PXX 12.5% 0.7¢ polarx limited

Ann: Maiden JORC Mineral Resource Estimate at Zackly Deposit, page-38

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  1. 3,610 Posts.
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    Funny how the negative ones come out now,read this we will have a massive discovery and rerate this quarter,these guys know what their doing,money will be no problem through our main investors either....................................................Zackly remains open for extension along strike and at depth.
    The resource delineation stemmed from PolarX’s maiden drilling program at the Alaska Range Project.
    It included 41,200 tonnes of copper and 213,000 ounces of gold, validating the historical non-JORC resource estimates previously defined at Zackly.
    Tabeart said: “There is now overwhelming evidence that the style of mineralisation and the geological setting is entirely consistent with the presence of large systems which can host truly world-class copper-gold porphyry intrusions.”
    Part of much larger resource

    Zackly is one of several deposits and prospects at the Alaska Range Project, where 35 kilometres of strike has been outlined with high-grade gold and copper from the surface.
    The Caribou Dome deposit, which occurs 20 kilometres southwest of Zackly, has a JORC resource of 2.8 million tonnes at 3.1% copper.
    READ: PolarX advancing copper-gold assets in Alaska, maiden JORC resource at Zackly pending

    PolarX has also identified other prospects within the project area, with high-grade outcropping copper and gold in rock samples at established undrilled porphyry targets.
    The company is finalising further exploration and drilling programs to grow the resources at Zackly and Caribou Dome, and to test the Mars and Moonwalk prospects.
    This drilling is scheduled to start in the coming quarter.
 
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