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PolarX Ltd ( (AU:PXX) ) has shared an update.
PolarX Limited has secured a US$2 million loan from its largest shareholder, Northern Star Resources, to fund an extensive exploration program at its Alaska Range Project. The loan will enable PolarX to conduct a comprehensive geophysics program and drilling campaign, potentially enhancing its resource base and strengthening its position in the mining sector.
More about PolarX Ltd
PolarX Limited is a company operating in the mining industry, focusing on the exploration and development of copper and gold resources. Its primary project is the Alaska Range Copper-Gold Project, where it aims to expand its resource base.
Technical Sentiment Signal: Sell
Current Market Cap: A$16.63M
For detailed information about PXX stock, go to TipRanks’ Stock Analysis page.