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Saturn Metals Expands Apollo Hill Gold System

THE DRILL SERGEANT: Saturn Metals (ASX: STN) released further strong results from ongoing RC drilling at the Apollo Hill deposit within the company’s 100 per cent-owned Apollo Hill gold project, near Leonora in the Western Australian goldfields.

Saturn Metals is drilling as part of a strategy to grow the current Apollo Hill 781,000 ounces Mineral Resource.

The company has a further resource upgrade targeted for late 2020, incorporating results from drilling conducted since October 2019 when the resource estimate was last updated.

Results comprise thick, shallow intersections, which the company has considered to demonstrate mineralisation continuity on several hanging-wall positions along the deposit’s strike length, including:

AHRC0414
10 metres at 2.02 grams per tonne gold from 51m, including 5m at 3.84g/t gold from 53m;

AHRC0393
16m at 1.06g/t gold from 16m;

AHRC0448
5m at 2.38g/t gold from 126m; and

AHRC0387
7m at 1.02g/t gold from 200m.

Drilling on the Apollo Hill main zone continued to extend and improve mineralisation with intersections including:

AHRC0414
16m at 2.0g/t gold from 136m including 5m at 5.57g/t gold from 141m;

AHRC0393
23m at 1.64g/t gold from 221m;

AHRC0176
11m at 1.2g/t gold from 204m and 5m at1.65g/t gold from 224m within 46m at 0.73g/t gold from 190m;

AHRC0439
9m at 1.62g/t gold from 26m;

AHRC0441
10m at 1.10g/t gold from 33m;

AHRC0440
7m at 1.17g/t gold from 18m; and

AHRC0388
6m at 1.85g/t gold from 69m.

“Results continue to extend gold mineralisation and improve continuity in shallow hanging-wall positions along the deposit’s strike length,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.

“Extensional drilling on the main lode is returning some excellent intersections.

“Assays remain pending for a further 60 holes and drilling continues to home in on key growth areas of the deposit.

“We look forward to receiving and reporting on the next batch shortly and to incorporating them into the next resource upgrade process planned for later this year.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@saturnmetals.com.au

 

Web: www.saturnmetals.com.au

 

 

Saturn Metals Encounters Strong Gold Hits at Apollo Hill

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:

AHRC0375
7 metres at 5.55 grams per tonne gold from 286m, including 3m at 12.1g/t gold from 287m;

AHRC0367
19m at 1.06g/t gold from 230m, including 12m at 1.46g/t gold from 232m; and

AHRC0367
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.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@saturnmetals.com.au

 

Web: www.saturnmetals.com.au

 

Saturn Metals Sees Gold in Apollo Hill Drill Intersections

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

 

Email: info@saturnetals.com.au

 

Web: www.saturnmetals.com.au

 

 

Saturn Metals Sees Bigger Apollo Hill Picture Developing

THE DRILL SERGEANT: Saturn Metals (ASX: STN) has fashioned a new geological interpretation on the company’s 100 per cent-owned Apollo Hill gold project in Western Australia.

Saturn Metals formed this new opinion on receipt of results from reverse circulation (RC) drilling around the high-grade hanging-walls at Apollo Hill.

The company’s new geological interpretation suggests a westerly-dipping structural corridor highlights additional high-grade opportunity at the Apollo Hill gold project.

Drilling is being undertaken at Apollo Hill as part of Saturn’s efforts to rapidly expand and improve the newly discovered higher-grade hanging wall zones and to grow and improve the project’s 781,000 ounce Mineral Resource.

Drilling at Apollo Hill has continued to intersect mineralisation around higher grade zones with intercepts including:

AHRC0334
17 metres at 0.84 grams per tonne gold from 146m; and

AHRC0336
7m at 1.44g/t gold from 116m.

“Every drill result is providing additional evidence of a major system with multiple opportunities and facets,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.

“We are particularly excited about our new interpretation, the current drilling and the opportunities it could afford.

“The bigger picture continues to emerge.

“We look forward to the ongoing results flow and to including the new information into our next resource update currently scheduled for later in 2020.”

