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How Will PolarX’s US$2M Loan Accelerate Alaska Copper-Gold Discovery?

9:24am on Friday 20th of June, 2025 AEST Mining
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How Will PolarX’s US$2M Loan Accelerate Alaska Copper-Gold Discovery?

9:24am on Friday 20th of June, 2025 AEST
Key Points
  • Northern Star Resources provides US$2M unsecured loan to PolarX
  • Loan interest-free for first 3 months, then 7% per annum for 12-month term
  • Funds allocated to 2025 Alaska Range exploration including geophysics and drilling
  • Caribou Dome Project hosts 7.2Mt resource at 3.1% copper, open at depth
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