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Australia Investing
PolarX: Zackly Mineralization Extended
Aug. 21, 2018 08:30AM PST
Results confirm multiple zones of copper‐gold mineralization 100m vertically below the nearest hole in the current JORC resource.
PolarX (ASX: PXX) has announced more high‐grade assay results from resource extension drilling at the Zackly copper‐gold deposit within its Alaska Range Project.
According to the release, results from hole ZX‐18018 confirm multiple zones of copper‐gold mineralization 100m vertically below the nearest hole in the current JORC resource.
As quoted in the press release:
The cumulative width of these intersections is thicker than previous intercepts and includes 1.4m at 3.2 percent copper, 9.3 grams per tonne (g/t) gold and 38.2g/t silver from 285.8m and 2.5m at 2.3 percent copper, 3.5g/t gold and 18.5g/t silver from 326.1m.
These assays follow last week’s announcement that hole ZX‐18020 intersected 55m at 2.8g/t gold and 0.6 percent copper from near‐surface. This hole was 850m east of the resource.
The current Zackly inferred resource stands at 41,000t of copper, 213,000oz of gold and 1.5Moz silver from surface. It occurs over a strike length of 1km.
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Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
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Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
Learn about our editorial policies.