- PolarX (PXX) has received a fresh batch of assays from its Zackly East prospect at the Alaska Range project, with mixed results at best
- While the mineralised footprint has extended substantially, the single high-grade result is hardly worth writing home about
- A 1.5-metre sample returned grades of 5.01 grams per tonne gold (g/t), 3.15 per cent copper and 26g/t silver, from over 1200 metres of drilling
- Despite the mediocre results, the company remains bullish about the prospect of larger porphyry discoveries which are ‘feeder’ sources for the known mineralisatio
- The company is planning further drilling to test priority targets, in particular the five potential porphyry targets across Alaska Range
- Polar X closed Thursday’s session 21.05 per cent lower at an even 3 cents per share
