PolarX Ltd (ASX:PXX)

PolarX Ltd (ASX:PXX)


Share Price
$ 0.06
Change
0.001 (1.82 %)
Market Cap
$17.88 m
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PolarX Ltd

PolarX is an advanced ASX-listed mineral explorer and developer (ASX: PXX). The recently formed PolarX brings together exciting Alaskan assets now comprising the “Alaska Range Project”.  High-Grade existing resources and numerous large unexplored advanced targets are within this impressive 35km mineralised belt now under PolarX’s control.

EPIC: PXX
Market: ASX:PXX
52-week High/Low: A$0.155 / A$0.053
Sector: Mining
Market Cap: A$17.88M
Website: www.polarx.com.au
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Big picture - Why invest in PolarX Ltd


PolarX Ltd Snapshot

PolarX is an advanced ASX-listed mineral explorer and developer (ASX: PXX). The recently formed PolarX brings together exciting Alaskan assets now comprising the “Alaska Range Project”.  High-Grade existing resources and numerous large unexplored advanced targets are within this impressive 35km mineralised belt now under PolarX’s control.

Stellar Project
Stellar Copper-Gold Project – 100% Owned

The Stellar Project (100% owned) comprises 182 contiguous State Mining Claims and is located immediately adjacent to the Company’s existing Caribou Dome Copper Project. The claims cover a total area of 240Km2

(click here for more information on this project)


Caribou Dome Project
Caribou Dome Copper Project

The Caribou Dome project comprises 2 key areas:

  • Caribou Dome – earning 80% – An un-mined JORC resource open in all directions
  • Senator Extensions – earning 90% – a newly discovered 5x5km soil anomaly grading up to 12.1% copper in rock chips.

(click here for more information on this project)

 


Last updated 3rd December 2018

Mark Bojanjac
Executive Chairman
B.Com, ICAA

Mark is a Chartered Accountant with more than 25 years’ direct experience in developing resource companies. He was a founding director of Gilt-Edged Mining Limited which discovered one of Australia’s highest grade gold mines and managing director of an unlisted public company which successfully developed and financed a 2.4Moz gold resource in Mongolia. He was previously CEO of Adamus Resources Limited, where he oversaw its advancement from an early stage exploration project through definitive feasibility studies and managed the debt and equity financing to build its successful Ghanaian gold mine. He is currently also a Non-Executive Director of Geopacific Resources Limited and of Kula Gold Limited, which are developing a copper mine in Cambodia and a gold mine in PNG respectively.


Frazer Tabeart
Managing Director
Ph.D, B.Sc (Hons), ARSM, MAIG

Frazer is a geologist with 30 years international experience in exploration and project development, with a strong technical background in porphyry copper-gold systems in SE Asia, SW Pacific, the American Cordillera and central and northern Asia. After spending 16 years with WMC Resources and managing exploration portfolios in the Philippines, Mongolia and Africa, he left to join the Mitchell River Group. He has served on ASX-listed Company Boards at Executive level over the past 10 years. He is a Director and Principal at Mitchell River Group (see below), and current Managing Director of African Energy Resources Limited and Non-Executive Director at Segue Resources Limited.


Jason Berton
Executive Director
Ph.D, B.Sc (Hons), MAusIMM

Jason is a geologist with more than 16 years’ mining and exploration experience including working for Homestake, Barrick and BHP Billiton and SRK Consulting. Jason has also previously spent two years in private equity investment and four years as Managing Director of ASX-listed Estrella Resources. Jason holds two Degrees, a Bachelor of Economics and a Bachelor of Science (Hons) plus a PhD in Structural Geology, all from Macquarie University.


Bob Boaz
Non-Executive Director
B.A. (Hons), M.A. Economics

Bob graduated with honours from McMaster University of Hamilton, Ontario with a Bachelor of Arts in Economics and has a Masters Degree in Economics from York University in Toronto. He is a highly respected financial and economic strategist in Canadian bond and equity markets with experience related to equity research, portfolio management, institutional sales and investment banking. Mr Boaz has more than 20 years’ experience in the finance industry, most recently as Managing Director, Investment Banking with Raymond James Ltd and Vice-President, Head of Research and in-house portfolio strategist for Dundee Securities Corporation. He is currently President & CEO of Aura Silver Resources Inc.


Ian Cunningham
CFO and Company Secretary
B.Com, LLB, ICAA, FGIA

Ian is a Chartered Accountant and Chartered Secretary with a Bachelor of Commerce degree and Bachelor of Laws degree from the University of Western Australia. He also holds a Graduate Diploma in Applied Corporate Governance from the Governance Institute of Australia and a Graduate Diploma of Applied Finance and Investment from the Securities Institute of Australia. Mr. Cunningham has 15 years’ experience in the resources industry in executive and senior management roles, including with Adamus Resources Ltd, during which time Adamus developed the Nzema Gold Mine (Ghana) before merging with Endeavour Mining Corporation.


Mitchell River Group
Technical Services

Mitchell River Group is a privately owned project generation and resource management and development group providing technical, commercial and management services to multiple ASX-listed companies. Current clients include ASX-listed African Energy Resources, Anova Metals, Exterra Resources and EVE Investments. MRG has been engaged to provide commercial and technical management of its Alaskan projects, including data management, resource modelling and estimation, management of feasibility studies and management of US permitting. www.mitchellrivergroup.com


Millrock Resources Inc.
Exploration and Logistic Services

Millrock is a 10.8% shareholder of PolarX provides on-ground exploration logistics under PolarX management at cost +10%. Based in Anchorage, Alaska, USA and TSX-V listed, Millrock has 20+ years Alaskan exploration experience as a focussed project generator. Millrock’s presence provides immediate in country and on-ground experience combined with incentive as a major shareholder.
www.millrockresources.com
 

Last updated 3rd December 2018

Perth Office

Street Address

Suite 1, 245 Churchill Avenue
Subiaco WA 6008

Postal Address

PO Box 457
West Perth WA 6872

Phone: +61 8 6465 5500
Fax: +61 8 6465 5599

Directors & Management

Mark Bojanjac
Executive Chairman

Robert Boaz
Non Executive Director

Frazer Tabeart
Managing Director

Jason Berton
Executive Director

Ian Cunningham
Chief Financial Officer & Company Secretary


Registered Office

Street Address

Suite 9, 5 Centro Avenue
Subiaco WA 6008
Australia

Postal Address

PO Box 457
West Perth WA 6872
Australia

Phone: +61 (08) 9226 1356
Fax: +61 (08) 9226 2027


Auditors

Stantons International

Website: www.stantons.com.au

Street Address

Level 2, 1 Walker Avenue
West Perth WA 6005
Australia
Phone: +61 8 9481 3188

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