Polarx Ltd · ASX:PXX
Polarx — Investor Presentation (July 2018)
19 slides from Polarx's investor presentation, Jul 18, 2018
Slide 1: Growing Zackly: just the tip of the iceberg
For personal use only Growing Zackly: just the tip of the iceberg Company Presentation, July 2018 1
Slide 2: Alaska Range Project: High-Grade Cu-Au-Ag, Significant Upside
Alaska Range Project: High‐Grade Cu‐Au‐Ag, Significant Upside For personal use only • Advanced projects, high‐grade Cu + Au+ Ag from surface • Porphyry province, known world‐class endowment • Drilling to increase size of Zackly Cu‐Au‐Ag resource • Environmental baseline studies underway • Technical
Slide 3: Capital Structure and Corporate
Capital Structure and Corporate For personal use only Shares (M) Options (M) TOTALS 263 5.2 SHAREHOLDERS: % Management/Directors/MRG Team 15.5 TIGHTLY HELD Millrock Resources Inc 9.7 JP Morgan (UK) 9.8 Top 20 70% Ruffer Gold Fund (UK) 8.5 Top 40 80% Lowell Resources Fund (Aus) 3.6 Jupiter Asset Mana
Slide 4: Regional setting at fault intersections – fertile fluid pathways
Regional setting at fault intersections – fertile fluid pathways For personal use only • Major boundary between the Tintina Gold Belt and the Cretaceous Porphyry Copper Belt • Intersected by a major NW to WNW trending fault corridor forming a pathway for fertile magmas • Same age as the supergiant P
Slide 5: Zackly – 2018 drilling to expand current resource
Zackly – 2018 drilling to expand current resource For personal use only Cut‐off grade Category Million Tonnes Cu % Au g/t Ag g/t Contained Cu Contained Cu Contained Au Contained Ag (t) (Mlb) (oz) (Moz) 0.5% Cu Inferred 3.4 1.2 2.0 14.0 41,200 90.9 213,000 1.5 0.8% Cu Inferred 2.4 1.5 2.3 16.3 34,750
Slide 6: Zackly – early success 850m along-strike from current resource
Zackly – early success 850m along‐strike from current resource For personal use only Slide 6
Slide 7: Strong copper mineralisation in ZX-18020: 850m along strike
Strong copper mineralisation in ZX‐18020: 850m along strike For personal use only Slide 7
Slide 8: Strong copper mineralisation in ZX-18018: 100m deeper
Strong copper mineralisation in ZX‐18018: 100m deeper For personal use only • This drill intersection is approximately 100m below the nearest hole on this section of the current inferred resource at Zackly • Copper and gold mineralisation within sub‐ vertical skarn alteration from 260.15m to 332.08m
Slide 9: Cu-Au mineralisation in ZX-18018; 100m below nearest hole
Cu‐Au mineralisation in ZX‐18018; 100m below nearest hole For personal use only Slide 9
Slide 10: Zackly structural corridor: multiple intrusive centers
Zackly structural corridor: multiple intrusive centers For personal use only • WNW structural trend at Zackly extends along strike to the Mars and Zackly SE porphyry targets • Forms a structural corridor containing multiple targets for porphyry Cu‐Au deposits + skarns • Zackly Cu‐Au‐Ag skarn mineral
Slide 11: Intrusive centers + soil anomalies = PORPHYRY Cu-Au TARGETS
Intrusive centers + soil anomalies = PORPHYRY Cu‐Au TARGETS For personal use only ZACKLY + JUPITER (Porphyry, skarn) • Zackly open in all directions, Cu‐Au‐ Ag skarn with a porphyry source, possibly to the south‐east • 2km x 1km soil anomaly at Jupiter with up to 0.38% Cu, 0.78g/t Au, no drilling, a
Slide 12: Mars – strong IP and geochemistry, widespread alteration
Mars – strong IP and geochemistry, widespread alteration For personal use only Slide 12
Slide 13: Caribou Dome - shallow, high-grade Cu deposit
Caribou Dome ‐ shallow, high‐grade Cu deposit 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% • High grade, sediment‐hosted • Drill intersections over >800m strike‐length • Open in all direction
Slide 14: Excellent access, pro-mining jurisdiction
Excellent access, pro‐mining jurisdiction For personal use only ALASKA RANGE PROJECT: • 350km north‐east of Anchorage • ~6 hours from Anchorage by road • Nearby lodges for accommodation & support • 100km from rail, power, highway • Easy road/rail access to all year ports ALASKA, USA: • Mining friend
Slide 15: Concluding Statements
Concluding Statements For personal use only • Big holding of high quality, high‐grade copper‐gold‐silver assets in mining friendly Alaska, USA • Advanced projects – early exploration risk has been removed • Major drilling and exploration program already delivering results in 2018 • Massive upside fr
Slide 16: Appendix 1: Experienced management team with track-record
Appendix 1: Experienced management team with track‐record For personal use only A Chartered Accountant with over 25 years’ direct experience in developing resource companies. A founding director of Gilt-Edged MARK BOJANJAC Mining Limited which discovered East Kundana, one of Australia’s highest grad
Slide 17: Appendix 2: Mitchell River Group Pty Ltd
Appendix 2: Mitchell River Group Pty Ltd For personal use only • MRG is a privately owned Australian venture capital and resource management and development group • Provides comprehensive technical, commercial and management services to multiple companies. • Current clients include ASX‐listed: • Afr
Slide 18: Appendix 3: Millrock Resources Inc
Appendix 3: Millrock Resources Inc For personal use only • 9.7% shareholder of PolarX • Provides on‐ground exploration logistics under PolarX management at cost +10% • Office in Anchorage, Alaska • 20+ years Alaskan exploration experience • TSX‐V listed • CEO is also an Alaskan Minerals Commission m
Slide 19: 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