THE DRILL SERGEANT: Saturn Metals (ASX: STN) is back out on the ground having resumed resource extension and infill drilling at the company’s 100 per cent-owned Apollo Hill gold project, near Leonora in the Western Australian goldfields.
Saturn Metals is undertaking a new program of up to 3,600 metres of reverse circulation (RC) drilling at Apollo Hill as it looks to rapidly grow the project’s Mineral Resource, which currently stands at 20.7 million tonnes grading 1 gram per tonne gold for 685,000 ounces.
This round of drilling follows broad-spaced step-out drilling the company carried out last year that confirmed the continuation of the Apollo Hill system, to the north and south.
The company explained the new program will seek to infill these corridors of mineralisation.
“Significant potential exists to find higher grade zones between the step-out intersections reported in December last year and the northern and southern ends of the current Apollo Hill resource envelope,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.
“That is what particularly excites us about this new program.”
Saturn indicated it would provide further information from the resource extension drilling and the regional aircore program that is taking place concurrently at Apollo Hill as results are received and analysed.