THE DRILL SERGEANT: Saturn Metals (ASX: STN) announced further pleasing results from ongoing RC drilling at the Apollo Hill deposit within the company’s 100 per cent-owned Apollo Hill gold project in the Western Australian goldfields.
Saturn Metals’ latest drilling at Apollo Hill is a key part of the company’s strategy to grow the project’s current 781,000 ounce Mineral Resource with a further resource upgrade targeted for late 2020, incorporating results from drilling conducted since November 2019.
Recent high-grade and thick intersections achieved on the main lode include:
7 metres at 5.55 grams per tonne gold from 286m, including 3m at 12.1g/t gold from 287m;
19m at 1.06g/t gold from 230m, including 12m at 1.46g/t gold from 232m; and
24m at 1.02g/t gold from 280m, including 12m at 1.62g/t gold from 290m.
“The latest results continue to show the strong potential to improve both the scale and quality of the Apollo Hill gold system,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.
“We have mobilised a third RC drill rig to site to allow us to attack several areas across the deposit simultaneously.
“Assays remain pending for several important holes and we look forward to reporting on the results in due course.”
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