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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.

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Price: 0.072 AUD

ASX:PXX
Market: ASX
Market Cap: $29.97 m
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PolarX to survey large copper-gold porphyry system confirmed in 3D modelling

PolarX Ltd (ASX:PXX) managing director Frazer Tabeart updates Proactive Investors on the explorer’s recent 3D modelling results which confirm a large copper-gold porphyry target at its Alaska Range Project. When combined with other key geological features established in earlier...

on 2/4/19

2 min read