PolarX Ltd (AU:PXX) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.
For further insights into AU:PXX stock, check out TipRanks’ Stock Analysis page.