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Saturn Metals Achieves Excellent Apollo Hill Drilling Results

THE DRILL SERGEANT: Saturn Metals (ASX: STN) was eager to let the market know of further results achieved from ongoing reverse circulation (RC) drilling at the Apollo Hill deposit within the company’s 100 per cent-owned Apollo Hill gold project, south-east of Leonora in the Western Australian goldfields.

Saturn Metals explained the drilling is a key part of the company’s ongoing strategy to grow the Apollo Hill Mineral Resource, which was upgraded to 944,000 ounces on 28 January.

The company anticipates another resource upgrade later in 2021 utilising the results from the next 20,000m of drilling planned across the Apollo tenements and the 29,000m already completed between January and May.

Thick, shallow, and higher-grade intersections from recent reverse circulation drilling include:

AHRC0766
10 metres at 4 grams per tonne gold from 89m, including 5m at 7g/t gold from 94m;

AHRC0710
12m at 1.82g/t gold from 172m including 5m at 3g/t gold from 172m;

AHRC0725
12m at 1.32 g/t gold from 75m including 4m at 3.43g/t gold from 79m;

AHRC0717
12m at 1.02g/t gold from 30m including 6m at 1.83g/t gold from 30m;

AHRC0723
4m at 4.51g/t gold from 108m;

AHRC0726
3m at 12.33g/t gold from 79m; and

AHRC0722
2m at 9.87g/t gold from 171m.

Saturn claimed the new results effectively merge mineralisation into one continuous southern Apollo Hill extensional corridor between the Ra and Tefnut zones over a one kilometre strike length, demonstrating clear continuity between the drill sections.

“These excellent results provide us with the confidence to model the new corridor over its full strike length, an important step as we work towards our next resource upgrade planned for later in 2021,” Saturn Metals managing director Ian Bamborough said in the company’s ASX announcement.

“The new results highlight the ongoing exploration potential where drilling remains open to south, and to the north immediately adjacent and parallel to the main Apollo Hill Lode, with further work planned.

“A higher-grade core to the assay results is becoming evident over the extensional corridor’s strike length and this is very promising.

“We look forward to reporting on the next batch of assays from the 40 additional holes completed to date in this area.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@saturnmetals.com.au

 

Web: www.saturnmetals.com.au

 

 

Ian Bamborough Saturn Metals (ASX: STN) April 2021

Saturn Metals (ASX: STN) upgraded the Resource at the company’s Apollo gold deposit in January and is hoping to repeat that effort later in the year following some recent drilling success to be backed up by further exploratory drilling. Saturn Metals managing director Ian Bamborough zoomed into The Resources Roadhouse to provide an update.

Saturn Metals Drills Apollo Gold Extension Intersections

THE DRILL SERGEANT: Saturn Metals (ASX: STN) reported further meaningful results from an ongoing RC drilling program underway at the Apollo Hill deposit within the company’s 100 per cent-owned Apollo Hill gold project in the Western Australian goldfields.

Saturn Metals is conducting the drilling as a key part of the company’s ongoing strategy to grow the Apollo Hill Mineral Resource, which was upgraded to 944,000 ounces on in January 2021.

The company has another resource upgrade planned for later in 2021 after considering results from the next 30,000m of planned drilling across the Apollo Gold camp.

The latest results demonstrate thick, shallow, and high-grade intersections, including:

AHRC0647
8 metres at 9.47 grams per tonne gold from 102m, including 3m at 24.92g/t gold from 102m;

AHRC0621
19m at 1.18g/t gold from 26m including 10m at 2.01g/t gold from 26m;

AHRC0651
15m at 1.15g/t gold from 54m including 4m at 2.96g/t gold from 58m;

AHRC0658
23m at 1.1g/t gold from 130m;

AHRC0639
10m at 1.12g/t gold from 96m; and

AHRC0675
7m at 1.4g/t gold from 20m.

The new results show consistency in the already identified +1.4km long and 200m wide southern strike extension to the Apollo Hill mineralised corridor.

“It is great to see the consistency of results being returned along this scalable opportunity,” Saturn Metals managing director Ian Bamborough said in the company’s ASX announcement.

“Infill drilling is continuing in this new zone with the aim of adding to our existing resource base and to ultimately creating a mineralised camp of a size that will support a major sustainable mining operation.

