THE DRILL SERGEANT: Saturn Metals (ASX: STN) reported further meaningful results from an ongoing RC drilling program underway at the Apollo Hill deposit within the company’s 100 per cent-owned Apollo Hill gold project in the Western Australian goldfields.
Saturn Metals is conducting the drilling as a key part of the company’s ongoing strategy to grow the Apollo Hill Mineral Resource, which was upgraded to 944,000 ounces on in January 2021.
The company has another resource upgrade planned for later in 2021 after considering results from the next 30,000m of planned drilling across the Apollo Gold camp.
The latest results demonstrate thick, shallow, and high-grade intersections, including:
8 metres at 9.47 grams per tonne gold from 102m, including 3m at 24.92g/t gold from 102m;
19m at 1.18g/t gold from 26m including 10m at 2.01g/t gold from 26m;
15m at 1.15g/t gold from 54m including 4m at 2.96g/t gold from 58m;
23m at 1.1g/t gold from 130m;
10m at 1.12g/t gold from 96m; and
7m at 1.4g/t gold from 20m.
The new results show consistency in the already identified +1.4km long and 200m wide southern strike extension to the Apollo Hill mineralised corridor.
“It is great to see the consistency of results being returned along this scalable opportunity,” Saturn Metals managing director Ian Bamborough said in the company’s ASX announcement.
“Infill drilling is continuing in this new zone with the aim of adding to our existing resource base and to ultimately creating a mineralised camp of a size that will support a major sustainable mining operation.
“We look forward to receiving and reporting on the next batch of assays from the 30 additional holes completed to date in this area.”
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