Saturn Metals Extends Apollo Hill Mineralisation

THE DRILL SERGEANT: Saturn Metals (ASX: STN) released results from a reverse circulation (RC) drilling program recently completed at the company’s 100 per cent-owned Apollo Hill gold project in the Western Australian goldfields.

Saturn Metals completed the Apollo Hill program as part of its efforts to rapidly expand the newly discovered high-grade hanging wall zones and to grow the project’s recently upgraded 781,000 ounce Mineral Resource.

The company claimed the drilling successfully extended mineralisation in multiple directions.

Results include:

5 metres at 4.7 grams per tonne gold from 126m;

6m at 4.08g/t gold from 108m within 55m at 0.62g/t gold from 92m;

14m at 1.4g/t gold from 133m;

14m at 1.21g/t gold from 12m within 28m at 0.9g/t gold;

8m at 1.7g/t gold from 33m within 21m at 0.72g/t gold from 33m;

6m at 2.2g/t gold from 129m within 19m at 0.91g/t gold from 116m;

“Results continue to show the potential for significant resource growth immediately adjacent to Apollo Hill in the higher-grade hanging-wall zones, while a widening mineralised corridor may provide multiple opportunities for additional discovery,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.

“Improving mineralisation in other areas such as the Ra area is a bonus.

“Importantly, we look forward to results from our recently completed deeper step out holes which have been drilled to test for mineralisation down dip of both the northern and southern higher-grade hanging-wall zones.

“A second 10,000 metre extensional RC phase is planned to commence in early January 2020.”