Koryx Copper Advances Zambia Exploration as Mpongwe and Luanshya West Targets Take Shape
Koryx Copper expands Zambia exploration at Mpongwe and Luanshya West as soil anomalies and drill targets emerge
TSX Venture Exchange-listed Koryx Copper is advancing systematic exploration across its Zambian copper assets, even as its flagship focus remains the Haib Copper Project in Namibia.
The company says ongoing work in Zambia is aimed at refining drill targets and prioritising the most prospective geological zones.
Koryx holds two large-scale exploration licences in Zambia: Luanshya West and Mpongwe. At Mpongwe, the company has completed approximately 4,000 soil samples (excluding QA/QC samples), forming the basis for regional geochemical analysis.
Recent results have identified multiple copper soil anomalies, particularly in geological settings comparable to the Lwabufubu target area.
Repeat sampling has reinforced Lwabufubu as a priority target for further exploration work.
Field programmes are scheduled to resume in late July following the rainy season. Planned activities include reconnaissance work at Lwabufubu, detailed mapping of MP1 and MP2 anomalies, infill soil sampling, and preliminary pitting.
The programme will also include continued regional sampling north and west of Lwabufubu, along with ground geophysical surveys to refine drill targets. Shallow drilling is planned to test bedrock beneath key geochemical and geophysical anomalies.
At Luanshya West, final soil sampling results from the south-west forestry area have been incorporated into future exploration planning.
While prioritisation remains unchanged, the company confirmed that drilling has been delayed by seasonal rains and is now expected later this year.
Koryx also reported progress on the transfer of its Zambian licences into a wholly owned local subsidiary.
Initial approval has been received from the Director of Mining and Non-Mining Rights, and legal processes are ongoing with support from Zambian counsel to complete formal documentation with the Ministry of Mines and Minerals Development.
The company currently holds a 51% interest in the licences, with an option to increase its stake to 80% through an additional US$2 million in exploration expenditure over the next 18 months.
Koryx Copper President and CEO Heye Daun said seasonal rainfall had delayed field activities but reaffirmed the company’s commitment to advancing its Zambian portfolio once licence transfers are completed.
He added that upcoming work will prioritise drilling at Luanshya West, while Mpongwe anomalies will be further evaluated for potential drill testing later in the year.
