PXX

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0.8¢ polarx limited

Ann: Northern Star Resources becomes 10% Shareholder, page-415

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johndone

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09/03/23

10:43

Post #: 66672886
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Originally posted by Kellydog2: ↑
I think everyone needs to calm down. This company has so much going for it, just give it time. In the meantime, these prices are a dream

Alaska Range: Caribou Dome Property (PXX earning up to 90%)
2.8Mt @ 3.1% Cu JORCat Caribou Dome deposit incl. high grade surface zones at 4.4% Cu.
Mineralisation open in all directions, and numerous untested IP/geochemical targets.
1,500m core drilling program in 2021 for infill, metallurgical test work and new target testing.
HIGH-GRADE JORC RESOURCESNear-surface Copper and Copper equivalent grades of 4% and 5.5% respectively compare favourably with some of the world’s highest grade operating mines. High grades could allow an initially small-scale yet highly profitable development in Alaska.

Tonnes (Mt) Copper (t) Gold (oz) Silver (oz)
1 Zackly 3.4 41,200 213,00 1,500,00
2 Caribou Dome 2.8 85,800 – –
3 Total
127,00 213,00 1,500,00
One of PolarX’s greatest advantages is the high-grade nature of its deposits. The overall JORC resource grade at Caribou Dome is 3.1% Cu and the JORC resource grade at Zackly is 1.2% Copper and 2.0g/t Gold, with 14g/t Silver.
Both the Zackly and Caribou-Dome deposits remain open in all directions. None of PolarX’s new discoveries drilled since the reported resources are yet included in the current resources.
COMMERCIAL FOCUS
Exploration and development programs are designed to initially bring the 100% owned Zackly Deposit and 80% controlled Caribou-Dome Deposit into early production for PolarX whilst much larger new porphyry targets such as Saturn and Mars (100%), are tested and if successful, advanced to resource/reserve status with the assistance of a major miner as JV Partner.
Existing resources at Alaska Range are currently progressing through initial feasibility assessment whilst PolarX continues to rapidly expand them.
MASSIVE UPSIDE
Soil sampling demonstrated almost the ENTIRE 35km Alaska Range belt is mineralised with Copper, Gold and Silver from surface in various geological forms. PolarX believes this evidences one or more large porphyry copper/gold systems of the same type hosting the world’s largest mines.
PolarX discovered porphyry mineralisation at its Mars prospect in its first ever drill hole.
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I just looked back on my contract notes and see I bought 155,000 Coventry on 21 September 2017. Paid 9.5cents ...How much longer do we wait Kellydog?
PXX Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $19.00M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$15.60K	1.950M

Buyers (Bids)

No.	Vol.	Price($)
1	536262	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	3875347	4

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No.	Vol.	Price($)
1	536262	0.008
13	6143987	0.007
6	5531099	0.006
3	900000	0.005
1	500000	0.004

Price($)	Vol.	No.
0.009	3875347	4
0.010	4461687	6
0.011	2954355	4
0.012	1600000	2
0.013	100076	2

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Ann: Northern Star Resources becomes 10% Shareholder, page-415

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		Tonnes (Mt)	Copper (t)	Gold (oz)	Silver (oz)
1	Zackly	3.4	41,200	213,00	1,500,00
2	Caribou Dome	2.8	85,800	–	–
3	Total		127,00	213,00	1,500,00

Ann: Northern Star Resources becomes 10% Shareholder, page-415

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Buyers (Bids)

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