礦坑的近地表高品位礦化向東延伸了約180米,似乎保持了相同的走向,向北傾角相對較低。

HM32
Results show a significant widening of the near surface mineralized zone in Pit1 to nearly 100 m. While grades >0.7% Cu Eq were regularly encountered, the average grade of the zone is slightly lower than usual at 0.43% CuEq. This hole was drilled in an area where multiple mineralization trends potential intersect and it is possible that this width extension is due to the hole orientation not being orthogonal to mineralization.

HM32
結果顯示,1號礦坑的近地表礦化帶顯著擴大,達到近100米。雖然經常出現銅當量大於 0.7% 的品位,但該區域的平均品位略低於平時,爲 0.43% CueQ。該孔是在多個礦化趨勢潛力相交的區域鑽探的,這種寬度擴展可能是由於鑽孔方向與礦化不正交所致。

HM33
Shows similar results to HM32 with respect to the shallow mineralized zone in Pit1, although at 34m width it is significantly narrower and lower grade averaging 0.37% CuEq.

HM33
就1號礦坑的淺層礦化區而言,顯示出與HM32相似的結果,儘管寬度爲34m,它的寬度要窄得多,品位也更低,平均含量爲0.37%。

Drilling Program Update

鑽探計劃更新

Since the resumption of drilling in October 2023, 22 holes have been completed totaling 4,043 m. All 22 holes have been sampled and submitted to ALS for assaying with the results of 9 holes (1,107 samples) received to date from ALS. A further 5 boreholes (1,000m) remain to be drilled from the current program, 4 of which expand are intended to trace the Pit 1 mineralization in the Pit2 target area.

自2023年10月恢復鑽探以來,已經完成了22個鑽孔,總長度爲4,043米。所有22個孔都已取樣並提交給ALS進行化驗,迄今爲止從ALS收到的9個孔(1,107個樣本)的結果進行了化驗。目前的計劃還有5個鑽孔(1,000米)有待鑽探,其中4個擴建的目的是追蹤Pit2目標區域的1號礦化情況。

At 1.8 billion years (Archean), the Haib Copper Deposit is one of the oldest deposits in the world. Over time, it has seen several transformations including shearing and faulting events that appear to have further concentrated Cu and Mo. A number of these mineralized structures have been identified in the Pit 1. The revised drilling program looks to close the sample spacing in the Pit 1 area and better delineate the extent and grades of these.

海布銅礦牀擁有18億年的歷史(太古代),是世界上最古老的礦牀之一。隨着時間的推移,它經歷了幾次變化,包括剪切和斷層事件,這些變化似乎進一步濃縮了銅和鉬的濃度。在 1 號礦坑中已經發現了許多這樣的礦化結構。修訂後的鑽探計劃旨在縮小1號坑區域的樣本間距,並更好地描繪這些區域的範圍和等級。

Quality Control

質量控制

All drill cores were logged, photographed, and cut in half with a diamond saw. Half of the cores were bagged and sent to ALS Laboratories Ltd. in Johannesburg, South Africa for analysis (SANAS Accredited Testing Laboratory, No. T0387), while the other half was quartered with one quarter archived and stored on site for verification and reference purposes while the other quarter will be used for metallurgical test work. 33 elements are analyzed by Induced Coupled Plasma (ICP) utilizing a 4-acid digestion and gold is assayed using a 30g fire assay method. Duplicate samples, blanks, and certified standards are included with every batch and are actively used to ensure proper quality assurance and quality control.

所有鑽芯都經過記錄、拍照,並用金剛石鋸切成兩半。一半的岩心被裝袋並送往南非約翰內斯堡的ALS實驗室有限公司進行分析(SANAS認可的測試實驗室,No.T0387),而另一半則分爲四分之一,其中四分之一存檔並存儲在現場以供驗證和參考,而另一季度將用於冶金測試工作。感應耦合等離子體(ICP)使用四酸消化法分析了33種元素,並使用30g的火法對黃金進行了分析。每批都包含重複的樣品、空白和認證標準,並積極用於確保適當的質量保證和質量控制。

Please note that: Mineral Resources that are not mineral reserves do not have demonstrated economic viability. Mineral resource estimates do not account for mineability, selectivity, mining loss and dilution. These mineral resource estimates are based on Indicated Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. However, there is no certainty that these indicated mineral resources will be converted to measured categories through further drilling, or into mineral reserves, once economic considerations are applied. There is no certainty that the preliminary economic assessment will be realized.

請注意: 非礦產儲量的礦產資源沒有顯示出經濟可行性。礦產資源估算不考慮可開採性、選擇性、採礦損失和稀釋。這些礦產資源估算基於 在地質學上被認爲過於投機性的特定礦產資源,無法將其歸類爲礦產儲量的經濟考慮。 但是,不確定這些指示的礦產資源是否會通過進一步鑽探轉化爲可測量的類別,或者一旦考慮到經濟因素,也無法確定這些礦產資源是否會轉化爲礦產儲量。 不確定初步經濟評估能否實現。

Qualified Person

合格人員

Mr. Dean Richards Pr.Sci.Nat. , MGSSA – BSc. (Hons.) Geology, is the Qualified Person for the Haib Project as defined by National Instrument 43-101 and has approved the technical disclosure contained in this news release.

