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PolarX’s high-grade copper-gold results in Alaska indicate potential for open pit mining

PolarX Ltd (ASX:PXX) managing director Frazer Tabeart updates Proactive Investors on recent high-grade copper and gold assay results from its Alaska Range Project in the USA.
 
The results indicate the potential for flat-lying and thick near-surface mineralisation, suitable for low-cost open pit extraction, and extend the sub-horizontal mineralisation encountered in previous drilling.
 
“We’ve got 40-50 metres thickness of high-grade mineralisation, almost from surface, and that mineralisation is a little bit of different from what we’ve seen before inasmuch as it’s flat-lying and very thick,” Tabeart says.
 
He continues, “if we can drill that out over some area we can have a fairly large open-pittable resource, as opposed to an underground mining proposition for the remainder of the resource.”

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ASX:PXX
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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...

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