PolarX: Latest Assay Returns 9.3m at 3.3 Percent Copper

- August 27th, 2018

The company says that the current Zackly inferred resource stands at 41,000 tonnes of copper, 213,000 ounces of gold and 1.5 million ounces of silver.

PolarX (ASX:PXX) has announced more strong assay results from well outside the resource boundary at the Zackly copper-gold deposit within its Alaska Range project.

As quoted in the press release:

The latest assays confirm a high-grade, 9.3m wide down-hole interval of magnetite skarn containing 3.3 percent copper, 2.3 grams per tonne (g/t) gold and 19.7 g/t silver, in hole ZX-18023, 350m east of the JORC resource at Zackly.

Significantly, this hole, ZX-10023, was drilled between the current resource and recently reported hole ZX-18020, which was drilled 850m along-strike from the resource and assayed 55m at 2.8g/t gold and 0.6 percent copper just 2.5m from surface.

The company says that the current Zackly inferred resource stands at 41,000 tonnes of copper, 213,000 ounces of gold and 1.5 million ounces of 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.

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