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Saturn Metals latest drill results discovers new lode at Apollo Hill

Reverse circulation (RC) drilling underway has returned more positive results.

drill rig on site at Apollo Hill
Drill results from this program will feed into the next resource update

Saturn Metals Ltd (ASX:STN) has receive drill results from holes 25-30 of the planned 48-hole program underway at its 100%-owned Apollo Hill Gold Project near Leonora in Western Australia.

Notably, hole AHRC0136 intersected 13 metres at 5.05 g/t gold from 74 metres including 4 metres grading 9.8 g/t gold from 74 metres.

This thick, high-grade, relatively shallow intersection is located on a newly discovered hanging wall splay to the main Apollo Hill deposit.

It provides a good opportunity to pursue a new higher grade structure immediately east of the Apollo Hill Resource.

The mineralisation remains open along strike and down dip.

READ: Saturn Metals hits high-grade gold up to 5.21 g/t at Apollo Hill

Saturn’s managing director Ian Bamborough said: “The intersection returned from AHRC0136 is one of the best ever reported at Apollo Hill.

“It represents the start of a new direction for the deposit and its future resource growth potential. Holes are being planned to follow up on this excellent result as soon as possible.”

Saturn plans to complete another 4,000 metres of RC drilling at Apollo Hill in the coming months with assays to be reported when received.

Upgrading the 685,000-ounce deposit

Results conitues to support the potential for a resource upgrade to the current JORC estimate of 20.7 million tonnes grading 1.0 g/t gold for 685,000 ounces of gold.

Recent drill results relative to the JORC resource

Quick facts: Saturn Metals Ltd

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Saturn Metals intersects further high-grade gold at new lode adjacent to...

Saturn Metals Ltd (ASX:STN) managing director Ian Bamborough updates Proactive Investors on further high-grade gold intersected in an area 150 metres east of its Apollo Hill Gold Project.   Bamborough said the latest intersection is one of the best ever reported at Apollo Hill,...

on 2/5/19

2 min read