Koryx Copper Announces Updated Mineral Resource Estimate for the Haib Copper Project, Southern Namibia

Original announcement by tmx on

Company
Koryx Copper S.A.
Ticker
KRY
Exchange
TSX
Region
Namibia
Primary commodity
Copper
Secondary commodities
Molybdenum, Gold
Document categories
Resource update, Metallurgy, Economic study
Extracted
2026-09-18 06:54:54 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Koryx Copper announced an updated Mineral Resource Estimate for its Haib Copper Project in Namibia, reporting a significant increase in contained copper, molybdenum, and gold, alongside improved copper equivalent grades and a reduced stripping ratio. The NI 43-101 compliant MRE incorporates by-product metals based on metallurgical testwork. The company plans to publish a Preliminary Feasibility Study (PFS) in Q4 2026, building on these enhanced resource figures.

Reasoning: Koryx Copper announced a highly positive updated Mineral Resource Estimate for its Haib Copper Project, showing significant growth in contained metal, improved grades, and better project economics, supported by compliant reporting and ongoing metallurgical work.

Positive factors

  • Significant increase in total contained copper, molybdenum, and gold
  • Improved copper equivalent grades in high-grade categories
  • Substantial reduction in stripping ratio, indicating improved project economics
  • Inclusion of by-products (Mo and Au) in the MRE
  • NI 43-101 compliant and QP signed
  • Positive metallurgical testwork results supporting MRE assumptions and future potential
  • Progression towards a Preliminary Feasibility Study (PFS)

Facts used in scoring: 61

Classification and evidence

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: A current resource fact retains the disclosed cut-off grade

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The source explicitly discloses a revised resource estimate

Evidence · text

“Updated Mineral Resource Estimate”

Heap Leach Routeneutral

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

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

Mill Routeneutral

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

Why it applies: the document describes a flotation route ("flotation")

Extracted facts

Stored fact records: 61. Some facts used in scoring do not have a stored record.

Resource Estimates (61)

indicatedHaib Copper Project · copperTonnes: 28000000Grade: 0.35Grade Unit: %Contained Metal: 98Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:5d1a543ac84985d3a984
Deposit or zone
High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
28000000
Grade
0.35
Grade Unit
%
Contained Metal
98
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 28 Mt at 0.35% Cu in the high-grade oxide and transitional category, contributing to the overall resource.

Positive factors

  • High-grade indicated resource for oxide and transitional material

Evidence · table

“0.35”

Context: 28

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · molybdenumTonnes: 28000000Grade: 51Grade Unit: ppmContained Metal: 1.4Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:5d1a543ac84985d3a984
Deposit or zone
High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
28000000
Grade
51
Grade Unit
ppm
Contained Metal
1.4
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 28 Mt at 51 ppm Mo in the high-grade oxide and transitional category, adding by-product value.

Positive factors

  • Molybdenum as a valuable by-product in the indicated resource

Evidence · table

“51”

Context: 28

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · goldTonnes: 28000000Grade: 0.021Grade Unit: g/tContained Metal: 18.7Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:5d1a543ac84985d3a984
Deposit or zone
High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
28000000
Grade
0.021
Grade Unit
g/t
Contained Metal
18.7
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 28 Mt at 0.021 g/t Au in the high-grade oxide and transitional category, providing additional by-product value.

Positive factors

  • Gold as a by-product in the indicated resource

Evidence · table

“0.021”

Context: 28

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 28000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:5d1a543ac84985d3a984
Deposit or zone
High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
28000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.38
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 28 Mt with a 0.38% CuEq grade in the high-grade oxide and transitional category, reflecting the combined value of multiple metals.

Positive factors

  • High copper equivalent grade for indicated resource

Evidence · table

“0.38”

Context: 28

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 32000000Grade: 0.19Grade Unit: %Contained Metal: 60Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:a9bbea1918d7196d8860
Deposit or zone
Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
32000000
Grade
0.19
Grade Unit
%
Contained Metal
60
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 32 Mt at 0.19% Cu in the low-grade oxide and transitional category, contributing to the total resource base.

Positive factors

  • Low-grade indicated resource adds to overall tonnage

Evidence · table

“0.19”

Context: 32

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · molybdenumTonnes: 32000000Grade: 51Grade Unit: ppmContained Metal: 1.6Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:a9bbea1918d7196d8860
Deposit or zone
Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
32000000
Grade
51
Grade Unit
ppm
Contained Metal
1.6
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 32 Mt at 51 ppm Mo in the low-grade oxide and transitional category, adding by-product value.

