According to PolarX, new drilling extends thick, sub‐horizontal mineralization which starts just 2.5m from surface 850m east along strike from the existing JORC resource.
PolarX (ASX: PXX) has announced that drilling results for hole ZX‐18024 indicate potential for a relatively flat‐lying, thick zone of near‐surface mineralization 850m east of the Zackly copper‐gold deposit within its Alaska Range project.
According to the press release, the latest assays from hole ZX‐18024 confirm a 46.7m wide down‐hole interval from 37m depth containing 3.1grams per tonne (g/t) gold, 0.6 percent copper and 3.3 g/t silver. This new hole also includes a higher‐grade zone of 21.7m containing 5.2g/t gold, 0.8 percent copper and 4.1g/t silver from 59m depth.
As highlighted in the press release:
- 40m down‐dip from the recently discovered 55m wide high‐grade zone in ZX‐18020
- Extends thick, sub‐horizontal mineralization which starts just 2.5m from surface
- 850m east along strike from the existing JORC resource
- Geometry amenable to open‐pit mining
- Remains open in all directions
- Geology is consistent with proximity to a porphyry; strong vector towards Zackly SE