Saturn Metals latest drill results build case for larger resource at Apollo Hill
Drilling at Apollo Hill aims to expand upon the 781,000-ounce grading 1.0 g/t gold JORC resource.
Company
Saturn Metals Ltd
ASX:STN
Saturn Metals Limited is progressing development of the 2.83Moz Apollo Hill Gold Project in Western Australia’s eastern Goldfields which sits within approximately 1,000sqkm of contiguous tenure and is projected to deliver robust financial outcomes as a standalone large-scale open pit mine and heap leach processing facility.
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Saturn Metals' step-out drilling program identifies a new gold lode at Apollo Hill in WA
The company’s drilling program at Apollo Hill aims to rapidly expand the newly discovered high-grade hanging wall zones.
Saturn Metals boosts Apollo Hill gold resource to 781,000 ounces
The upgraded resource stands at 24.5 million tonnes grading 1.0 g/t gold for 781,000 ounces gold.
Saturn Metals chairman transitions to non-executive role in line with pre-IPO planning
Saturn is well funded to continue exploration at its flagship Apollo Hill Gold project, near Leonora in the WA goldfields.
Saturn Metals resumes Apollo Hill exploration drilling with aim to expand hanging wall zones
Having finished the June 2019 quarter with $2.7 million in cash and raising $3.2 million through a placement in late August, the company is well-funded to accelerate drilling activity.
Saturn Metals delineates new zone outside Apollo Hill 685,000-ounce gold resource
Planned reverse circulation drilling will test the target, extend potential gold mineralisation from the higher-grade hanging walls and further enhance the project.
Saturn Metals' $3.3 million capital raising to accelerate Apollo Hill Gold Project drilling and resource upgrade
Funds will be primarily used to aggressively target and extend gold mineralisation around identified shallow intersections.
Saturn Metals securities halted ahead of capital raising
An upcoming drilling campaign was designed to test up to 5,000 metres.
Saturn Metals receives high-grade gold results up to 6.59 g/t at Apollo Hill
Drilling has temporarily paused to allow collation of data for the company’s current resource upgrade process.
Saturn Metals drill results extend hanging-wall lodes at Apollo Hill Gold Deposit
High-grade hanging-wall intersections now defined over 800 metres of strike length.
Saturn Metals new drill results bode well for gold resource growth
The gold intersections are being drilled outside of the 685,000-ounce JORC resource area.
Saturn Metals expects to lift Apollo Hill resource after further strong gold results
The company has received all remaining results from an infill drilling program completed in May.
Saturn Metals begins drilling high-grade hanging wall zone at Apollo Hill Gold Project
The program is aimed at further expanding the project’s existing 685,000-ounce gold resource.
Saturn Metals latest results hit 13 metres at 3.81 g/t gold
Drill results from five holes at Apollo Hill reveal broad, high-grade gold intersections.
Saturn Metals obtains strong gold recoveries in ore sorting test work on Apollo Hill mineralised material
The results show that Apollo Hill ore is amenable to ore sorting, potentially having a positive impact on project economics.
Saturn Metals secures funds to accelerate gold exploration at Apollo Hill
The $1.5 million raised will fund a 10,000-metre drill program to commence in June.
Saturn Metals in trading halt ahead of capital raising news
The company’s securities will remain in trading halt until the beginning of trade on Wednesday, May 15, or when an announcement is made to market.
Saturn Metals latest drill results discovers new lode at Apollo Hill
Reverse circulation (RC) drilling underway has returned more positive results.
Saturn Metals assays up to 53.7 g/t gold in first batch of results
The high-grade results bode well for a future resource upgrade.
Saturn Metals to begin 5,000 metre aircore drilling at its Apollo Hill Gold Project in WA
A 300 metre three-hole metallurgical and exploration diamond drilling program is also underway at the Apollo Hill project.
Saturn Metals spins diamond drill bit at Apollo Hill
Diamond drilling will test for new styles of mineralisation and provide metallurgy samples.
Saturn Metals begins new drilling program to boost gold resource
The deposit was only recently extended an additional 0.5 kilometres to a total strike length of 1.7 kilometres.
Saturn Metals’ strong drilling results extend Apollo Hill gold system
Results extend the Apollo Hill Gold system an additional 0.5 kilometres to a total strike length of 1.7 kilometres.
Investments and investor services
Exploration core foundation of mining industry’s future: RIU Explorers Conference
Improved cash balances see juniors investing more in exploration seeking the next big discovery.
Saturn Metals drills to upgrade resources and infill mineralisation at Apollo Hill
Apollo Hill Gold Project in the Eastern Goldfields is the key focus.
Saturn Metals resumes drilling to expand gold resource at Apollo Hill
Drilling aims to expand the standing 685,000-ounce gold resource.
Saturn Metals managing director shows confidence with on-market share purchase
The company is drilling for gold across its Apollo Hill land package in Western Australia’s Goldfields.
Saturn Metals aims for further gold resource expansion at Apollo Hill after 2018 resource upgrade
The 180,000-ounce increase was driven by both the increase in grade as well as in tonnage.
Saturn Metals eyes expansion of Apollo Hill gold resource and discovery of new deposits
Apollo Hill Gold Project total resource recently increased by 36% to 20.7 million tonnes at 1.0 g/t gold for 685,000 ounces.
Saturn Metals' high-grade results likely to increase Apollo Hill gold bounty
The first diamond holes drilled at the project have returned broad intersections of high-grade gold.
Saturn Metals accelerates drilling at Apollo Hill Gold Project
The 35-hole program of around 4,000 metres aims to increase the scale of the known mineralised system.