PolarX Ltd (ASX:PXX) has drilled out visible copper sulphides 350 metres outside the JORC resource at the Zackly copper-gold deposit within the Alaska Range Project in Alaska, US.
Drilling to date in the current program at Zackly continues to build the case for a larger JORC resource estimate at Zackly and in turn, an economic mining operation.
The latest hole returned an 11.4-metre down‐hole intersection of magnetite skarn mineralisation.
14 holes drilled in program to date
The current drilling program has now hit visible copper oxides 850 metres along strike from the resource, and visible gold and copper 300‐350 metres along strike from the resource.
Drilling has also intersected visible copper and gold 100 metres below the resource.
READ: PolarX attracts $3.9 million to accelerate exploration activities at the Alaska Range Project
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.
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.