PolarX: Highly Succesful Magnetic Survey Confirms Compelling Porphyry Target at Zackly

- November 5th, 2018

The company said the survey results are considered important because they show several intrusions at Zackly SE which are in turn surrounded by a broad zone of magnetite destruction.

PolarX (ASX:PXX) has announced that its new high‐resolution aeromagnetic survey more clearly defines the significant copper‐gold porphyry potential of the Zackly SE prospect at its Alaska Range project.

The company said the survey results are considered important because they show several intrusions at Zackly SE which are in turn surrounded by a broad zone of magnetite destruction.

As highlighted in the press release:

  • Detailed aeromagnetic data defines multiple phases of intrusion at Zackly SE
  • The result is highly significant and confirms Zackly SE as a high‐priority porphyry target
  • Survey data also highlights a pronounced, 12km‐long mineralized structural corridor extending from Zackly SE to the Mars copper-gold porphyry target
  • The known high‐grade copper‐gold skarn mineralization at Zackly occurs along the fault‐bound northern edge of this corridor
  • The new data will greatly assist targeting drilling extensions to the 47‐55m thick, near‐surface high‐grade mineralization discovered in holes ZX‐18020 and ZX‐18024, 850m east of the existing inferred resource

Click here to read the full PolarX (ASX:PXX) press release.

What caused Copper's sharp rebound?

Read INN's 2021 report today for stocks, expert interviews and more

Get the latest Australia Investing stock information

Get the latest information about companies associated with Australia Investing Delivered directly to your inbox.

Australia Investing

Select None
Select All

Leave a Reply