Saturn Metals Encounters Thick, High-Grade Intercepts From Surface at Apollo Hill
THE DRILL SERGEANT: Saturn Metals (ASX: STN) has continued to encounter encouraging results from RC grade control drilling underway at the planned bulk sample pit location within the company’s Apollo Hill gold project in Western Australia.
Saturn Metals said recent drill results within the planned bulk sample pit area have provided further definition around some of the deposits higher grade architecture while highlighting potential for a positive reconciliation between the current Mineral Resource Model and any new grade control model in this area of the deposit.
He drilling has also confirmed the target area as a suitable location for a low strip bulk sample pit and demonstrated potential for highly payable ores at surface across the deposit.
Broad and high-grade, intersections from surface include:
AHRC0897
55 metres at 2.12 grams per tonne gold from 0m, including 19 m at 5.59g/t gold from 0m, including 10m at 10.4g/t gold from 6m;
AHRC0896
36m at 2.34g/t gold from 0m, including 9m at 8.19/t gold from 0m;
AHAC0876
52m at 1.03g/t gold from 0m, including 22m at 2.07g/t gold from 30m, including 4m at 8.71g/t gold from 48m; and
AHRC0872
47m at 1.03g/t gold from 0m, including 14m at 2.65g/t gold from 12m.
“Results indicate the potential for a significant amount of gold in a relatively small portion of the deposit,” Saturn Metals managing director Ian Bamborough said in the company’s ASX announcement.
“The implications for both the planned pilot heap leaching operation and the bigger project are quite positive.
“We look forward to updating our plans for the bulk sample pit with this new drilling information and to receiving and reporting on the next batch of assays from the drilling completed to date.
“Geological learnings from this more detailed look at the asset are being applied to the greater Apollo Hill deposit to help guide our ongoing exploration and resource development activities.”
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