Koryx Copper Provides Project Development Update for the Haib Copper Project in Southern Namibia

Highlights  Process flow sheet optimization largely complete with potential for significant production and cost improvements, driven by 1) the improved mineral resource estimate 2) an optimized mine plan and 3) various process flow sheet enhancements including applying coarse particle flotation (“CPF”) to reject low-value waste rock. Haib test work confirms that using CPF in the milling circuit is expected to reject up to 25% of run-of-mine (“ROM”) feed as coarse tailings with only limited copper loss.