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PolarX 'expects resource upgrade later this year' at Alaska Range after drilling results

PolarX Ltd (ASX:PXX) CEO Frazer Tabeart updates Proactive Investors on development of the large-scale Alaska Range copper-gold-silver project.

The first batch of assay results from a Summer drilling program point towards a resource upgrade on the Zackly skarn deposit, with notable thick intersections of high-grade material near surface. Sampling and ground geophysics is planned for a number of other targets, in addition to a high-resolution airborne magnetic survey over the wider area.

PolarX recently closed a heavily oversubscribed placement, raising $3.9 million for works to increase the size of the mineralisation footprint.

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Price: 0.073 AUD

ASX:PXX
Market: ASX
Market Cap: $30.38 m
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Full interview: PolarX encounters encouraging results in drilling at Alaska...

PolarX Ltd (ASX:PXX) managing director Frazer Tabeart updates Proactive on first drilling results from the Mars and Saturn prospects in the Alaska Range project in Alaska. The drilling at Mars intersected porphyry-style veins containing visible copper and molybdenum sulphides. Tabeart said...

4 weeks ago

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