PolarX Limited’s Post

Western Exploration (TSXV: WEX; OTCQX: WEXPF) reported positive results from 2024 metallurgical testing of the Gravel Creek deposit, specifically from the Jarbidge District of Elko County, Nevada, USA. Highlights: * A 94.8% gold and 89.8% silver recovery achieved through combined gravity and flotation methods. * The gravity and flotation concentrate represented 10.9% of the feed weight, with high grades of 57.1 g/t gold and 1,725 g/t silver. * Gravity concentration recovered 22.4% of the gold and 4.4% of the silver with high-grade concentrates. CEO Darcy Marud emphasized the promising metallurgical outcomes, affirming the potential for the recovery of precious metals. Good. But is it enough for the market? Want to Learn More? #TheNextBigRush https://lnkd.in/d6UepchF

OD6 Metals Ltd (ASX:OD6) made important progress on its #CriticalMinerals strategy during the June quarter with the highlights being a doubling of the mineral resource estimate (MRE) at the Splinter Rock Rare Earths Project in Western Australia and continuing success with metallurgical tests. The Splinter Rock MRE now stands at 682 million tonnes at 1,338ppm total rare earth oxides (TREO) in the indicated and inferred resource categories at a 1,000ppm cut-off grade including a high-grade indicated MRE at the Inside Centre deposit of 119 million tonnes at 1,632ppm TREO. This equates to approximately 910,000 tonnes of contained TREO and, importantly, 205,000 tonnes of higher value contained magnet rare earth oxides (MagREO), which represents an average of about 23% of the TREO grade. More at #Proactive #ProactiveInvestors #BatteryMetals #RareEarthElements #MagnetRareEarths http://ow.ly/gENj105CsQ4

Initial assays at QMines' Develin Creek have shown shallow high-grade copper and zinc mineralisation, leading to potential mine life extension at Mt Chalmers. QMines Limited (ASX:QML) https://buff.ly/3THSITa #ASX

In the race to supply critical metals to the USA, @GuardianMetalResources is leading the way with a cluster of projects. “…with growing political pressures impacting the critical minerals supply chain, #GMET appears to be in a particularly strong position to capitalise on this crucial sector highway…” https://lnkd.in/eGri3emY

via Stockhead PolarX Limited boasts 7.2Mt of resources at 3.1% copper and 6.5g/t #silver at Caribou Dome as well as 4Mt at 1.1% Cu, 1.6g/t #gold and 12.6g/t Ag further north at Zackly along with a host of targets across a 35km strike. An updated scoping study earlier this year suggested PXX could make a marketable concentrate grading 21.7% #copper, delivering a pre-tax NPV of $625m and IRR of 73.9%, with life of mine EBITDA of $1.27b and annual free cash flow of $120m over 9.5 years. Owner of the nearby Pogo mine, 10.6% holder NST re-upped its support of #PXX by underwriting a ~$5m 1.2c a share 1-for-4 entitlement offer announced in December, intended to fund the completion of the acquisition of PXX’s 80% interest in Caribou Dome and exploration at the Alaska Range copper gold project and Humboldt Range gold project. Learn more: https://loom.ly/hQXtnDE #PolarX #ASX

OD6 Metals Ltd (ASX:OD6) is trading higher after fielding an updated mineral resource estimate (MRE) that doubles the previous estimate at the Splinter Rock Rare Earth Element (REE) Project in Western Australia. The total MRE now sits at 682 million tonnes at 1,338 parts per million (ppm) total rare earth oxide (TREO) at a cut-off grade of 1,000 ppm. This includes a higher confidence indicated portion of 119 million tonnes at 1,632 ppm TREO, again at a 1,000-ppm cut-off. Importantly for OD6, the resource contains high-value magnet rare earth oxides (MREO) to the tune of about 23% of TREO, making for about 205,000 tonnes of MREO within the resource and approximately 910,000 tonnes of contained TREO Investors have responded positively with shares have been as much as 50.8% higher in morning ASX trading to $0.095. More at #Proactive #ProactiveInvestors #BatteryMetals #CriticalMinerals #RareEarthElements #MagnetRareEarths http://ow.ly/Pm8o105uMZI

Power Nickel.  (the "Company" or "Power Nickel") (TSXV: PNPN) is pleased to announce high-grade multi-elements assay results for hole PN-24-055. "This is a special discovery; these are big intersections to be that high-grade and we are seeing a pattern here. This intersection is in the high-grade wheelhouse that is plus or minus 100 metres wide and seems to have a prospective mineralized halo around it of 50-75 metres. With copper and metal prices surging, this is such a great find. We are excited to see how this discovery can grow from here," commented Terry Lynch, Power Nickel CEO. https://lnkd.in/gAgwvn3s #PowerNickel #HighGradeAssay #TSXV #PNPN #MineralDiscovery #CopperPrices #MetalSurge #ExplorationSuccess #TerryLynch #MiningIndustry #ResourceDiscovery #CopperEquivalent #Mineralization #MiningInnovation #MiningNews #AssayResults #NickelExploration #MiningInvestment #JuniorMining #ResourceSector #CommodityBoom

The need for copper has never been greater. As the globe shifts to achieve challenging climate goals, we offer the best tools to help you make confident decisions when mine planning. Get in touch to find out how GeologicAI and Resource Modeling Solutions can dramatically increase efficiencies at your sites. #coppermining #climategoals #netzero #sustainablemining #ResourceModelingSolutions #GeologicAI #AImining #mininginnovation

VMS vs. Porphyry and Sediment Hosted Copper Deposits: Understanding GreenTech Metals' Whundo Copper Play https://hubs.li/Q02V2fCL0

The most recent #criticalminerals list in Australia omits #copper, relegating it to #strategicmineral status; triggering concerns on the possible impact on #exploration and development. Anax Metals Limited #resource #investing https://bit.ly/3MF3SUX