Positive factors

  • Molybdenum as a by-product in the low-grade indicated resource

Evidence · table

“51”

Context: 32

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · goldTonnes: 32000000Grade: 0.02Grade Unit: g/tContained Metal: 18.2Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:a9bbea1918d7196d8860
Deposit or zone
Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
32000000
Grade
0.02
Grade Unit
g/t
Contained Metal
18.2
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 32 Mt at 0.02 g/t Au in the low-grade oxide and transitional category, providing additional by-product value.

Positive factors

  • Gold as a by-product in the low-grade indicated resource

Evidence · table

“0.02”

Context: 32

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 32000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:a9bbea1918d7196d8860
Deposit or zone
Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
32000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 32 Mt with a 0.22% CuEq grade in the low-grade oxide and transitional category, reflecting the combined value of multiple metals.

Positive factors

  • Copper equivalent grade for low-grade indicated resource

Evidence · table

“0.22”

Context: 32

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 361000000Grade: 0.36Grade Unit: %Contained Metal: 1311Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:f7c9f82402f24e6b4fd8
Deposit or zone
High Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
361000000
Grade
0.36
Grade Unit
%
Contained Metal
1311
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Significant indicated resource of 361 Mt at 0.36% Cu in the high-grade sulphide category, forming a major part of the resource.

Positive factors

  • Large high-grade indicated sulphide resource for copper

Evidence · table

“0.36”

Context: 361

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · molybdenumTonnes: 361000000Grade: 71Grade Unit: ppmContained Metal: 25.5Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:f7c9f82402f24e6b4fd8
Deposit or zone
High Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
361000000
Grade
71
Grade Unit
ppm
Contained Metal
25.5
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 361 Mt at 71 ppm Mo in the high-grade sulphide category, adding substantial by-product value.

Positive factors

  • Molybdenum as a significant by-product in the high-grade sulphide indicated resource

Evidence · table

“71”

Context: 361

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · goldTonnes: 361000000Grade: 0.02Grade Unit: g/tContained Metal: 253.3Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:f7c9f82402f24e6b4fd8
Deposit or zone
High Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
361000000
Grade
0.02
Grade Unit
g/t
Contained Metal
253.3
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 361 Mt at 0.02 g/t Au in the high-grade sulphide category, providing additional by-product value.

Positive factors

  • Gold as a by-product in the high-grade sulphide indicated resource

Evidence · table

“0.02”

Context: 361

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 361000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:f7c9f82402f24e6b4fd8
Deposit or zone
High Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
361000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.4
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 361 Mt with a 0.40% CuEq grade in the high-grade sulphide category, reflecting the combined value of multiple metals.

Positive factors

  • High copper equivalent grade for indicated sulphide resource

Evidence · table

“0.40”

Context: 361

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 323000000Grade: 0.19Grade Unit: %Contained Metal: 621Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:d4bc13a3c52ed8a8c5ba
Deposit or zone
Low Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
323000000
Grade
0.19
Grade Unit
%
Contained Metal
621
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 323 Mt at 0.19% Cu in the low-grade sulphide category, contributing to the total resource base.

Positive factors

  • Low-grade indicated sulphide resource adds to overall tonnage

Evidence · table

“0.19”

Context: 323

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · molybdenumTonnes: 323000000Grade: 57Grade Unit: ppmContained Metal: 18.5Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:d4bc13a3c52ed8a8c5ba
Deposit or zone
Low Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
323000000
Grade
57
Grade Unit
ppm
Contained Metal
18.5
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 323 Mt at 57 ppm Mo in the low-grade sulphide category, adding by-product value.

Positive factors

  • Molybdenum as a by-product in the low-grade sulphide indicated resource

Evidence · table

“57”

Context: 323

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · goldTonnes: 323000000Grade: 0.02Grade Unit: g/tContained Metal: 197.6Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:d4bc13a3c52ed8a8c5ba
Deposit or zone
Low Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
323000000
Grade
0.02
Grade Unit
g/t
Contained Metal
197.6
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 323 Mt at 0.02 g/t Au in the low-grade sulphide category, providing additional by-product value.

