The Conversation (0)
PolarX: High Grade Copper and Gold Discovered at Mars Prospect
Nov. 19, 2018 08:24AM PST
Assays from infill soil and rock‐chip sampling at the Mars prospect within the Alaska Range project confirm anomalous copper, gold, arsenic and molybdenum over an area measuring 2km x 1.5km.
PolarX (ASX: PXX) has announced strong soil sampling and rock‐chip assays which demonstrate the potential for a significant gold‐copper discovery at the Mars prospect within its Alaska Range project.
As highlighted in the press release:
- Assays from infill soil and rock‐chip sampling at the Mars prospect within the Alaska Range project confirm anomalous copper, gold, arsenic and molybdenum over an area measuring 2km x 1.5km.
- These directly coincide with an IP anomaly modelled at depths of 100‐150m below surface.
- These anomalies are associated with a cluster of hi‐resolution magnetic highs interpreted to represent intrusive centres.
- Rock‐chip sampling has identified some exceptionally high‐grade outcrops of mineralized veins and breccias, with peak values of >50 percent copper and 6.9 grams per tonne (g/t) gold.
- These coincident results are entirely consistent with the presence of a buried, mineralized copper-gold deposit and fully validate Mars as a very high priority drill‐target.
- Mars occurs at the critical intersection of a major terrane boundary and the 12km‐ long WNW corridor which hosts the Zackly Skarn and Zackly SE porphyry target.
