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PolarX Ltd.
Summary
| Project: | Alaska Range | |
|---|---|---|
| Deposit: | Zackly | |
| Location: | United States | |
| Commodities: | Gold-Copper | |
| Date: | 12/6/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-12-2017: PolarX Ltd. announces an Exploration/Drilling Update report for its Zackly deposit at the Alaska Range project. Drilling results incl. 18.44m @ 1.34% Cu, 1.15g/t Au from 169.47m. olarX Limited (ASX: PXX) is pleased to report further strong assa | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Frazer Tabeart (Internal) | |
| ABSTRACT: | olarX Limited (ASX: PXX) is pleased to report further strong assays which will form part of the impending maiden JORC Resource estimate at its Zackly copper‐gold deposit within its Alaska Range Project. These new assay results from two holes further confirm the presence of wide copper and gold mineralisation at the Zackly skarn deposit (refer to cross‐sections in Figures 3, 4 and 5). The results complement the assays from the first five holes (Figure 1, Figure 2 and Table A). A total of 13 holes were drilled, 11 of which were designed to validate existing drill intersections and better define the deposit (Figure 1 and Table B) The latest holes often intersect mineralisation over significantly wider intercepts than the twinned historical holes, predominantly due to better core recoveries in PolarX’s drilling. Examples include ZM‐ 17002, which intersected a 33.4m width of mineralisation compared to 6.1m in the nearby historical hole Z‐43 (Figure 3), and ZM‐17007, which intersected 14.5m of mineralisation compared to 1.5m in nearby historical holes Z‐69 and Z‐70 (Figure 4). Results to date continue to highlight that the best mineralisation in the skarn generally occurs in the stratigraphicaly upper part of the skarn body near the faulted contact with the limestone. | |
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