PolarX Ltd (AU:PXX) has released an update.
PolarX Limited’s recent drilling program at the Caribou Dome Copper Project in Alaska has yielded promising results, with two of the three holes revealing thick zones of copper-bearing massive sulphides. While assays are pending, these findings beneath a previously high-yielding drill site suggest the potential for significant copper grades. Additionally, the company has secured a $3.2 million funding commitment through a share placement to advance the project.
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