PolarX outlines rapid expansion at Alaska Range Project
The project has upside potential for larger porphyry copper‐gold discoveries.
Company
PolarX Ltd
ASX:PXX
PolarX Ltd (ASX:PXX) is an Australian exploration and development company with a project portfolio exclusively in the United States. The primary interest is exploration and development of the Alaska Range Project, which contains the Caribou Dome Project and the Stellar Project. PolarX also has an interest in the high-grade Humboldt Range Gold-Silver Project in northwest Nevada, which comprises 177 lode mining claims and complements the Alaskan project, providing year-round exploration.
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Investments and investor services
PolarX substantial shareholder JPMorgan Chase & Co boosts interest to 9.73%
Subsidiary JPMorgan Asset Management (UK) Limited has acquired further shares with a value of $340,000.
PolarX completes $1.26 million placement for Alaska Range Project
The company has made significant progress on its Alaska Range Project this year.
PolarX secures $1.26 million funding from share placement
As the copper-gold JORC resource is expanded, so are the potential project economics.
PolarX enters trading halt ahead of capital raising
The company has added substantial size to its Alaska Range copper-gold skarn mineralisation in 2018.
PolarX enhances copper-gold potential of Alaska Range Project: Independent Investment Research
The 2018 drilling has added significant size to the Zackly copper-gold skarn mineralisation.
PolarX closing in on potential copper-gold discovery at Mars
Importantly, the results directly coincide with an IP anomaly 100‐150 metres below the surface.
PolarX copper-gold results reinforce potential for large open pit at Zackly
Broad near-surface intersections have been returned from drilling near the existing inferred resource.
PolarX survey confirms porphyry copper-gold potential at Zackly SE in Alaska
A new high-resolution aeromagnetic survey has provided a significant improvement in resolution.
Arrow Minerals managing director increases stake amid Strickland drilling campaign
The full results of the 14,000-metre drilling campaign are expected by December.
PolarX’s efforts may update resources at ‘open-pittable’ Alaska Range Copper-Gold Project
The project includes the “smoking gun” deposit Zackly which contains an inferred resource of 41,200 tonnes of copper, 213,000 ounces of gold and 1.5 million ounces of silver, with mineralisation continuing 100 metres below the bounty.
PolarX extends new high-grade copper gold zone at Alaska Range with thick drill intervals
The new zone lies 850 metres along strike from the existing Zackly JORC resource.
PolarX drills 15 metres at 2.3% copper and 2.2 g/t gold
Drill results continue to reveal the large growth potential of the Zackly copper-gold deposit.
PolarX drills out more near-surface, high-grade copper gold silver
The company continues to drill mineralisation outside the JORC resource boundary.
PolarX derisks Alaska Range Copper-Gold Project with exploration
The project includes the “smoking gun” deposit Zackly which contains 41,200 tonnes of copper, 213,000 ounces of gold and 1.5 million ounces of silver.
PolarX hits up to 3.2% copper and 9.3 g/t gold below Zackly resource at Alaska Range
Mineralisation is extended below the inferred resource of 41,000 tonnes of copper, 213,000 gold ounces and 1.5 million silver ounces.
PolarX hits high-grade gold and copper, Alaska Range resource increase expected
Alaska Range hosts a resource of 127,000 tonnes of copper, 213,000 gold ounces and 1.5 million silver ounces.
S&P Global Market Intelligence highlights 83% reduction in major copper discoveries
The drop-off in discoveries of more than 500,000 tonnes was experienced despite a 114.5% increase in exploration expenditure between the two periods.
PolarX drills out visible copper sulphides in latest hole at Zackly
Funding was recently secured to accelerate exploration and development activities.
PolarX attracts $3.9 million to accelerate exploration activities at the Alaska Range Project
Funds to be used for airborne/ground geophysical surveying and preliminary drilling.