PolarX Limited reported that it has completed 5 holes of its current 11-hole RC percussion drilling program at the highly promising gold-silver Star Canyon prospect within its Humboldt Range Project in Nevada, USA. Star Canyon was previously drilled in May 2022 by PolarX, intersecting bonanza gold grades in hole BC22-005, comprising 9.1m @ 124.4g/t Au and 48.6g/t Ag. The Humboldt Range Project lies less than 3km from the currently operating Florida Canyon Mine, which hosts 5Moz gold.

The Humboldt Range Project comprises lode mining claims in Nevada in two claim groups: Black Canyon and Fourth of July and is situated between two large-scale active mines: the Florida Canyon gold mine and the Rochester silver-gold mine. Access to the project is straightforward via roads off the I-80 Interstate Highway, which lies less than 15km to the west of the claims.