North of 60 Mining News - The mining newspaper for Alaska and Canada's North

PolarX Ltd. Feb. 10 reported that sophisticated and professional investors have committed to a A$5 million (US$3.9 million) financing that will fund further exploration of the Australia-b... — Updated 2/18/2021

Strong metal prices and an infusion of cash from notable resource investors helped to salvage much of a 2020 mineral exploration season in Alaska that became lethargic with disruptions,... — Updated 2/4/2021 Full story

Australia-based PolarX Ltd. has refocused its Alaska exploration on the Zackly high-grade copper-gold-silver skarn on its roughly 100-square-mile (261 square kilometers) Alaska Range... — Updated 1/17/2021 Full story

Whether it is the exponential growth in electric vehicles traveling global highways, the massive need for storing energy at solar and wind electrical generating facilities, or cutting the... — Updated 1/14/2021 Full story

PolarX Ltd. Dec. 17 reported that its 2020 drilling continues to encounter near-surface copper-gold mineralization at Zackly East, and geophysics has identified a new porphyry target... — Updated 12/30/2020

Considering the global shift to low-carbon energy and electric mobility, copper is the most vital metal not on the United States Geological Survey's list of 35 minerals and metals... — Updated 12/23/2020 Full story

PolarX Ltd. Sept. 14 reported that this summer's drilling has encountered strong near-surface copper-gold mineralization at Zackly East, extending this emerging new resource area on the... — Updated 9/26/2020

PolarX Ltd. June 18 said it has secured the funds needed to carry out its 2020 drill program at Zackly East and plans to have drills turning on this high-grade gold-copper skarn in about... — Updated 9/26/2020

PolarX Ltd. May 19 announced plans to carry out a roughly 3,000-meter drill program to test the high-grade copper and gold previously encountered in the Zackly East skarn deposit on its... — Updated 9/26/2020

PolarX Ltd. Jan. 20 announced that trenching, mapping and sampling has identified a potential 600-meter extension of the thick and high-grade copper-gold skarn mineralization it... — Updated 9/26/2020

With two Australian companies making major investments and several exploration companies from Down Under chomping at the bit to get into the field, 2020 is shaping up to be the best year... — Updated 9/26/2020 Full story

As the year winds down, mineral industry evaluations for 2019 are being published at a rapid rate. One of the most interesting such global reviews is EY Global Mining and Metals' annual... — Updated 9/26/2020 Full story

PolarX Ltd. Nov. 18 reported that the first hole drilled at Mars has indeed tapped a wide section of copper-gold-molybdenum mineralization, confirming the porphyry potential of this... — Updated 9/26/2020 Full story

An abnormally long fall has allowed the Alaska mining industry to extend seasonal work well into mid-October, creating a lot of new information about project work conducted around the... — Updated 9/26/2020

PolarX Ltd. Oct. 21 reported that the encouraging porphyry copper mineralization encountered in the first hole at the Mars target on its Alaska Range property increased in intensity to... — Updated 9/26/2020

PolarX Ltd. Oct. 1 announced that drilling has tapped encouraging porphyry copper mineralization at the Stellar project, part of the Australia-based explorer's Alaska Range property.... — Updated 9/26/2020

As the rest of the country suffers through the Dog Days of summer, Alaska is approaching the end of a topsy-turvy summer season that saw unseasonably hot, dry weather in some parts of the... — Updated 9/26/2020 Full story

PolarX Ltd. Aug. 6 reported that initial data from an induced polarization (IP) geophysical survey over the Saturn target at its Alaska Range project has identified large anomalies which... — Updated 9/26/2020

Earlier this month Reuters reported that several agencies within the U.S. Federal government were "rapidly assessing" our domestic ability to mine and refine rare earth elements and... — Updated 9/26/2020 Full story

PolarX Ltd. July 10 said a roughly 5,000-meter drill program is slated to begin this month at the Saturn copper‐gold porphyry target within its Alaska Range project. Funded with the rec... — Updated 9/25/2020

Earlier this month S&P Global put out a summary indicating that during the first quarter of 2019 metals like copper, zinc and nickel were up quarter over quarter by 11 percent, 22... — Updated 9/25/2020 Full story

Lundin Mining Corp. has agreed to invest AU$4.3 million (US$3 million) to acquire 14.3 percent of PolarX Ltd. shares, a deal that gives the Canada-based miner an option to earn a 51... — Updated 9/25/2020

When it comes to mineral exploration incentives, currency exchange and infrastructure, Alaska is at a disadvantage in the realm of attracting exploration investments from Canada and... — Updated 8/14/2020 Full story

Australia-based PolarX Ltd. and its copper- and gold-rich Alaska Range property has drawn the interest of Canada-based Lundin Mining Corp. In a deal finalized in June, Lundin invested rou... — Updated 8/14/2020

Primarily focused on gold, copper and silver, Millrock Resources Inc. is a project generating mineral exploration company that has built a large portfolio of highly prospective mineral... — Updated 8/14/2020 Full story