PolarX Limited (“PolarX” or “the Company”) is actively exploring its 80% to 100% owned Alaska Range Project (“Alaska Range” or “the Project”) in south-central Alaska. Work to date has delineated two deposits; the Zackly skarn and the high grade Caribou Dome sedimentary copper deposit, with Zackly having a historical resource estimate of 1.5Mt @ 2.9% Cu and 4.5g/t Au, and Caribou Dome a JORC 2012-compliant resource of 2.8Mt @ 3.1% Cu.
Mineralisation at both of these prospects is open at depth and along strike, and the Company is pursuing a strategy of proving up resources that will have a grade/tonnage combination to justify standalone mining operations, whilst also exploring the rest of the tenements.
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