PolarX Ltd (AU:PXX) has released an update.
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PolarX Limited’s recent drilling program at the Caribou Dome Copper Project in Alaska has yielded promising results, with two of the three holes revealing thick zones of copper-bearing massive sulphides. While assays are pending, these findings beneath a previously high-yielding drill site suggest the potential for significant copper grades. Additionally, the company has secured a $3.2 million funding commitment through a share placement to advance the project.
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