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PolarX Ltd ( (AU:PXX) ) has provided an announcement.
PolarX has reported strong assay results from its 2025 drilling program at the Caribou Dome Copper Project within its Alaska Range Copper-Gold Project in Alaska. Nine drill holes totaling 2,133 metres intersected multiple zones of high-grade copper and silver, extending known mineralisation at depth and along strike and improving the structural and geological understanding of the deposit.
The company’s strategic partnership with Northern Star Resources is progressing, with Northern Star increasing its stake in the Alaska Range joint venture vehicle to 30% after making a second US$6 million earn-in payment. This funding and technical support underpin further drilling in the 2026 season, reinforcing PolarX’s ability to advance the project and potentially enhance its position in the North American copper-gold exploration space.
More about PolarX Ltd
PolarX Limited is an Australian-listed mineral exploration company focused on copper and gold assets in the Alaska Range of the U.S. Its flagship Alaska Range Copper-Gold Project incorporates the Caribou Dome Copper, Stellar Gold-Copper and Senator projects, targeting high-grade deposits in a region of growing interest for major producers.
Average Trading Volume: 3,262,314
Technical Sentiment Signal: Buy
Current Market Cap: A$54.5M
For detailed information about PXX stock, go to TipRanks’ Stock Analysis page.