Saturn Metals Confirms New Gold System
THE DRILL SERGEANT: Saturn Metals reported confirmation of a new large gold system seven kilometres east of the company’s Apollo Hill Mineral Resource.
Results from initial RC drilling at the Bob’s prospect adjacent to the Apollo Hill deposit, included:
AHRC0825
5 metres at 6.82 grams per tonne gold from 130m;
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5m at 3.15g/t gold from 168m;
AHRC0822
8m at 1.04g/t gold from 153m; and
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4m at 1.85g/t gold from 132m.
Saturn has interpreted the improving results at Bob’s to be continuing to demonstrate the prosect could be a target of considerable size with increasing grade vectors and promising geology.
Drilling remains open along strike and down plunge of key intersections.
The company has planned RC follow up at Bob’s and is proceeding with AC step out programs on the greater ‘Camp Scale’ opportunity.
“We are excited by the prospect’s proximity to our Apollo Hill Mineral Resource and the exploration potential highlighted in the surrounding geology,” Saturn Metals managing director Ian Bamborough said.
“The company will report on progress as assay batches are received and processed.”
The Apollo Hill deposit and project are 100 per cent owned by Saturn Metals.
The company believes the Apollo Hill project has potential to become a large tonnage, simple metallurgy, low strip open pit mining operation.
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Email: info@saturnmetals.com.au