“We look forward to receiving and reporting on the next batch of assays from the 30 additional holes completed to date in this area.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@saturnmetals.com.au

 

Web: www.saturnmetals.com.au

 

Saturn Metals Continues Apollo Hill Gold Encounter

THE DRILL SERGEANT: Saturn Metals (ASX: STN) has continued its run of near surface gold intersections at the Apollo Hill deposit within the company’s 100 per cent-owned Apollo Hill gold project, south-east of Leonora in Western Australia.

Saturn Metals reported further results from ongoing RC drilling at Apollo Hill, which is being undertaken as part of the company’s strategy to grow the Apollo Hill Mineral Resource hat it upgraded to 944,000 ounces in January.

The company has a further resource upgrade pencilled in for later in 2021, after results come in from the next 30,000m of planned drilling across the Apollo Gold camp.

Latest results include:

AHRC0618
54 metres at 3.72 grams per tonne gold from 43m, including 33m at 5.8g/t gold from 49m;

AHRC0535
12m at 5.79g/t gold from 22m;

AHRC0590
45m at 1.58g/t gold from 0m, including 14m at 2.88g/t gold from 0m and 12m at 1.5g/t gold from 28m;

AHRC0610
65m at 0.96g/t gold from 43m, including 25m at 1.7g/t gold from 48m, including 8m at 3.13g/t gold from 57m; and

AHRC0591
50m at 1.11g/t gold from 4m, including 22m at 1.63g/t gold from 6m.

“Results from this program have increased our confidence in the deposit’s potential and provided some excellent intersections for Saturn’s next planned resource upgrade,

“These results, along with other expansionary exploration, and recently reported drill results, provide strong leverage for ongoing growth at Apollo Hill.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@saturnmetals.com.au

 

Web: www.saturnmetals.com.au

 

Saturn Metals Extends Apollo Hill Gold System

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

Saturn Metals latest drilling efforts have encountered several near surface gold intersections in a broad corridor between the Ra and Tefnut deposits, situated immediately south of Apollo Hill.

The company has now reported mineralised intersections over a 1km long strike extension.

Latest results include:

AHRC0646
21m at 1.82 grams per tonne gold from 57m;

AHRC0655
12m at 1.32g/t gold from 124m, including 4m at 2.99g/t gold from 129m;

AHRC0635
16m at 0.87g/t gold from 39m;

AHRC0648
6m at 1.51g/t gold from 78m and 6m at 1.83g/t gold from 128m;

AHRC0644
6m at 1.7g/t gold from 71m; and

AHRC0629
4m at 1.44g/t gold from 188m.

“These new results show the scalability of the greater Apollo Hill gold deposit,” Saturn Metals managing director Ian Bamborough said in the company’s ASX announcement.

“Infill drilling has already been undertaken in this new zone with the aim of growing our resource base to a size that will support a major mining operation.

“We look forward to receiving and reporting on the next batch of assays from the 20 additional holes completed to date in this area.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@saturnmetals.com.au

 

Web: www.saturnmetals.com.au

 

Saturn Metals Drills Further Mineralisation at Apollo Hill

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

Recent strong intersections returned from the near-surface resource drilling at Apollo Hill include:

AHRC0480
12 metres at 5.75 grams per tonne gold from 2m, including 8m at 8.83g/t gold from 6m;

AHRC0479
2m at 63.05g/t gold from 8m;

AHRC0477
8m at 4.28g/t gold from 72m, including 4m at 8.34g/t gold from 72m;

AHRC0473
7m at 3.34g/t gold from 80m; and

AHRC0502
15m at 2.09g/t gold from 79m, including 7m at3.84g/t gold from 87m.

Saturn Metals declared the higher-grade intercepts show potential exists to extend and improve the January 2021 reported Mineral Resource of 35.9 million tonnes at 0.8g/t gold for 944,000 ounces of gold, with intersections sitting in ideal locations for additional leverage on the resource and subsequent open pit optimisations.

“An increase in the understanding of the geological controls across the deposit after the 2020 drilling program is allowing us to successfully target higher-grade mineralisation both within and around the newly expanded resource,” Saturn Metals managing director Ian Bamborough said in the company’s ASX announcement.

“Scope for further improvement exists as we continue to apply the learnings from the December-January resource modelling exercise.

