PolarX granted trading halt pending news of a capital raising
The halt will remain in place until the start of normal trading on Friday, July 27, or when the announcement is released.
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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PolarX drills copper sulphides 350 metres away from JORC resource
The drill core will be sent to the laboratory for confirmatory official assays.
PolarX intersects visible copper and gold 100 metres below high-grade inferred resource
The Zackly inferred resource is 41,000 tonnes of copper, 213,000 ounces of gold and 1.5 million ounces of silver over a strike length of 1 kilometre.
PolarX intersects visible copper and gold mineralisation at Alaska Range project
The Zackly inferred resource is 41,000 tonnes of copper, 213,000 ounces of gold and 1.5 million ounces of silver.
PolarX begins drilling to expand copper-gold resource in Alaska
5,000 metre core drilling program to grow the existing JORC resource.
PolarX about to start copper gold resource expansion drilling
A resource expansion will support feasibility studies on a future mining operation.
PolarX concludes $2.52 million raise for Alaska Range copper‐gold project
Preparations for the 2018 field program are now well advanced with drilling scheduled to commence in a few weeks.
PolarX prepares for resource expansion in Alaska following $2.5 million raise
The funds will be used for resource extension drilling at the Zackly copper-gold-silver skarn deposit in the Alaska Range Project.
PolarX enters trading halt ahead of capital raising
The company recently completed an investor roadshows in London, New York and Toronto.
PolarX Ltd releases maiden JORC inferred resource at Zackly, validating historical data
Zackly is one of several deposits and prospects at the Alaska Range Project.
PolarX advancing copper-gold assets in Alaska, maiden JORC resource at Zackly pending
The company is set to release its maiden JORC resource at the Zackly deposit soon.
PolarX's screen fire assaying from Zackly returns substantially higher gold grades
The results will be used to calculate the maiden JORC resource estimate for Zackly.
PolarX Ltd secures new area prospective for copper, gold in Alaska
Recent drilling confirmed high‐grade copper‐gold at Alaska Range Project.
PolarX director increases indirect interest in company through share purchases
The interest is held through Orogen Investments, which holds 5.1% of the company.
PolarX eyes maiden JORC resource at Zackly copper‐gold deposit
Shares are up 45% year to date, last traded at $0.125.
PolarX’s drilling confirms high‐grade copper‐gold at Alaska Range Project
The company is revising the existing historical copper and gold resource.
PolarX shares continue run, copper-gold assays imminent
Shares in PolarX are up 45% in the past month to $0.175.