Positive factors

  • Gold as a by-product in the low-grade sulphide indicated resource

Evidence · table

“0.02”

Context: 323

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 323000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:d4bc13a3c52ed8a8c5ba
Deposit or zone
Low Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
323000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 323 Mt with a 0.22% CuEq grade in the low-grade sulphide category, reflecting the combined value of multiple metals.

Positive factors

  • Copper equivalent grade for low-grade indicated sulphide resource

Evidence · table

“0.22”

Context: 323

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 389000000Grade: 0.36Grade Unit: %Contained Metal: 1409Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:b89e68496ad1509f60c2
Deposit or zone
Total High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
389000000
Grade
0.36
Grade Unit
%
Contained Metal
1409
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Significant total indicated resource of 389 Mt at 0.36% Cu in the high-grade category, representing a substantial portion of the resource.

Positive factors

  • Large total high-grade indicated resource for copper

Evidence · table

“0.36”

Context: 389

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · molybdenumTonnes: 389000000Grade: 69Grade Unit: ppmContained Metal: 26.9Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:b89e68496ad1509f60c2
Deposit or zone
Total High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
389000000
Grade
69
Grade Unit
ppm
Contained Metal
26.9
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total indicated resource of 389 Mt at 69 ppm Mo in the high-grade category, adding substantial by-product value.

Positive factors

  • Molybdenum as a significant by-product in the total high-grade indicated resource

Evidence · table

“69”

Context: 389

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · goldTonnes: 389000000Grade: 0.02Grade Unit: g/tContained Metal: 272Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:b89e68496ad1509f60c2
Deposit or zone
Total High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
389000000
Grade
0.02
Grade Unit
g/t
Contained Metal
272
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total indicated resource of 389 Mt at 0.02 g/t Au in the high-grade category, providing additional by-product value.

Positive factors

  • Gold as a by-product in the total high-grade indicated resource

Evidence · table

“0.02”

Context: 389

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 389000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:b89e68496ad1509f60c2
Deposit or zone
Total High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
389000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.4
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total indicated resource of 389 Mt with a 0.40% CuEq grade in the high-grade category, reflecting the combined value of multiple metals.

Positive factors

  • High copper equivalent grade for total high-grade indicated resource

Evidence · table

“0.40”

Context: 389

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 355000000Grade: 0.19Grade Unit: %Contained Metal: 681Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:5eecad041f61be89e394
Deposit or zone
Total Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
355000000
Grade
0.19
Grade Unit
%
Contained Metal
681
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total indicated resource of 355 Mt at 0.19% Cu in the low-grade category, contributing to the total resource base.

Positive factors

  • Total low-grade indicated resource adds to overall tonnage

Evidence · table

“0.19”

Context: 355

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · molybdenumTonnes: 355000000Grade: 56Grade Unit: ppmContained Metal: 20.1Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:5eecad041f61be89e394
Deposit or zone
Total Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
355000000
Grade
56
Grade Unit
ppm
Contained Metal
20.1
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total indicated resource of 355 Mt at 56 ppm Mo in the low-grade category, adding by-product value.

Positive factors

  • Molybdenum as a by-product in the total low-grade indicated resource

Evidence · table

“56”

Context: 355

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · goldTonnes: 355000000Grade: 0.02Grade Unit: g/tContained Metal: 215.9Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:5eecad041f61be89e394
Deposit or zone
Total Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
355000000
Grade
0.02
Grade Unit
g/t
Contained Metal
215.9
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total indicated resource of 355 Mt at 0.02 g/t Au in the low-grade category, providing additional by-product value.

Positive factors

  • Gold as a by-product in the total low-grade indicated resource

Evidence · table

“0.02”

Context: 355

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 355000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:5eecad041f61be89e394
Deposit or zone
Total Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
355000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total indicated resource of 355 Mt with a 0.22% CuEq grade in the low-grade category, reflecting the combined value of multiple metals.

Positive factors

  • Copper equivalent grade for total low-grade indicated resource

Evidence · table

“0.22”

Context: 355

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 744000000Grade: 0.28Grade Unit: %Contained Metal: 2090Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:97366fbb17b49c1bedb9
Deposit or zone
Total
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
744000000
Grade
0.28
Grade Unit
%
Contained Metal
2090
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total indicated resource of 744 Mt at 0.28% Cu, representing a substantial and high-confidence resource base for copper.

