PolarX: Latest Intersection Reinforces Potential for Substantial Open Pit at Zackly

- November 13th, 2018

The company said the results and surface geometry highlight the potential for open‐pit mining at Zackly.

PolarX Limited (ASX: PXX) has reported more strong assays which it says demonstrate the potential for a significant gold‐copper open pit mine at the Zackly deposit within its Alaska Range project in the eponymous US state.

As highlighted in the press release:

  • Assays reveal the latest hole at Zackly intersected multiple mineralized zones starting just 8.2m from surface
  • The hole is adjacent to a new 47‐55m thick sub‐horizontal zone of mineralization which returned assays of up to 3.1 grams per tonne (g/t) gold and 0.6 percent copper
  • These results and surface geometry highlight the potential for open‐pit mining
  • The mineralization remains open in all directions and there is strong potential for it to connect to the Zackly inferred resource, 850m to the west
  • The latest result, combined with the recent high‐resolution magnetic data, provides more evidence of a nearby porphyry complex

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

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