Dean Richards Pr.Sci.Nat. 先生,MGSSA — 理學學士(榮譽學位)根據國家儀器43-101的定義,地質學是Haib項目的合格人員,並已批准本新聞稿中包含的技術披露。

About the Haib Copper Project

關於 Haib 銅業項目

The Haib Copper Deposit is a large copper/molybdenum deposit situated 40 kilometers from the southern boundary of Namibia. The license covers 370 square kilometers (37,000 hectares). Over the years the project has seen 70,000 m of drilling, several metallurgical test work program, geophysical surveys, geological mapping, mine modeling and even a feasibility study in 1996. Koryx holds all the historical data.

Haib銅礦牀是一個大型銅/鉬礦牀,位於距離納米比亞南部邊界40公里處。該許可證覆蓋370平方千米(37,000公頃)。多年來,該項目完成了70,000米的鑽探、多項冶金測試工作計劃、地球物理調查、地質測繪、礦山建模,甚至在1996年進行了可行性研究。Koryx 擁有所有的歷史數據。

About Koryx Copper Inc.

關於 Koryx Copper Inc.

Koryx Copper is a mineral exploration and development company. Koryx growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. The Company holds the Haib Copper Project in Namibia and holds an interest in three exploration licenses in the Copperbelt in Zambia. In using and assessing environmentally friendly technologies in the development of its copper projects, Koryx Copper embraces the green revolution.

Koryx Copper是一家礦產勘探和開發公司。Koryx的增長戰略是專注於在重要礦化趨勢和穩定國家的基礎設施附近勘探和開發優質資產。該公司持有納米比亞的Haib銅礦項目,並持有贊比亞銅帶三份勘探許可證的權益。在銅項目的開發中使用和評估環保技術時,Koryx Copper擁護綠色革命。

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

無論是多倫多證券交易所風險交易所還是其監管服務提供商(該術語的定義見 多倫多證券交易所風險投資公司的政策 Exchange)對本新聞稿的充分性或準確性承擔責任。

This press release contains certain "forward-looking statements," as identified in Koryx's periodic filings with Canadian Securities Regulators that involve a number of risks and uncertainties.

本新聞稿包含某些 “前瞻性陳述”,正如Koryx向加拿大證券監管機構提交的定期文件中所指出的那樣,這些陳述涉及許多風險和不確定性。

There can be no assurance that such statements prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

無法保證此類陳述被證明是準確的,實際結果和未來事件可能與此類陳述中的預期有重大差異。

This News Release contains forward-looking statements, which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "will", "may", "should", "expects", "plans", or "anticipates" or the negative of these terms or other comparable terminology. All statements included herein, other than statements of historical fact, are forward looking statements, including but not limited to the Company's plans regarding the Haib Copper project. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking-statements. Such uncertainties and risks may include, among others, actual results of the Company's exploration activities being different than those expected by management, delays in obtaining or failure to obtain required government or other regulatory approvals or financing, inability to procure equipment and supplies in sufficient quantities and on a timely basis, equipment breakdown and bad weather. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect the Company's current judgment regarding the direction of its business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law, the Company does not intend to update any forward-looking statements to conform these statements to actual results.

本新聞稿包含與未來事件有關的前瞻性陳述。在某些情況下,您可以通過 “將”、“可能”、“應該”、“期望”、“計劃” 或 “預期” 等術語或這些術語的否定詞或其他類似術語來識別前瞻性陳述。除歷史事實陳述外,此處包含的所有陳述均爲前瞻性陳述,包括但不限於公司有關Haib Copper項目的計劃。這些陳述僅是預測,涉及已知和未知的風險、不確定性和其他因素,這些因素可能導致公司的實際業績、活動水平、業績或成就與這些前瞻性陳述所表達或暗示的任何未來業績、活動水平、業績或成就存在重大差異。此類不確定性和風險可能包括公司勘探活動的實際結果與管理層的預期不同、延遲獲得或未能獲得所需的政府或其他監管機構批准或融資、無法及時採購足夠數量的設備和供應品、設備故障和惡劣天氣等。儘管這些前瞻性陳述及其所依據的任何假設都是本着誠意做出的,反映了公司當前對其業務方向的判斷,但實際業績幾乎總是與本文中的任何估計、預測、預測、假設或其他未來業績建議相差甚遠,有時甚至是重大差異。除非適用法律要求,否則公司無意更新任何前瞻性陳述以使這些陳述與實際業績保持一致。

More information is available by contacting Pierre Léveillé, President & CEO at
+1-819-340-0140 or at: info@koryxcopper.com

如需了解更多信息,請聯繫總裁兼首席執行官 Pierre Le'veille
+1-819-340-0140 或發送電子郵件至:info@koryxcopper.com

A photo accompanying this announcement is available at

本公告附帶的照片可在以下網址獲得


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