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Company News
Star hit with NSW tax hike, BHP and OZ extend exclusivity period and Newcrest Mining CEO retires
Beleaguered The Star Entertainment Group’s (ASX: SGR) shares have continued their downward spiral – plummeting at the start of this week after the New South Wales Government announced plans to raise an extra $364 million in taxes from casino operators over the next three years. The Star chief executive officer Robbie Cooke slammed the move, […]
Maiden drilling by PolarX in Nevada hits bonanza gold intercept
Perth-based PolarX (ASX: PXX) reports that its first reverse circulation drilling at Star Canyon in Nevada has intersected 124.36 grams per tonne of gold over 9.1m. Star Canyon is less than 3km from the currently operating Florida Canyon mine, which ground hosts 5 million ounces of gold and is owned by Toronto-listed Argonaut Gold. The […]
PolarX identifies visible gold-silver mineralisation at Star Canyon
PolarX (ASX: PXX) has identified visible mineralisation in all holes drilled to date at the Star Canyon prospect within its Humboldt Range gold-silver project in Nevada. The company commenced a 3,000m reverse circulation campaign two weeks ago targeting bulk-tonnage, low-to-moderate grade mineralisation at the northern end of the project. Ten holes have been drilled to […]
PolarX kicks off drilling program at Nevada gold-silver target
Perth-based PolarX (ASX: PXX) is following up more strong sampling results at Star Canyon in Nevada as a 3,000m reverse circulation drill program gets underway. The company is focusing on a gold-silver drill target near the head of Star Canyon in the Black Canyon claims within its Humboldt Range project in Nevada. A minimum program […]
3D modelling reveals presence of large porphyry target at PolarX’s Alaskan Range project
PolarX (ASX: PXX) has firmed up the potential of its Saturn prospect at its Alaska Range project after 3D modelling confirmed the existence of a large copper‐gold porphyry target. The Perth-headquartered company said the results of the modelling, combined with the other key geological features established in earlier exploration, were entirely consistent with the presence […]
PolarX uncovers resource upgrade potential at Alaska Range project
PolarX (ASX: PXX) has uncovered high-grade copper-gold mineralisation below its existing Zackly deposit in Alaska, US, highlighting the potential for a resource upgrade. The mineral explorer today reported the latest assays from a resource extension drilling campaign at its Alaska Range project, confirming multiple mineralised zones were encountered from 100m vertically below the nearest hole […]
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