Polarx Ltd
PolarX Limited is an advanced mineral explorer and developer.
The business
PolarX Limited is an advanced mineral explorer and developer. The Company holds interests in copper, gold and silver exploration projects in Nevada and Alaska USA. Its projects include the Alaska Range Copper Gold Project (Alaska Range Project), which comprises the Stellar Gold Copper Property and the Caribou Dome Copper Property, and the Humboldt Range Project, which comprises the Black Canyon and Fourth of July mineral claim groups. The Stellar Project comprises 231 contiguous State Mining Claims and is located immediately adjacent to the Company’s Caribou Dome Copper Project. The Caribou Dome Project comprises 216 contiguous State Mining Claims and is located immediately adjacent to the Company’s Stellar Project. The Humboldt Range Gold-Silver project comprises 364 lode mining claims in Nevada in two claim groups: Black Canyon and Fourth of July and is situated between two large-scale active mines: the Florida Canyon gold mine and the Rochester silver-gold mine.
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Latest news
Star hit with NSW tax hike, BHP and OZ extend exclusivity period and Newcrest Mining CEO retires
Beleaguered The Star Entertainment Group’s (ASX: SGR) shares have continued their downward spiral – plummeting at the start of this week after the New South Wales Government announced plans to raise an extra $364 million in taxes from casino operators over the next three years. The Star chief executive officer Robbie Cooke slammed the move, […]
Maiden drilling by PolarX in Nevada hits bonanza gold intercept
Perth-based PolarX (ASX: PXX) reports that its first reverse circulation drilling at Star Canyon in Nevada has intersected 124.36 grams per tonne of gold over 9.1m. Star Canyon is less than 3km from the currently operating Florida Canyon mine, which ground hosts 5 million ounces of gold and is owned by Toronto-listed Argonaut Gold. The […]
PolarX identifies visible gold-silver mineralisation at Star Canyon
PolarX (ASX: PXX) has identified visible mineralisation in all holes drilled to date at the Star Canyon prospect within its Humboldt Range gold-silver project in Nevada. The company commenced a 3,000m reverse circulation campaign two weeks ago targeting bulk-tonnage, low-to-moderate grade mineralisation at the northern end of the project. Ten holes have been drilled to […]
PolarX kicks off drilling program at Nevada gold-silver target
Perth-based PolarX (ASX: PXX) is following up more strong sampling results at Star Canyon in Nevada as a 3,000m reverse circulation drill program gets underway. The company is focusing on a gold-silver drill target near the head of Star Canyon in the Black Canyon claims within its Humboldt Range project in Nevada. A minimum program […]
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