Why the Polarx (ASX:PXX) share price rocketed 20% today // The Motley Fool Australia

The Polarx Ltd (ASX: PXX) share price closed over 20% higher today at 4.7 cents a share.

Polarx is a mineral exploration and development company with current interests in copper and gold projects in Alaska and Nevada, USA. The company’s shares entered a trading halt today, which came at the same time that Polarx announced progress pertaining to its Zackly gold-copper-silver project.

Polarx plans scoping study following latest drilling results

The scoping study, based on the company’s Zackly Main, Zackly East and Caribou Dome projects, is being planned to determine key project economics following Polarx’s latest Alaska drilling results.

Polarx announced that its latest assays confirm mineralisation occurs over at least 2.5km…