PolarX extends high-grade copper at Alaska’s Caribou Dome with new drilling results

PolarX Ltd ( (AU:PXX) ) has issued an announcement.

PolarX has reported a suite of exceptional assays from nine diamond drill holes completed in 2025 at the Caribou Dome Copper Project in Alaska, with eight holes intersecting very high-grade copper and associated silver. The results, including intercepts of up to 13.23% copper, extend known mineralisation at depth within the Snow Gully area and indicate that mineralisation remains open both down-dip and along strike.

The program has also identified a new style of gold and silver mineralisation in one of the holes, which may be linked to the broader copper system at Caribou Dome. Building on the improved geological and structural understanding, PolarX plans a substantially larger ~10,500m drilling campaign in 2026 to test several new extension targets, underscoring its efforts to grow the deposit and potentially enhance project scale and value for stakeholders.

The most recent analyst rating on (AU:PXX) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on PolarX Ltd stock, see the AU:PXX Stock Forecast page.

More about PolarX Ltd

PolarX Ltd is an Australian-listed mineral exploration company focused on high-grade copper projects, with its flagship Caribou Dome Copper Project located in Alaska. The company targets copper, with associated silver and gold, aiming to expand resource potential through systematic drilling and structural understanding in the Alaska Range.

Average Trading Volume: 3,514,137

Technical Sentiment Signal: Hold

Current Market Cap: A$49.05M

See more data about PXX stock on TipRanks’ Stock Analysis page.