About PXX

Founded: n/a
Employees: 1
CEO: Jason Berton
WebsiteView website: www.polarx.com.au

PolarX Limited engages in the exploration and development of mineral properties in the United States. The company primarily explores for copper, gold, and silver deposits. Its flagship property is the Alaska Range project comprising the Stellar Gold Copper property with 231 contiguous state mining claims; Caribou Dome Copper property with 216 contiguous state mining claims; and the Senator Copper property mineral claims in Alaska. PolarX Limited is based in Subiaco, Australia.

Recent PXX News & Updates

Announcement • May 31

PolarX Limited Announces Geophysics Results and Sampling Assays from Alaska Range Project

PolarX Limited announced outstanding geophysics results and surface sampling assays that together highlight the potential for a major copper-gold system at the company's Alaska Range Project. New 3D magnetic inversion modeling has identified a large magnetic body with a diameter of 3.5km that extends north from the Zackly magnetite skarn deposit across Jupiter to the Gemini prospect. High-grade surface mineralization directly overlies several magnetic apophyses interpreted to emanate from the deeper intrusive body, significantly enhancing the prospectivity of the system for large-scale intrusion-related copper-gold mineralization. A total of 128 rock chips were collected and samples, returning widespread high-grade copper and gold results at the Jupiter and Mars and surrounding prospects. The company's Alaska Range Mine Development has a total JORC resource of 11.2Mt; 269,375t Cu, 213,000oz Au and 3,131,000 oz Ag. The 2024 Spring Scoping Study showed AUD 625 million pre-tax NPV, AUD 223 million Capex, 74% IRR, 1.6-year payback.

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About PXX

Recent PXX News & Updates

PolarX Limited Announces Geophysics Results and Sampling Assays from Alaska Range Project

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PolarX (ASX:PXX) Is Making Moderate Use Of Debt

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