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Saturn Metals Ltd

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.

Apollo Hill location, Saturn Metals’ tenements and surrounding gold deposits, gold endowment and infrastructure.
Results will be used towards the next resource upgrade expected in the coming months

Saturn Metals Ltd (ASX:STN) has received assay results from the first five holes of its completed 17-hole drill program at its Apollo Gold Project near Leonora in Western Australia.

The results, which will feed into a pending JORC resource upgrade, have identified and extended zones of improved grade at the southern end of the deposit.

Furthermore, the results highlight the potential for additional shallow hanging wall targets.

Highlights include 13 metres at 3.81 g/t gold from 119 metres, 14 metres at 2.04 g/t gold from 34 metres and 22 metres at 1.42 g/t gold from 103 metres.

Assays remain pending for a further 12 holes from the 2,300-metre reverse circulation (RC) and diamond program.

READ: Saturn Metals secures funds to accelerate gold exploration at Apollo Hill

Saturn’s managing director Ian Bamborough said: “We continue to be very pleased with developments at Apollo Hill.

“Our work continues to produce better results within this large and growing gold system that will help form the basis of our next resource upgrade.

“We look forward to getting the drill rigs turning again in the coming weeks as we execute our plan to re-focus on the newly defined higher-grade hanging wall lodes in the north of the deposit.”

Quick facts: Saturn Metals Ltd

Price: $0.48

Market: ASX
Market Cap: $34.76 m
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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

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