Positive factors

  • Large total indicated resource for copper
  • Significant contained copper

Evidence · table

“0.28”

Context: 744

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · molybdenumTonnes: 744000000Grade: 63Grade Unit: ppmContained Metal: 47Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:97366fbb17b49c1bedb9
Deposit or zone
Total
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
744000000
Grade
63
Grade Unit
ppm
Contained Metal
47
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total indicated resource of 744 Mt at 63 ppm Mo, adding substantial by-product value to the project.

Positive factors

  • Significant molybdenum by-product in the total indicated resource

Evidence · table

“63”

Context: 744

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · goldTonnes: 744000000Grade: 0.02Grade Unit: g/tContained Metal: 487.9Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:97366fbb17b49c1bedb9
Deposit or zone
Total
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
744000000
Grade
0.02
Grade Unit
g/t
Contained Metal
487.9
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total indicated resource of 744 Mt at 0.02 g/t Au, providing additional by-product value.

Positive factors

  • Significant gold by-product in the total indicated resource

Evidence · table

“0.02”

Context: 744

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 744000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:97366fbb17b49c1bedb9
Deposit or zone
Total
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
744000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.32
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total indicated resource of 744 Mt with a 0.32% CuEq grade, reflecting the significant combined value of multiple metals.

Positive factors

  • Strong copper equivalent grade for total indicated resource

Evidence · table

“0.32”

Context: 744

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 5000000Grade: 0.3Grade Unit: %Contained Metal: 14Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:aa4ea35263f041b5da93
Deposit or zone
High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
5000000
Grade
0.3
Grade Unit
%
Contained Metal
14
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 5 Mt at 0.30% Cu in the high-grade oxide and transitional category, adding to the overall resource potential.

Positive factors

  • High-grade inferred resource for oxide and transitional material

Evidence · table

“0.30”

Context: 5

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · molybdenumTonnes: 5000000Grade: 45Grade Unit: ppmContained Metal: 0.2Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:aa4ea35263f041b5da93
Deposit or zone
High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
5000000
Grade
45
Grade Unit
ppm
Contained Metal
0.2
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 5 Mt at 45 ppm Mo in the high-grade oxide and transitional category, adding by-product potential.

Positive factors

  • Molybdenum as a by-product in the inferred resource

Evidence · table

“45”

Context: 5

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · goldTonnes: 5000000Grade: 0.02Grade Unit: g/tContained Metal: 2.7Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:aa4ea35263f041b5da93
Deposit or zone
High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
5000000
Grade
0.02
Grade Unit
g/t
Contained Metal
2.7
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 5 Mt at 0.02 g/t Au in the high-grade oxide and transitional category, providing additional by-product potential.

Positive factors

  • Gold as a by-product in the inferred resource

Evidence · table

“0.02”

Context: 5

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 5000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:aa4ea35263f041b5da93
Deposit or zone
High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
5000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.33
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 5 Mt with a 0.33% CuEq grade in the high-grade oxide and transitional category, reflecting the combined value of multiple metals.

Positive factors

  • Copper equivalent grade for high-grade inferred resource

Evidence · table

“0.33”

Context: 5

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 30000000Grade: 0.19Grade Unit: %Contained Metal: 56Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:3e88ba5c38542ab65367
Deposit or zone
Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
30000000
Grade
0.19
Grade Unit
%
Contained Metal
56
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 30 Mt at 0.19% Cu in the low-grade oxide and transitional category, contributing to the total resource potential.

Positive factors

  • Low-grade inferred resource adds to overall tonnage

Evidence · table

“0.19”

Context: 30

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · molybdenumTonnes: 30000000Grade: 51Grade Unit: ppmContained Metal: 1.5Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:3e88ba5c38542ab65367
Deposit or zone
Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
30000000
Grade
51
Grade Unit
ppm
Contained Metal
1.5
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 30 Mt at 51 ppm Mo in the low-grade oxide and transitional category, adding by-product potential.

Positive factors

  • Molybdenum as a by-product in the low-grade inferred resource

Evidence · table

“51”

Context: 30

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · goldTonnes: 30000000Grade: 0.02Grade Unit: g/tContained Metal: 21.4Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:3e88ba5c38542ab65367
Deposit or zone
Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
30000000
Grade
0.02
Grade Unit
g/t
Contained Metal
21.4
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 30 Mt at 0.02 g/t Au in the low-grade oxide and transitional category, providing additional by-product potential.

