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The latest update is out from PolarX Ltd ( (AU:PXX) ).
PolarX Limited has announced the expansion of its mining claims at the Black Canyon within the Humboldt Range in Nevada, USA, by staking 36 new claims. This expansion aims to cover the southern extension of the Ridgeline prospect, known for its high-grade gold veins and significant mineralization. The company is set to commence a 2,000-meter Reverse Circulation drilling program on October 20, 2025, targeting the Ridgeline prospect, which features extensive quartz veining and historical mining activity. The results of this initial drilling campaign will inform future exploration efforts, with the potential to significantly impact PolarX’s operations and positioning within the mining sector.
More about PolarX Ltd
PolarX Limited operates in the mining industry, focusing on the exploration and development of mineral resources, particularly gold and silver. The company has a market focus on expanding its mining claims and conducting drilling programs to explore and potentially exploit mineral-rich sites.
Average Trading Volume: 9,793,052
Technical Sentiment Signal: Buy
Current Market Cap: A$70.64M
For an in-depth examination of PXX stock, go to TipRanks’ Overview page.