Polarx Ltd · ASX:PXX
Polarx — Investor Presentation (July 2021)
24 slides from Polarx's investor presentation, Jul 14, 2021
Slide 1: Copper and Precious Metals in North America
For personal use only Copper and Precious Metals in North America High-grade Cu and Au-Ag deposits in Alaska and Nevada Corporate Presentation 14 July 2021 ASX: PXX www.polarx.com.au 1
Slide 2: Project Overview
Project Overview For personal use only Alaska Range: Stellar Property (100% PXX) 3.4Mt @ 1.2% Cu + 2g/t Au + 14g/t Ag JORC at Zackly Project, open in all directions. Alaska Range GREENLAND New 2.6km long target confirmed in 2020 drilling. Highly prospective for large, bulk tonnage porphyry cop
Slide 3: Strong management backed by strong investors
Strong management backed by strong investors For personal use only KEY EXECUTIVES AND MANAGEMENT: As 30 June 2021: Mr. Mark Bojanjac (Executive Chairman) is a Chartered Accountant with >25 SHARES ON ISSUE: 672.2M years experience in the resource sector. Has led many successful mining OPTIONS: 32.0M
Slide 4: Leveraging Record Copper Prices
Leveraging Record Copper Prices For personal use only Growing our high-grade copper mineral resource Advancing our copper-gold porphyry discovery PolarX has established ~6Mt total resource across both Alaska Range In additional to high grade copper and gold mineralisation at Zackly & Caribou propert
Slide 5: Our Growth Strategy
Our Growth Strategy For personal use only Leverage Managerial Expertise in Tier 1 Areas Strategic focus on fiscally safe, well endowed copper and gold provinces in North America where Define Large Porphyry System we can leverage our existing team of consultants. Combined Board experience of over 65
Slide 6: Strong News Flow in 2021/22
Strong News Flow in 2021/22 For personal use only Activity Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Metallurgical test work on Zackly mineralisation Alaska Range 1,500m core drilling program at Caribou Dome Caribou Dome and Zackly joint scoping study Discussions with potential porphyry copper JV part
Slide 7: Humboldt Range Gold-Silver Project, Nevada, USA
For personal use only Humboldt Range Gold-Silver Project Nevada, USA 7
Slide 8: Humboldt Range: high-grade gold-silver in Nevada
Humboldt Range: high-grade gold-silver in Nevada For personal use only Project Highlights Located in the best mining jurisdiction in the USA Close to active large-scale operating multi million-ounce gold and silver mines Comprises two claim blocks: Black Canyon and Fourth of July Very high g
Slide 9: Humboldt Range: Black Canyon in perspective (looking SE)
Humboldt Range: Black Canyon in perspective (looking SE) For personal use only Indian Ike mine Monster claims 3,384.14g/t Au 43.8 g/t Au PolarX Claims JC Vein Lois Vein 17.25g/t Au 512.73g/t Au Midas mine dump Lois Vein Validation 335.03g/t Au 22.46g/t Au 37.7g/t Au + 18g/t Ag 239.10g/t Au 27.7g/t A
Slide 10: Humboldt Range: Black Canyon Claims
Humboldt Range: Black Canyon Claims For personal use only Claims owned by same family since 1950 Limited modern exploration since mining ceased in 1927 High-grade assays from previous rock-chip sampling of outcropping veins and grab sampling from the dumps of old mine workings with peak values
Slide 11: Humboldt Range: Fourth of July Claims
Humboldt Range: Fourth of July Claims For personal use only Initial rock-chip assays confirm high grades of gold and silver in veins Tenure expanded to secure new areas of mineralisation found in April Metal zonation from silver-rich veins with strong gold credits at southern part of Fourth of
Slide 12: Fourth of July Claims – strong Ag and Au anomalism in soil samples
Fourth of July Claims – strong Ag and Au anomalism in soil samples For personal use only Silver Gold 12
Slide 13: Alaska Range Copper-Gold Project, Alaska, USA
For personal use only Alaska Range Copper-Gold Project Alaska, USA 13
