Polarx Ltd · ASX:PXX
Polarx — Investor Presentation (October 2021)
23 slides from Polarx's investor presentation, Oct 14, 2021
Slide 1: High-grade Cu and Au-Ag deposits in Alaska and Nevada
Copper and Precious Metals in North America High-grade Cu and Au-Ag deposits in Alaska and Nevada Corporate Presentation 14 October 2021 ASX: PXX www.polarx.com.au 1
Slide 2: Project Overview
Project Overview 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 copper-gold deposits with
Slide 3: Strong management backed by strong investors
Strong management backed by strong investors 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 developments, includin
Slide 4: Strong News Flow in 2021/22
Strong News Flow in 2021/22 Activity Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Metallurgical test work on Zackly mineralisation Alaska Range 1,300m core drilling program at Caribou Dome Caribou Dome and Zackly joint scoping study Discussions with potential porphyry copper JV partners Soil sampling, ma
Slide 5: Humboldt Range: high-grade gold-silver in Nevada
Humboldt Range: high-grade gold-silver in Nevada 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 grades of Au and Ag in
Slide 6: Humboldt Range: Black Canyon Claims
Humboldt Range: Black Canyon Claims Claims owned by same family since 1950 Indian Ike mine Monster claims 3,384.14g/t Au 43.8 g/t Au Limited exploration since mining ceased in 1927 High-grade assays from previous rock-chip sampling of PolarX Claims JC Vein outcropping veins and grab sampling f
Slide 7: Humboldt Range: Fourth of July Claims
Humboldt Range: Fourth of July Claims Metal zonation from silver-rich veins with strong gold credits at southern part of Fourth of July (closest to the Rochester silver mine) to gold-rich veins in Black Canyon (close to Florida Canyon gold mine) Individual veins up to 700m long (e.g. Jackson Vei
Slide 8: Fourth of July Claims – very strong Ag and Au anomalism in soil samples
Fourth of July Claims – very strong Ag and Au anomalism in soil samples Silver Gold 8
Slide 9: Fourth of July – Arizona Canyon drill target for Ag-Au, over 3km long
Fourth of July – Arizona Canyon drill target for Ag-Au, over 3km long 9
Slide 10: Black Canyon – compelling gold results in soil and rock chip sampling
Black Canyon – compelling gold results in soil and rock chip sampling 10
Slide 11: Black Canyon offers scale and proximity to large operating gold mine
Black Canyon offers scale and proximity to large operating gold mine Florida Canyon Gold Mine 11
Slide 12: Alaska: USA's Mineral Frontier
Alaska: USA’s Mineral Frontier 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 highest grade giant zi
Slide 13: Alaska Range Projects – Overview
Alaska Range Projects – Overview 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 several km’s of strike
Slide 14: Stellar Property: High-grade Zackly Au-Cu deposit
Stellar Property: High-grade Zackly Au-Cu deposit Zackly is a 5km long skarn system with high-grade gold, copper and silver from surface and open to at least ~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 westernmost 1km. S
Slide 15: Stellar Property: Zackly Au-Cu deposit, 5km of potential mineralized strike
Stellar Property: Zackly Au-Cu deposit, 5km of potential mineralized strike Zackly Main deposit is 1km long and occurs along a structure with a strong magnetic gradient Mineralisation now confirmed over >800m at Zackly East, taking total mineralised strike-length to 2.5km (Zackly Main + Zackly E
Slide 16: Caribou Dome Property: Very high-grade surface copper
Caribou Dome Property: Very high-grade surface copper 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-IP and soil anomalies
Slide 17: Caribou Dome Property: Strong IP and Cu soil anomalism = drill targets
Caribou Dome Property: Strong IP and Cu soil anomalism = drill targets KNOWN MINERALISATION 2.8Mt @ 3.1% copper 3D mineralised lodes over ~800m strike-length 4 core holes in 2021 drill program for metallurgical NEW TARGET samples 3D Induced Polarization (IP) anomaly plus copper anomalism in soil sam
Slide 18: Massive copper sulphides at Caribou Dome
Massive copper sulphides at Caribou Dome 18
Slide 19: Discovery of native copper mineralisation hosted in multiple lava flows
Discovery of native copper mineralisation hosted in multiple lava flows Native copper in vesicle infills, veins and disseminated in the matrix of multiple andesitic-basalt lava flows drilled over 1,150m strike length Similar style of mineralisation to Keweenaw Peninsular in Michigan, USA where o
Slide 20: Stellar Property: Porphyry Cu-Au Potential
Stellar Property: Porphyry Cu-Au Potential 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 Cu and 1.1g/t Au in soils Roc
Slide 21: Stellar Property: Mars porphyry Cu-Au discovery
Stellar Property: Mars porphyry Cu-Au discovery 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 biotite), hole ended
Slide 22: Investment Highlights
Investment Highlights 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 leading Australian, Cana
Slide 23: Cautionary Statements
Cautionary Statements 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 an inducement to make