For thousands of other reports visit RSC's Mineral Intellingence Map

PolarX Ltd.

opaxe

Summary

Project:

Alaska Range

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).

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report