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Project: | Alaska Range | |
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Deposit: | Zackly | |
Location: | United States | |
Commodities: | Gold-Copper-Silver | |
Date: | 11/12/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 12-11-2018: PolarX Ltd. announces an Exploration/Drilling Update report for its Zackly deposit at the Alaska Range project. Drilling results incl. 20.2m @ 0.3% Cu, 1.1g/t Au, 5.3g/t Ag from 8.2m. PolarX Limited (ASX: PXX) is pleased to announce more stron | |
Resources: | (Resource): 127Kt Cu, 213Koz Au, 1.5Moz Ag contained at Alaska Range project | |
CP/QP: | [Overall Report]: Jason Berton (Internal) | |
ABSTRACT: | PolarX Limited (ASX: PXX) is pleased to announce more strong assays which demonstrate the potential for a significant gold‐copper open pit mine at the Zackly deposit within its Alaska Range Project. The latest assays from diamond drill hole ZX‐18021 confirm a 20.2m wide down‐hole interval from 8.2m depth containing 1.1g/t gold, 0.3% copper and 5.3g/t silver (Figures 1 and 2). This wide interval also includes higher‐grade zones; • 2.4m containing 2.3g/t gold, 1.3% copper and 23.6g/t silver from 8.5m depth AND • 2.9m containing 3.6g/t gold, 0.4% copper and 7.1g/t silver from 16.0m depth. Importantly, hole ZX‐18021 is 50m south from the thick mineralised intervals previously reported for holes ZX‐18020 & ZX‐18024. Hole ZX‐18020 contained 55m at 2.8g/t gold and 0.6% copper just 2.5m from surface (see ASX announcement 15 August 2018) and ZX‐18024 contained 46.7m at 3.1 g/t Au and 0.6% Cu (see ASX announcement 25 September 2018). | |
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