Positive factors

  • Gold as a by-product in the low-grade inferred resource

Evidence · table

“0.02”

Context: 30

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 30000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:3e88ba5c38542ab65367
Deposit or zone
Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
30000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 30 Mt with a 0.22% CuEq grade in the low-grade oxide and transitional category, reflecting the combined value of multiple metals.

Positive factors

  • Copper equivalent grade for low-grade inferred resource

Evidence · table

“0.22”

Context: 30

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 177000000Grade: 0.35Grade Unit: %Contained Metal: 622Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:c1c1e4a85930f1519afc
Deposit or zone
High Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
177000000
Grade
0.35
Grade Unit
%
Contained Metal
622
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 177 Mt at 0.35% Cu in the high-grade sulphide category, adding to the overall resource potential.

Positive factors

  • High-grade inferred sulphide resource for copper

Evidence · table

“0.35”

Context: 177

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · molybdenumTonnes: 177000000Grade: 85Grade Unit: ppmContained Metal: 15.1Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:c1c1e4a85930f1519afc
Deposit or zone
High Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
177000000
Grade
85
Grade Unit
ppm
Contained Metal
15.1
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 177 Mt at 85 ppm Mo in the high-grade sulphide category, adding substantial by-product potential.

Positive factors

  • Molybdenum as a significant by-product in the high-grade sulphide inferred resource

Evidence · table

“85”

Context: 177

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · goldTonnes: 177000000Grade: 0.02Grade Unit: g/tContained Metal: 121.6Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:c1c1e4a85930f1519afc
Deposit or zone
High Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
177000000
Grade
0.02
Grade Unit
g/t
Contained Metal
121.6
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 177 Mt at 0.02 g/t Au in the high-grade sulphide category, providing additional by-product potential.

Positive factors

  • Gold as a by-product in the high-grade sulphide inferred resource

Evidence · table

“0.02”

Context: 177

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 177000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:c1c1e4a85930f1519afc
Deposit or zone
High Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
177000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.39
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 177 Mt with a 0.39% CuEq grade in the high-grade sulphide category, reflecting the combined value of multiple metals.

Positive factors

  • High copper equivalent grade for inferred sulphide resource

Evidence · table

“0.39”

Context: 177

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 367000000Grade: 0.19Grade Unit: %Contained Metal: 693Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:b90a6dacad4c842fb505
Deposit or zone
Low Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
367000000
Grade
0.19
Grade Unit
%
Contained Metal
693
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 367 Mt at 0.19% Cu in the low-grade sulphide category, contributing to the total resource potential.

Positive factors

  • Low-grade inferred sulphide resource adds to overall tonnage

Evidence · table

“0.19”

Context: 367

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · molybdenumTonnes: 367000000Grade: 58Grade Unit: ppmContained Metal: 21.5Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:b90a6dacad4c842fb505
Deposit or zone
Low Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
367000000
Grade
58
Grade Unit
ppm
Contained Metal
21.5
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 367 Mt at 58 ppm Mo in the low-grade sulphide category, adding by-product potential.

Positive factors

  • Molybdenum as a by-product in the low-grade sulphide inferred resource

Evidence · table

“58”

Context: 367

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · goldTonnes: 367000000Grade: 0.02Grade Unit: g/tContained Metal: 234.5Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:b90a6dacad4c842fb505
Deposit or zone
Low Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
367000000
Grade
0.02
Grade Unit
g/t
Contained Metal
234.5
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 367 Mt at 0.02 g/t Au in the low-grade sulphide category, providing additional by-product potential.

Positive factors

  • Gold as a by-product in the low-grade sulphide inferred resource

Evidence · table

“0.02”

Context: 367

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 367000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:b90a6dacad4c842fb505
Deposit or zone
Low Grade
Mining method
open_pit
Material type
sulphide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
367000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Inferred resource of 367 Mt with a 0.22% CuEq grade in the low-grade sulphide category, reflecting the combined value of multiple metals.

Positive factors

  • Copper equivalent grade for low-grade inferred sulphide resource

Evidence · table

“0.22”

Context: 367

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 182000000Grade: 0.35Grade Unit: %Contained Metal: 636Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:010fe80a68919a70cfc4
Deposit or zone
Total High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
182000000
Grade
0.35
Grade Unit
%
Contained Metal
636
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 182 Mt at 0.35% Cu in the high-grade category, adding to the overall resource potential.

Positive factors

  • Total high-grade inferred resource for copper

Evidence · table

“0.35”

Context: 182

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · molybdenumTonnes: 182000000Grade: 84Grade Unit: ppmContained Metal: 15.4Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:010fe80a68919a70cfc4
Deposit or zone
Total High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
182000000
Grade
84
Grade Unit
ppm
Contained Metal
15.4
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 182 Mt at 84 ppm Mo in the high-grade category, adding substantial by-product potential.

Positive factors

  • Molybdenum as a significant by-product in the total high-grade inferred resource

Evidence · table

“84”

Context: 182

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · goldTonnes: 182000000Grade: 0.02Grade Unit: g/tContained Metal: 124.3Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:010fe80a68919a70cfc4
Deposit or zone
Total High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
182000000
Grade
0.02
Grade Unit
g/t
Contained Metal
124.3
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 182 Mt at 0.02 g/t Au in the high-grade category, providing additional by-product potential.

Positive factors

  • Gold as a by-product in the total high-grade inferred resource

Evidence · table

“0.02”

Context: 182

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 182000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:010fe80a68919a70cfc4
Deposit or zone
Total High Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
182000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.39
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 182 Mt with a 0.39% CuEq grade in the high-grade category, reflecting the combined value of multiple metals.

Positive factors

  • Copper equivalent grade for total high-grade inferred resource

Evidence · table

“0.39”

Context: 182

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 397000000Grade: 0.19Grade Unit: %Contained Metal: 749Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:d5344ec73388dc5ade5d
Deposit or zone
Total Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
397000000
Grade
0.19
Grade Unit
%
Contained Metal
749
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 397 Mt at 0.19% Cu in the low-grade category, contributing to the total resource potential.

Positive factors

  • Total low-grade inferred resource adds to overall tonnage

Evidence · table

“0.19”

Context: 397

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · molybdenumTonnes: 397000000Grade: 58Grade Unit: ppmContained Metal: 23Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:d5344ec73388dc5ade5d
Deposit or zone
Total Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
397000000
Grade
58
Grade Unit
ppm
Contained Metal
23
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 397 Mt at 58 ppm Mo in the low-grade category, adding by-product potential.

Positive factors

  • Molybdenum as a by-product in the total low-grade inferred resource

Evidence · table

“58”

Context: 397

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · goldTonnes: 397000000Grade: 0.02Grade Unit: g/tContained Metal: 255.9Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:d5344ec73388dc5ade5d
Deposit or zone
Total Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
397000000
Grade
0.02
Grade Unit
g/t
Contained Metal
255.9
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 397 Mt at 0.02 g/t Au in the low-grade category, providing additional by-product potential.

Positive factors

  • Gold as a by-product in the total low-grade inferred resource

Evidence · table

“0.02”

Context: 397

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 397000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:d5344ec73388dc5ade5d
Deposit or zone
Total Low Grade
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
397000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 397 Mt with a 0.22% CuEq grade in the low-grade category, reflecting the combined value of multiple metals.

Positive factors

  • Copper equivalent grade for total low-grade inferred resource

Evidence · table

“0.22”

Context: 397

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 579000000Grade: 0.24Grade Unit: %Contained Metal: 1385Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:360e2f7ef2439a05916a
Deposit or zone
Total
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
579000000
Grade
0.24
Grade Unit
%
Contained Metal
1385
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 579 Mt at 0.24% Cu, representing a substantial resource base for copper with future conversion potential.

Positive factors

  • Large total inferred resource for copper
  • Significant contained copper

Evidence · table

“0.24”

Context: 579

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · molybdenumTonnes: 579000000Grade: 66Grade Unit: ppmContained Metal: 38.3Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:360e2f7ef2439a05916a
Deposit or zone
Total
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
579000000
Grade
66
Grade Unit
ppm
Contained Metal
38.3
Contained Unit
kt
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 579 Mt at 66 ppm Mo, adding substantial by-product value to the project's potential.

Positive factors

  • Significant molybdenum by-product in the total inferred resource

Evidence · table

“66”

Context: 579

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · goldTonnes: 579000000Grade: 0.02Grade Unit: g/tContained Metal: 380.2Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:360e2f7ef2439a05916a
Deposit or zone
Total
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
579000000
Grade
0.02
Grade Unit
g/t
Contained Metal
380.2
Contained Unit
koz
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 579 Mt at 0.02 g/t Au, providing additional by-product value to the project's potential.