Slide 14: Alaska: USA's Mineral Frontier
Alaska: USA’s Mineral Frontier For personal use only TIER 1 Geology: One of the world’s great mineral provinces: Over 40Moz Au mined to date More than 200Moz Au under development/feasibility study In the world’s most productive copper belt, >50Mt Cu in feasibility/permitting stage World’s
Slide 15: Alaska Range Projects – Overview
Alaska Range Projects – Overview For personal use only Large land-holding (all State Mining Claims) covering ~261km2 Stellar Property 100% owned and includes Zackly Au-Cu skarn and numerous porphyry Cu-Au targets Zackly deposit is high grade (3.4Mt @ 1.2% Cu JORC) and open at depth and along sev
Slide 16: Stellar Property: High-grade Zackly Au-Cu deposit
Stellar Property: High-grade Zackly Au-Cu deposit For personal use only Zackly is a 5km long skarn system with high-grade gold, copper and silver from surface and open ~400m depth Zackly Main Skarn hosts 3.4Mt averaging 2.0g/t Au + 1.2% Cu + 14.0g/t Ag JORC inferred resources over the westernmos
Slide 17: Stellar Property: Zackly Au-Cu deposit, grows another 2.5km of strike
Stellar Property: Zackly Au-Cu deposit, grows another 2.5km of strike For personal use only Zackly Main deposit is 1km long and occurs along a structure with a strong magnetic gradient 2020 drilling focused on extending Zackly East further to the east from the thickest, highest grade drill inter
Slide 18: Caribou Dome Property: Very high-grade surface copper
Caribou Dome Property: Very high-grade surface copper For personal use only 2.8Mt at 3.1% copper (0.5% lower-cut) for 86,000t of contained Copper (JORC 2012) 60% in the top 150m including 935,000t @ 4.4% Drill intersections over >800m strike-length Open in all directions Many un-tested 3D-
Slide 19: Caribou Dome Property: Strong IP and Cu soil anomalism = drill targets
Caribou Dome Property: Strong IP and Cu soil anomalism = drill targets For personal use only Copper anomalism in soils IP chargeability highs draped on 3D topography in 3D perspective view KNOWN MINERALISATION 2.8Mt @ 3.1% copper 3D mineralised lodes over ~800m strike-length Oblique view Oblique vie
Slide 20: Stellar Property Porphyry Discovery
For personal use only Stellar Property Large-tonnage, low- Alaska Range has Strong supporting Empirical evidence Discovery of Seeking a JV partner Porphyry grade porphyry deposits are the the right geological setting in the Cu-Au-Mo-As geochemistry at from Zackly skarn which formed when porphyry Cu-
Slide 21: Stellar Property: Massive Porphyry Cu-Au Potential
Stellar Property: Massive Porphyry Cu-Au Potential For personal use only Broad spaced (500m) soil sampling shows two highly significant copper anomalies, both >250ppm, up to 11km x 6km in size MARS (Porphyry, skarn) 2km x 1.5km soil anomaly with visible copper oxides at surface, up to 3,510ppm C
Slide 22: Stellar Property: Mars porphyry Cu-Au discovery
Stellar Property: Mars porphyry Cu-Au discovery For personal use only Porphyry Cu-Au mineralisation discovered in first (and only) drill hole 19MAR001: 102m @ 0.22% Cu + 0.1g/t Au below a 1200m x 800m Cu-Au-As-Mo soil anomaly Associated with porphyry B-Veins in potassic alteration (anhydrite and
Slide 23: Investment Highlights
Investment Highlights For personal use only Tier I copper, gold and silver assets = 3 of the most sought-after commodities Alaska and Nevada are in the top 5 mining exploration and investment precincts in the world with political and fiscal stability Both attract significant investment from le
Slide 24: Cautionary Statements
Cautionary Statements For personal use only This presentation has been prepared by PolarX Limited (“PolarX”) to assist in informing interested parties about the Company and its progress. It should not be considered as an offer or invitation to subscribe for or purchase any securities in PolarX or as