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Full interview: PolarX encounters encouraging results in drilling at Alaska Range project

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 the alteration, vein composition, vein morphology and presence of copper and molybdenum sulphides were consistent with magmatic hydrothermal mineralisation potentially related to a nearby porphyry deposit.

At Saturn drilling has identified geology, alteration patterns and local hydrothermal veining consistent with a deeper porphyry source.

PolarX is awaiting assays from the drilling which may also reveal gold content.

Quick facts: PolarX Ltd

Price: 0.034 AUD

Market: ASX
Market Cap: $22.67 m

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PolarX updates on due diligence sampling at Humboldt Range gold-silver project

PolarX Ltd's (ASX:PXX) Frazer Tabeart tells Proactive they've verified the presence of high gold and silver grades up to 37 g/t gold and 1590 g/t silver at several sites following assay results from its due diligence sampling program at the Humboldt Range Gold-Silver Project in Nevada, USA. The...

3 weeks, 1 day ago

2 min read