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How Will PolarX’s $3M Loan Accelerate Alaska Range Drilling?

12:15am on Sunday 21st of December, 2025 AEDT Mining
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How Will PolarX’s $3M Loan Accelerate Alaska Range Drilling?

12:15am on Sunday 21st of December, 2025 AEDT
Key Points
  • Initiation of high-resolution airborne geophysics and LIDAR surveys at Caribou Dome
  • Mobilisation of diamond core drilling rig targeting 2,400m of drilling in 2025
  • PolarX holds majority stakes in Caribou Dome (81.94%) and Senator (90%) with potential to increase
  • Secured US$2 million unsecured loan from Northern Star Resources to accelerate exploration
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