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

Pogo Mine owner is underwriting A$4.9M financing by Australia-based junior exploring Alaska Range. PolarX Ltd. Feb. 27 announced that Northern Star Resources Ltd. has agreed to participate in a... — Updated 3/7/2024

PolarX Ltd. Oct. 3 announced that it has initiated a metallurgical testing program focused on improving copper recovery and concentrate grades at Caribou Dome, as well as gold recovery at Zackly,... — Updated 10/5/2023

PolarX Ltd. Aug. 27 published the results from an updated scoping study for its Alaska Range project that incorporates a much larger resource for the Caribou Dome copper deposit. A 2022 Alaska... — Updated 9/7/2023

PolarX Ltd. June 13 announced a massive increase in the quantities of copper and silver contained within the Caribou Dome deposit on its Alaska Range project. According to the updated resource estim... — Updated 6/15/2023

Northern Star Resources Ltd. Dec. 21 acquired a 10% interest in mineral exploration company PolarX Ltd. Both Australia-based companies have interests in Alaska – Northern Star owns and operates t... — Updated 1/5/2023

Study shows mine is feasible, could be enhanced with more exploration. A scoping study provides the first glimpse of potential mines at the Zackly and Caribou Dome deposits on PolarX Ltd.'s Alaska... — Updated 10/20/2022

PolarX Ltd. Feb. 23 reported that its 2021 drill program at Caribou Dome has tapped thick lenses of high-grade copper that the outstanding quality of the mineral resource and potential for... — Updated 2/24/2022

Goldman Sachs' declaration that "copper is the new oil" may serve as a foreshadowing of Alaska's economic future, one that is not so heavily reliant on the revenues from petroleum flowing from the... — Updated 1/26/2022 Full story

During a 2021 exploration program focused largely on collecting further geological and metallurgical data for a scoping study on establishing a mine at its Alaska Range property, PolarX Ltd. made a... — Updated 1/26/2022 Full story

PolarX Ltd. Oct. 5 reported that its 2021 core drill program at Caribou Dome discovered widespread zones of finely disseminated and vein-hosted native copper over a 1,200-meter-long corridor on this... — Updated 10/7/2021

PolarX Ltd. Aug. 31 reported that the first three holes of its 2021 drill program at the Caribou Dome project in Alaska have cut multiple zones of copper-bearing massive sulfides. "These samples... — Updated 9/2/2021

Accounting for at least US$100 million invested in mineral exploration and mine development in Alaska during 2021, Australian companies continue to work along the entire breadth of the Last... — Updated 8/26/2021

High-grade deposits rich in copper, gold, and silver to bulk tonnage porphyry targets sought after by many of the world's major copper producers, Australia-based PolarX Ltd. has no shortage of... — Updated 8/5/2021

PolarX Ltd. June 22 announced plans to complete at least 1,500 meters of core drilling this year at Caribou Dome, a high-grade copper project on its Alaska Range property. Discovered in 1963,... — Updated 7/1/2021

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-based compan... — 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, delays, and... — 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 property.... — Updated 1/17/2021 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 associated... — 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 considered... — 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 company's... — 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 four... — 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 Alaska... — 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 discovered at... — 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 for... — Updated 9/26/2020 Full story

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 exploration... — Updated 8/14/2020 Full story