THE DRILL SERGEANT: Saturn Metals (ASX: STN) continued to release encouraging results from ongoing reverse circulation (RC) drilling at the Apollo Hill deposit within the company’s 100 per cent-owned Apollo Hill gold project in Western Australia.
Saturn Metals is drilling at Apollo Hill as part of the company’s strategy to grow the Apollo Hill project’s current 781,000-ounce Mineral Resource.
The company is anticipating a further resource upgrade to be ready for late 2020 that will incorporate results from drilling it has conducted since November 2019.
The RC drilling at Apollo Hill returned new intersections, including:
AHRC0362 (Apollo Hill main lode)
5 metres at 32.6 grams per tonne gold from 301m, including 3m at 54.2g/t gold from 301m within, 9m at 18.2g/t gold from 301m;
AHRC0363 (Apollo Hill hanging-wall intercept)
9m at 1.48g/t gold from 276m; and
AHRC0162 re-entry (Apollo Hill main lode)
5m at 1.97g/t gold from 191m.
Saturn Metals claimed the AHRC0362 result to be amongst the best intersections it has seen to date at Apollo Hill, and contains the highest-grade individual assay ever returned from the project being 1m at 128.5g/t gold from 301m.
Visible gold was also noted in association with high grades in the 3m at 54.2g/t gold intercept in hole AHRC0362.
“The latest assay results continue to highlight the 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.
“Drilling is continuing on multiple fronts across the deposit.
“Assays remain pending for several important holes around this exciting new footwall zone and we look forward to reporting on the results in due course.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE