# Koryx Copper Files Technical Report with Updated Mineral Resource Estimate for the Haib Copper Project, Southern Namibia Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/koryx-copper-files-technical-report-with-updated-mineral-resource-estimate-for-t--1ee3c8e4-c6ac-4794-9c00-45b20be8d8c1 Original source: https://money.tmx.com/en/quote/KRY/news/8930320996425380/koryx-copper-files-technical-report-with-updated-mineral-resource-estimate-for-t Publisher: tmx Original announcement: 2026-05-08T20:26:17.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Koryx Copper S.A. - Ticker: KRY - Exchange: TSX - Region: Namibia - Primary commodity: Copper - Secondary commodities: Molybdenum, Gold - Document categories: Resource update, Other - Extracted: 2026-09-18 06:45:02 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Koryx Copper has filed a new NI 43-101 Technical Report for the Haib Copper Project in Namibia, featuring an updated Mineral Resource Estimate effective March 16, 2026. The company plans to publish a new PEA in late Q2 2026 and a PFS in Q4 2026, supported by an upcoming 50,000m drilling program. Reasoning: The company has filed a new technical report containing an updated MRE, replacing an outdated PEA. While the departure of the COO is a corporate change, the technical roadmap \(drilling, PEA, and PFS\) provides clear project progression signals. - Positive factor: Updated Mineral Resource Estimate \(MRE\) filed - Positive factor: Clear roadmap for PEA and PFS - Positive factor: Planned 50,000m infill and growth drilling program - Positive factor: Porphyry deposit type with multiple metal potential - Negative factor: Departure of COO Facts used in scoring: 1 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The announcement is centered on the filing of a new technical report containing an updated mineral resource estimate. Evidence · text > announces that it has publicly filed on SEDAR+ its new technical report with the updated mineral resource estimate \(“ MRE ”\) **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The technical report is explicitly titled as an NI 43-101 Technical Report. Evidence · text > ‘NI 43-101 Technical Report – March 2026 Mineral Resource Estimate Haib Copper Project, Namibia’ **QP/CP Signed** Polarity: positive Definition: 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: Mr. J.C. Witley is named as the Qualified Person who reviewed and approved the technical information. Evidence · text > Mr. Witley has reviewed and approved the technical and scientific information within this news release. ## Extracted facts Stored fact records: 1. Some facts used in scoring do not have a stored record. ## Resource Estimates (1) ### Haib [Link to this fact](https://atlas-extractions.minestarters.com/news/koryx-copper-files-technical-report-with-updated-mineral-resource-estimate-for-t--1ee3c8e4-c6ac-4794-9c00-45b20be8d8c1#fact-resource-facts-0) Haib Copper Project · copper #### 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: Jeremy C. Witley, Valentine E. Coetzee - Resource group id: resource:37a7878599663274c802 - Deposit or zone: Haib - Mining method: open\_pit - Material type: sulphide - Ownership percent: 100 % #### Prior Estimate - Resource Date: 2026-03-16 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-08T00:00:00.000Z Reasoning: The filing of a new technical report with an updated MRE is a key de-risking and progression milestone. - Positive factor: Updated MRE filed Evidence · text > new technical report with the updated mineral resource estimate \(“ MRE ”\) titled ‘NI 43-101 Technical Report – March 2026 Mineral Resource Estimate Haib Copper Project, Namibia’ #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: 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 ## 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.