Polarx Ltd · ASX:PXX
Polarx — RIU Explorers Conference 2021
21 slides from Polarx's conference presentation, Feb 18, 2021
Slide 1: ASX Announcement: Company Presentation for RIU Explorers Conference
ASX Announcement 18 February 2021 For personal use only COMPANY PRESENTATION FOR RIU EXPLORERS CONFERENCE Frazer Tabeart, Managing Director of PolarX Limited (ASX: PXX), will be presenting at the RIU Explorers Conference at 12:15pm (WST) on Thursday 18 February 2021. He will be giving investors an u
Slide 2: Base and Precious Metals in the USA
For personal use only Base and Precious Metals in the USA High-grade Cu and Au-Ag deposits + large-scale porphyry Cu-Au upside in Alaska and Nevada RIU Explorers Conference Presentation 18 February 2021 ASX: PXX www.polarx.com.au 1
Slide 3: 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
Slide 4: Project Overview
Project Overview For personal use only Humboldt Range Acquisition (Nevada) Located in Nevada, USA, a TIER 1 fiscal and geological jurisdiction Alaska Range GREENLAND Lies between the 5Moz Florida Canyon Gold Mine, and the 400Moz Rochester silver mine (which also contains 3.5Moz gold credits) O
Slide 5: Strong management backed by strong investors
Strong management backed by strong investors For personal use only KEY EXECUTIVES AND MANAGEMENT: Post Placement – 17 February 2021: Mr. Mark Bojanjac (Executive Chairman) is a Chartered Accountant with >25 SHARES ON ISSUE: 666.9M years experience in the resource sector. Has led many successful mini
Slide 6: Humboldt Range Acquisition: high-grade gold-silver in Nevada
Humboldt Range Acquisition: high-grade gold-silver in Nevada For personal use only Located in the best mining jurisdiction in the USA Existing very high grades of Au and Ag in outcrop and historic workings (pre-1927) Close to active world class Au and Ag-Au mines Low-cost exclusive option to
Slide 7: 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 8: Humboldt Range: Black Canyon in perspective (looking southeast)
Humboldt Range: Black Canyon in perspective (looking southeast) 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
Slide 9: Humboldt Range: Fourth of July Claims
Humboldt Range: Fourth of July Claims For personal use only 8
Slide 10: Humboldt Range: 2021 Exploration Program
Humboldt Range: 2021 Exploration Program For personal use only Complete due diligence and exercise option before end April 2021 and immediately commence exploration Geological mapping and channel sampling to delineate and evaluate zones of intense quartz veining and alteration (silicification) a
Slide 11: Alaska: An underexplored premiere mining destination
Alaska: An underexplored premiere mining destination 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/permi
Slide 12: Alaska Range Projects
Alaska Range Projects 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 km’s of strike
Slide 13: Stellar Property: High-grade Zackly Au-Cu deposit
Stellar Property: High-grade Zackly Au-Cu deposit For personal use only Zackly is a skarn system containing high-grade gold, copper and silver from surface to tested depths of ~400m Hosts two deposits: the Zackly Main Skarn and Zackly East Skarn The Zackly Main Skarn hosts 3.4Mt averaging 2.0g
Slide 14: Stellar Property: Zackly Au-Cu deposit, growing 2.5km of strike-length
Stellar Property: Zackly Au-Cu deposit, growing 2.5km of strike-length For personal use only Zackly Main deposit is 1km long and occurs along a structure on a strong magnetic gradient 2020 drilling program focused on extending the Zackly East mineralisation further to the east from the thickest,
Slide 15: 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% High grade, volcanic sediment-hosted Drill intersections over >800m strike-length Open
Slide 16: Caribou Dome Property: high grade Cu from surface
Caribou Dome Property: high grade Cu from surface For personal use only 15
Slide 17: Stellar Property porphyry potential
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 worlds most the right geological setting in the worlds most prolific Cu-Au-Mo-As geochemistry at Stellar propert
Slide 18: 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 19: 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 drill hole 19MAR001: 102m @ 0.22% Cu + 0.1g/t Au Associated with porphyry B-Veins in potassic alteration (anhydrite and biotite), hole ended in mineralisation Causative felsi
Slide 20: Timeline: What to expect from PXX in the next twelve months
Timeline: What to expect from PXX in the next twelve months For personal use only Alaska Range Humboldt Range Expand tenure & Complete Due Jan-March Diligence leading to exercise of option Metallurgy on Zackly mineralisation to determine gold recovery options and co-processing opportunities with Mar
Slide 21: Investment Highlights
Investment Highlights For personal use only Tier I copper, gold and silver assets representing three 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 are attracting signific