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

Lundin cuts a Stellar deal with PolarX

Base metal miner invests in junior for Alaska copper option North of 60 Mining News – June 7, 2019

Last updated 9/25/2020 at 4:56pm

Lundin Mining invests in PolarX to option Stellar copper project Alaska

Peter Taylor, Millrock Exploration Corp.

Green stains from the oxidization of copper in an outcrop at Mars, one of the porphyry copper targets on PolarX' Stellar project in Alaska.

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 percent interest in the Australia-based junior's Stellar copper-gold project in Alaska.

Lundin Mining is a global base metals miner with copper, nickel and zinc operations in Chile, United States, Portugal and Swede...

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