 

Email: info@saturnmetals.com.au

Web: www.saturnmetals.com.au

 

Saturn Metals Extends Mineralisation at Tefnut, South Lake and Apollo Hill

THE DRILL SERGEANT: Saturn Metals (ASX: STN) reported results from reverse circulation (RC) drilling focussing on southerly extensions to the Apollo Hill system on the company’s 100 per cent-owned Apollo Hill gold project in Western Australia.

Saturn Metals conducted the drilling on covered terrain to the south of Apollo Hill around the Tefnut target.

The company completed an initial phase of step out exploration to expand the Apollo Hill mineralised corridor and provide further leads to grow and improve the project’s 781,000-ounce Mineral Resource.

Highlights include:

AHRC0326
12 metres at 2.24 grams per tonne gold from 224m, including 5m at 4.46g/t gold from 230m (Apollo Hill Main Lode); and

7m at 1.2g/t gold from 25m – (Apollo Hill Hanging-walls);

AHRC0321
3m at 1.24g/t gold from 56m and 2m at 4.97g/t gold from 105m – (Tefnut); and

AHRC0328
4m at 2.86g/t gold from 255m.

The company considers the intersections from Tefnut important, believing they have highlighted the potential to develop more Ra style mineralisation at this prospect which sits approximately 1km south of Apollo Hill.

Step-out drilling at South Lake, 300m east of Tefnut on an adjacent section, returned further gold intersections and mineral alteration beneath a thin (1-5m) cover sequence.

A shallow intersection of 1m at 1.59g/t gold from 56m in AHRC0313 highlighted the continuation of the mineralised corridor to the east.

“Positive results from this kind of exploratory drilling are important for the future growth of the Apollo Hill camp,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.

“The system is still wide open for additional discovery and our drill programs continue with further work planned in these areas.

“In the meantime, we are looking forward to the ongoing results flow from drilling around the high-grade Apollo hanging-wall zone with assays pending for another five holes.

‘Drilling is continuing at this important zone with two rigs on site.

“We are keeping the drill bits turning and look forward to including the ongoing results flow into our next resource update currently scheduled for mid-2020.”

 

Email: info@saturnmetals.com.au

Web: www.saturnmetals.com.au

 

THE DAILY ROADHOUSE

 

Saturn Metals Confirms High-Grade Mineralisation at Apollo Hill

THE DRILL SERGEANT: Saturn Metals (ASX: STN) announced the first results from the 2020 reverse circulation (RC) drilling campaign underway at the company’s 100 per cent-owned Apollo Hill gold project in Western Australia.

Matsa Resources Extends Fortitude North Mineralisation

THE DRILL SERGEANT: Matsa Resources (ASX: MAT) has received early results from diamond drilling at Fortitude North, located within the company’s Lake Carey gold project in Western Australia.

Ardiden Identifies High-Grade Gold Hits in Pickle Lake Review

THE DRILL SERGEANT: Ardiden Limited (ASX: ADV) scored well from a recently completed review of historical drillhole data at the company’s Pickle Lake gold project in Ontario, Canada.

Alloy Resources Acquires New Exploration Pipeline Via Dingo Resources

THE BOURSE WHISPERER: Alloy Resources (ASX: AYR) has entered into a binding Heads of Agreement to acquire unlisted public company Dingo Resources Limited.

 

Saturn Metals Confirms High-Grade Mineralisation at Apollo Hill

THE DRILL SERGEANT: Saturn Metals (ASX: STN) announced the first results from the 2020 reverse circulation (RC) drilling campaign underway at the company’s 100 per cent-owned Apollo Hill gold project in Western Australia.

Saturn Metals is currently drilling at Apollo Hill as part of its efforts to rapidly expand and improve the newly discovered high-grade hanging wall zone and to grow and improve the project’s current Mineral Resource.

High-grade, thick and shallow intersections were achieved in the latest step out drill hole:

AHRC0330
8 metres at 12.9 grams per tonne gold from 126m within 14m at 7.75g/t gold from 120m, and;

5m at 8.03g/t gold from 111m.

These intersections follow on from recently released results of:

AHRC0312
12m at 9.98g/t gold from 269m and 11m at 3.2g/t gold from 208m in hole

Saturn Gold believes the results combine to provide important evidence of the repeatability of high-grade mineralisation in the Apollo Hill hanging walls.