Positive factors

  • Significant gold by-product in the total inferred resource

Evidence · table

“0.02”

Context: 579

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredHaib Copper Project · copperTonnes: 579000000View all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:360e2f7ef2439a05916a
Deposit or zone
Total
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
579000000
Cutoff Grade
0.15
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Metal Eq. Grade
0.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total inferred resource of 579 Mt with a 0.28% CuEq grade, reflecting the significant combined value of multiple metals and future conversion potential.

Positive factors

  • Strong copper equivalent grade for total inferred resource

Evidence · table

“0.28”

Context: 579

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Project TotalHaib Copper Project · copperContained Metal: 3.5Contained Unit: mtView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:f298197b6807bc982948
Deposit or zone
Project Total
Mining method
open_pit
Material type
Total
Ownership percent
100 %

Resource Data

Contained Metal
3.5
Contained Unit
mt
Cutoff Grade
0.15
Cutoff Unit
%

Prior Estimate

Resource Date
2026-03-16
Prior Contained Metal
2600

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Total contained copper inventory increased significantly from 2.6 Mt to 3.5 Mt, indicating substantial growth in the overall resource base.

Positive factors

  • Significant increase in total contained copper
  • Demonstrates growth of the overall resource

Evidence · text

“total copper inventory from 2.6Mt to 3.5Mt of contained copper”

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 3.5 against 2600 previously

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

Fact 58Haib Copper ProjectView all details
Link to this fact

Identity

Project
Haib Copper Project
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:2122aa0824ff42cdf1c5
Mining method
open_pit
Ownership percent
100 %

Resource Data

Cutoff Grade
0.15
Cutoff Unit
%

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: The stripping ratio was significantly reduced from 1.74x to 0.92x, which is a strong positive for project economics and operational efficiency.

Positive factors

  • Significant reduction in stripping ratio
  • Improved project economics and lower waste removal

Evidence · text

“Stripping ratio reduced to 0.92x from 1.74x”

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · copperTonnes: 888000000Grade: 0.26Grade Unit: %Contained Metal: 2267Contained Unit: ktView all details
Link to this fact

Identity

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

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:2cc442e52bc40be02edf
Deposit or zone
Project Wide
Mining method
open_pit
Material type
Total
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
888000000
Grade
0.26
Grade Unit
%
Contained Metal
2267
Contained Unit
kt
Cutoff Grade
0.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 888 Mt at 0.26% Cu at a 0.10% Cu cut-off, demonstrating significant tonnage potential.

Positive factors

  • Large indicated resource at a lower cut-off grade

Evidence · table

“0.26”

Context: 888

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · molybdenumTonnes: 888000000Grade: 61Grade Unit: ppmContained Metal: 53.9Contained Unit: ktView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
molybdenum
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:2cc442e52bc40be02edf
Deposit or zone
Project Wide
Mining method
open_pit
Material type
Total
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
888000000
Grade
61
Grade Unit
ppm
Contained Metal
53.9
Contained Unit
kt
Cutoff Grade
0.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 888 Mt at 61 ppm Mo at a 0.10% Cu cut-off, adding by-product value.

Positive factors

  • Molybdenum by-product in the indicated resource at lower cut-off

Evidence · table

“61”

Context: 888

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedHaib Copper Project · goldTonnes: 888000000Grade: 0.02Grade Unit: g/tContained Metal: 569.2Contained Unit: kozView all details
Link to this fact

Identity

Project
Haib Copper Project
Commodity
gold
Region
namibia
Reported Region
Namibia
Ticker
KRY

Resource scope

Estimate type
resource
Effective date
2026-03-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
J.C. Witley
Resource group id
resource:2cc442e52bc40be02edf
Deposit or zone
Project Wide
Mining method
open_pit
Material type
Total
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
888000000
Grade
0.02
Grade Unit
g/t
Contained Metal
569.2
Contained Unit
koz
Cutoff Grade
0.1
Cutoff Unit
% Cu

Prior Estimate

Resource Date
2026-03-16

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Laboratories Ltd.

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-25T00:00:00.000Z

Reasoning: Indicated resource of 888 Mt at 0.020 g/t Au at a 0.10% Cu cut-off, providing additional by-product value.

Positive factors

  • Gold by-product in the indicated resource at lower cut-off

Evidence · table

“0.020”

Context: 888

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

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.