Polarx Ltd (PXX), a sub $30m MC. Base and precious metals explorer in Alaska and Nevada.
COH $4m and no debt. Chart looking sexy, volume up, 3-4 white soldiers. Stellar management. Recent CR at 4c
1) The high-grade Zackly Skarn deposit with a maiden JORC resource containing 3.4Mt @ 2.0g/t Au and 1.2% Cu.
2) Humboldt Range - 6th May announcement (2.5 weeks ago)
First assays from epithermal veins sampled at Humboldt Range in Nevada expected in ~2 weeks.
These will be combined with the spectacular historical assays to identify targets for drilling later this year.
PolarX Limited (ASX: PXX, “PolarX” is pleased to advise that soil sampling, geological mapping and rock-chip sampling of exposed epithermal veins is advancing smoothly within the highly prospective Humboldt Range Gold-Silver Project in Nevada, USA. Previous sampling, reported by PolarX on 11 January 2021 and 2 February 2021, included assays of up to 3,384g/t gold, 2,837g/t silver, 22.9% lead and 3.1% zinc from epithermal quartz veins and mine dumps associated with historical workings.
