PolarX Ltd (ASX:PXX) has received more encouraging drill results that support resource expansion for the Zackly copper-gold deposit within its Alaska Range Project, Alaska.
The company has visibly inspected 9.6 metres of copper sulphides drilled in a location 350 metres east of the standing Zackly JORC resource.
Significantly, in addition to this latest hole, the current drilling program has now hit visible copper oxides 850 metres along strike from the resource, visible gold 300 metres along strike from the resource and visible copper, and gold 100 metres below the resource.
Encouragingly, Zackly remains open at depth and along strike in both directions.
READ: PolarX intersects visible copper and gold 100 metres below high-grade inferred resource
The Alaska Range Project hosts both the Zackly and Caribou Dome deposits.
Combined, they currently host 127,000 tonnes of copper, 213,000 ounces of gold and 1.5 million ounces of silver.
PolarX’s objective is to rapidly delineate a sufficient resource inventory to underpin feasibility studies on combined or stand‐alone mining operations.
The Zackly resource occurs over a strike length of one kilometre and it is expected to increase as a result of the current drilling program
Porphyry upside at Zackly
As part of this drilling program, PolarX also aims to test the strong potential at Zackly for a deeper and much larger buried porphyry source.
PolarX believes a porphyry may be the source of the prominent magnetic anomaly at Zackly SE