PolarX Limited announced extensive gold and silver assay results from its recent channel traverse sample program at the Golden Staircase prospect, located near the Star Canyon prospect in the Humboldt Ranges of Nevada, USA. Three continuous saw-cut channel traverses were sampled, with the traverses ranging from 120m to 200m in length. Continuous sampling was undertaken along each channel cut, with a composited sample being taken along each 1.5 metre interval in a similar continuous manner to drill-core, effectively replicating a surface drill hole albeit over weathered outcrop.

The Company tested the Golden Staircase target due to its coincidence with strongly anomalous gold-in-soil sampling results, previous gold-rich rock-chip samples (up to 4.5g/t Au and 12.1g/t Ag, an association with intense vein swarms exposed in rocky rhyolite outcrops and its close proximity to trail road access Assay intervals AA' and BB' actually link as they commence from the same anchor point. The gold and silver results combine to reveal a continuous 69 metre long mineralised interval. The Golden Staircase prospect sits at one end of a 2.8km long soil anomaly, with the Star Canyon prospect sitting at the other end.

Recent drilling by PolarX at Star Canyon returned a bonanza assay of 9.1m @ 124.36g/t gold and 48.6g/t silver within a potentially bulk mineable Carlin-style host system. Given the strength of the results at both Star Canyon and Golden Staircase, the Company now plans to undertake additional channel sampling and drilling along the remainder of the 2.8km long gold-in-soil anomaly.