PolarX has announced more strong drilling results from the Zackly copper‐gold deposit within its Alaska Range project.
PolarX (ASX: PXX) has announced more strong drilling results from the Zackly copper‐gold deposit within its Alaska Range project. The latest hole, ZX‐18025, has returned an 11.4m down‐hole intersection of magnetite skarn mineralization containing visible copper sulphides 350m east of the JORC Resource at Zackly.
As quoted in the press release:
This style of mineralization is consistent with that previously reported by the company, including ZX‐18023, which is 40m above this intersection, and close to historical percussion hole Z86, which intersected 11.3m at 1.3 percent copper and 2.9 grams per tonne (g/t) gold, including 5.1m at 2.3 percent copper and 5.3 g/t gold. The current drilling program has now hit visible copper oxides 850m along strike from the resource, visible gold and copper 300‐350m along strike from the resource and visible copper and gold 100m below the resource.
The current Zackly inferred resource stands at 41,000t of copper, 213,000oz of gold and 1.5Moz silver from surface. It occurs over a strike length of 1km and it is expected to increase as a result of the current drilling program