PolarX Limited announced that trenching, mapping and sampling has identified potential for ~600m of mineralised strike length at the Zackly East skarn within its Alaska Range Project. Diamond drill holes ZX18020 (55m@ 2.8g/t Au and 0.6% Cu) and ZX18024 (47m @ 3.1g/t Au and 0.6% Cu) intersected thick copper and gold mineralisation commencing from near surface at Zackly East in 2018. Oriented PolarX diamond drill holes ZX18020 and ZX18024 discovered a new mineralised skarn (Zackly East Skarn) in 2018 which dips gently to the north and is mineralised over much thicker zones than the previously known subvertical dipping Main Skarn. The Zackly East Skarn host unit (originally a limestone) was emplaced via thrust faulting and sits in the hanging wall (above the thrust fault). The Main Skarn lies below the thrust fault in the footwall. The deformation and thrusting predates mineralisation. Both skarns were formed when mineralised fluids derived from a deeper porphyry source travelled up the fault system and reacted with the limestones to form copper, gold and silver mineralised skarns. The Main Skarn and East Skarn lie within the Structural Corridor that runs westeast for 12 km from the Mars porphyry discovery through Zackly and to the northern edge of the Saturn porphyry target. This corridor contains many untested magnetic and structural targets and has the potential to host multiple additional skarn deposits, as well as larger porphyry copper deposits. PolarX intends to pursue the porphyry targets at Mars and Saturn with funding to be provided via an earnin joint venture arrangement. Discussions have commenced with multiple interested parties. The Company will continue to fund its own resource expansion drilling at Zackly and Zackly East. In 2019, PolarX geologists undertook field mapping and trenching to identify the possible extensions to the Zackly East Skarn. An excavator was used to cut two trenches (Trench 1 19ZE_TR01, 50m long, azimuth 180o and Trench 2 19ZE_TR02, 25m long, azimuth 226o) approximately 450 m east of the 2018 drill holes ZX18020 (55m@ 2.8g/t Au and 0.6% Cu) and ZX18024 (47m @ 3.1g/t Au and 0.6% Cu. The objective of the trenches was to identify rock types, structures (such as bedding and faults), alteration, veining and mineralisation to help plan follow up drill holes at Zackly East. Both trenches intersected andesitic volcanic rocks where the beds strike eastsoutheast and dip moderately to the northnortheast (40o). All andesites displayed strong siliceous alteration and disseminated pyrite, chalcopyrite and pyrrhotite. PolarX geologists interpret that the north dipping andesites occur in the thrust hanging wall and stratigraphically overlie the mineralised Zackly East Skarn in the same manner as observed in drill hole ZX18020 and ZX18024. Rock type, bedding direction, mineralisation, veining and fault controls on mineralisation are all consistent across trenches 1 and 2. Copper mineralisation is observed to be related to moderately to steeply dipping NWSE trending faults that cut across the andesite rocks and clearly postdating the thrust emplacement. Trench 1 contained two mineralised zones with 16m @ 509 ppm Cu and 20m @ 566 ppm Cu. Trench 2 had one strongly mineralised zone with 14m @ 1265 ppm Cu. These are considered significant assays for trenches that are situated in the overlying volcanic rocks that is above the underlying limestone/skarn. PolarX has developed a structural mineralisation model to account for the two different mineralised zones at Zackly (i.e. the subvertical Main Skarn and the thicker subhorizontal East Skarn). Stage One, which is prior to mineralisation, assumes subvertically dipping and faulted rock units striking along the Zackly trend. The subvertical fault is likely to be a deep crustal fault that extends along the entire MarsZacklySaturn Structural Corridor with a long history of reactivation and mineralisation. Stage Two depicts a separate block of volcanic, volcaniclastic and sedimentary rocks thrust over the Stage One subvertically dipping rocks. The thrusting is in a northnortheast over south southwest direction. This event also predates mineralisation. Stage Three is when mineralisation of the rocks occurs and is after the thrusting event (Stage Two). Copper, gold, silver and molybdenum mineralisation occurs along the Structural Corridor from deeper sourced porphyry related fluids replacing the limestones and forming the mineralised skarns. The porphyry related fluids may be linked to the porphyry style mineralisation identified at the Mars prospect, or the closer Saturn porphyry target.