The latest results also provide an important vector for additional discovery with several high-grade stacked lodes now interpreted.

As before, the new intersections sit outside, but adjacent to, the current Mineral Resource of 24.5 million tonnes at 1g/t gold for 781,000 ounces of gold and highlight the potential to increase the grade, quality and scale of the resource.

“These excellent results have provided strong evidence of the repeatability of high-grade mineralisation in this thick mineralised corridor,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.

“Drilling continues to show the potential for significant resource improvement and growth immediately adjacent to the initial Apollo Hill zone.

“Key vectors for additional discovery are now apparent.

“Drilling continues with two rigs focussed on follow up drilling around this important zone and several assays are pending.

“We look forward to the ongoing results flow and to including the new information into our next resource update currently scheduled for mid-2020.”

 

Email: info@saturnmetals.com.au

Web: www.saturnmetals.com.au

 

THE DAILY ROADHOUSE

 

Cassini Resources Discovers New Mineralised Prospect at Yarawindah

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has been encouraged by early drilling results from the company’s 80 per cent-owned Yarawindah Brook project located northeast of Perth near New Norcia in Western Australia.

Saturn Metals Drills Major Step Out Result at Apollo Hill

THE DRILL SERGEANT: Saturn Metals (ASX: STN) released results from a Reverse Circulation (RC) drilling campaign undertaken at the company’s 100 per cent-owned Apollo Hill gold project in Western Australia.

Lithium Australia Patent Applications Published by WIPO

THE BOURSE WHISPERER: Lithium Australia has had two patent applications published by The International Bureau of the World Intellectual Property Organisation (WIPO).

Impact Minerals Identifies Porphyry Copper-Gold Prospects

THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has identified four undrilled priority prospects for porphyry copper-gold deposits at the company’s 100 per cent-owned Commonwealth project in the copper-gold Lachlan Fold Belt in New South Wales.

 

Saturn Metals Drills Major Step Out Result at Apollo Hill

THE DRILL SERGEANT: Saturn Metals (ASX: STN) released results from a Reverse Circulation (RC) drilling campaign undertaken at the company’s 100 per cent-owned Apollo Hill gold project in Western Australia.

Saturn Metals carried out the drilling at Apollo Hill in December 2019 as part of the company’s efforts to rapidly expand and improve the newly discovered higher-grade hanging wall zones and to grow and improve the project’s current 24.5 million tonnes at 1 gram per tonne gold for 781,000 ounces of gold Mineral Resource.

The best results came in the form of high-grade, thick intersections from step out drill hole AHRC0312 and include:

12 metres at 9.98 grams per tonne gold from 269m;
36m at 1.32g/t gold from 183m, including 11m at 3.28g/t gold from 208m; and
13m at 1.2g/t gold from 301m, including 4m at 3.63g/t gold from 301m.

Saturn Metals described this as the best result it has achieved on the project to date, with excellent grade and thickness located in a highly favourable step out position relative to the existing resource and known mineralisation.

“These step change results have provided a key breakthrough in the development of the rapidly growing and improving Apollo Hill Gold system,” Saturn Metals managing director Ian Bamborough said in the company’s announcement to the Australian Securities Exchange.

“Drilling clearly shows the potential for a major resource improvement and expansion immediately adjacent to the initial Apollo Hill zone.

“A thick mineralised corridor is providing multiple opportunities for additional discovery with significantly improved grades now being intersected.

“Drilling has recommenced at Apollo Hill with two rigs currently on site.

“We look forward to the ongoing results flow and to including the new information into our next resource process currently scheduled for mid-2020.”

 

Email: info@saturnmetals.com.au

Web: www.saturnmetals.com.au

 

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:

AHRC0297
5 metres at 4.7 grams per tonne gold from 126m;

AHRC0281
6m at 4.08g/t gold from 108m within 55m at 0.62g/t gold from 92m;

AHRC0291
14m at 1.4g/t gold from 133m;

AHRC0296
14m at 1.21g/t gold from 12m within 28m at 0.9g/t gold;

AHRC0292
8m at 1.7g/t gold from 33m within 21m at 0.72g/t gold from 33m;

AHRC0287
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.”

 

Email: info@saturnmetals.com.au

Web: www.saturnmetals.com.au