PolarX Reports High-Grade Copper Discovery at Caribou Dome, Alaska
PolarX has announced significant high-grade copper results from its drilling program at Caribou Dome, Alaska, including multiple intervals exceeding 3% copper. The company plans over 10,000 meters of drilling in 2026 to further explore the mineralization, supported by a budget of US$6.9 million.
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PolarX identified high-grade copper mineralization at Caribou Dome, with key findings including 18m at 2.84% copper and additional notable intervals. A total of 2,133 meters were drilled, with eight out of nine holes hitting substantial copper grades.
The 2026 drilling campaign is set to exceed 10,000 meters and will incorporate downhole EM surveys to locate massive sulphides. The project, alongside the adjacent Zackly deposit, currently boasts a resource of 7.2Mt at 3.1% copper. The recent assay results could indicate significant resource growth potential, especially with rising copper and gold prices.
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