PolarX announces high-grade copper assays from Caribou Dome Copper Project

PolarX Limited (ASX:PXX) has reported exceptionally high-grade copper assays from core drilling at the Caribou Dome Copper Project in Alaska. The drilling intersected 15.5m @ 7.4% Cu + 21.4 g/t Ag in hole CD24-003, including 8.1m @ 11.4% Cu + 35.8g/t Ag, and 8.7m @ 4.3% Cu + 10.5 g/t Ag in hole CD24-002. These intersections lie beneath the previously drilled hole CD21-001, indicating an extension of the high-grade zone at Caribou Dome.

Executive Commentary on Caribou Dome Copper Project

The Company is pleased to announce the significant extension of high-grade copper mineralization at Caribou Dome. The latest assays from the core drilling demonstrate the presence of exceptionally high-grade copper and silver, indicating the potential for further resource expansion. The drilling this season has provided valuable data for future mine-planning and metallurgical test work. The use of oriented core has enhanced our understanding of the structural geology, enabling better 3D modeling and deeper drill targeting. These results reinforce our confidence in the Caribou Dome Project's potential and the broader Alaska Range Project.

Summary of Caribou Dome Copper Project Assay Results

PolarX Limited has received exceptionally high-grade copper assays from core drilling at the Caribou Dome Copper Project, indicating an extension of the high-grade zone. The intersections beneath the previously drilled hole CD21-001 suggest the potential for resource expansion. The drilling has provided valuable data for future mine-planning and metallurgical test work. The Company's Alaska Range Project, including the Caribou Dome and Senator claims, presents significant potential for resource growth and further exploration. With the recent scoping study projecting a strong NPV and IRR, PolarX remains optimistic about the future prospects of its projects in Alaska.