“Drilling since early January has focussed on testing for higher grade opportunities across the deposit as well as on several crucial ‘step-out’ exploration initiatives.

“We look forward to reporting assays from the 100 holes that remain pending.

“An aggressive start to the year reflects our continued confidence in the deposit and a great step for our next stage of growth.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@saturnmetals.com.au

 

Web: www.saturnmetals.com.au

 

Saturn Metals Upgrades Apollo Hill Resource

THE DRILL SERAGENT: Saturn Metals (ASX: STN) did what it said it would do and completed an updated Mineral Resource estimate for the Apollo Hill gold deposit at the company’s 100 per cent- owned Apollo Hill gold project near Leonora in the Western Australian Goldfields.

The upgraded Mineral Resource has come in at 36 million tonnes at 0.8 grams per tonne gold for 944,000 ounces, a substantial increase in contained ounces from the previously published resource.

It incorporates the results of a 265-hole extensional and in-fill drilling campaign Saturn completed since the last Mineral Resource upgrade, which was published in late October 2019.

Saturn has now added 439,000 ounces to the Apollo Hill Mineral Resource in just under three years from listing.

“This resource upgrade is the third significant step for the company and the Apollo Hill asset in as many years,” Saturn Metals managing director Ian Bamborough said in the company’s ASX announcement.

“Consistent improvements in the quality of the resource, its overall size, and to the Mineral Resource categories, through efficient drilling continue to bode well for the advancement of our business.

“For the first time we have been able to publish the Mineral Resource within a ‘Whittle’ pit shell using preliminary cost assumptions.

“This has allowed the company to consider potential economies of scale, lower cost processing scenarios and the use of a lower cut-off grade to help obtain an improved stripping ratio.

“With the system open along strike and up and down plunge and metallurgical assumptions at an early stage of understanding, the gold deposit is positioned for continued growth.

“Drilling has already resumed with two rigs on site testing for additional mineralisation.

“In addition, the next stage of metallurgical sampling has commenced towards searching for processing cost improvements.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@saturnmetals.com.au

 

Web: www.saturnmetals.com.au

 

Saturn Metals Scores Further Big Gold Hits at Apollo Hill

THE DRILL SERGEANT: Saturn Metals (ASX: STN) continued its golden drilling run 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 released further results from ongoing RC drilling at the Apollo Hill deposit that is being carried out with the aim of growing the current Apollo Hill 781,000-ounce Mineral Resource.

Saturn Metals is looking at a resource upgrade for late 2020, incorporating results from over 50,000m of drilling the company has conducted since October 2019 when the resource estimate was last updated.

The latest drilling returned thick and shallow intersections the company claims to further demonstrate mineralised continuity on several hanging-wall positions along the deposit’s strike length:

These include:

AHRC0395
15 metres at 1 gram per tonne gold from 145m, including 5m at 2.39g/t gold from 145m;

AHRC0429
11m at 1.03g/t gold from 65m, including 6m at 2.19g/t gold from 70m;

AHRC0458
8m at 1.16g/t gold from 165m;

AHRC0398
7m at 1.39g/t gold from 135m, within 24m at 0.57gt gold from 118m;

AHRC0396
5m at 1.24g/t gold from 109m, including 2m at 2.95g/t gold from 112m;

AHRC0409
4m at 3.21g/t gold from 162m;

AHRC0427
5m at 1.23g/t gold from 1m;
3m at 2.06g/t gold from 111m;

AHRC0420
4m at 1.32g/t gold from 62m;

AHRC0430
4m at 0.97g/t gold from 55m; and

AHRC0397
2m at 7.37g/t gold from 96m;
1m at 8.55g/t gold from 204m.

Drilling on the Apollo Hill main zone extended mineralisation with intersections including:

AHRC0424
12m at 1.78g/t gold from 370m;

AHRC0425
8m at 1.6g/t gold from 218m;

AHRC0426
8m at 1.03g/t gold from 237m within 20m at 0.62g/t gold from 233m; and

AHRC0451
5m at 1.04g/t gold from 149m within 12m at 0.56g/t gold from 142m;
7m at 1g/t gold from 186m.

“Results continue to develop shallower hanging-wall positions,” Saturn Metals managing director Ian Bamborough said in the company’s ASX announcement.

“Further extensional intersections are being reported on the main lode.

“The cumulative effect of ongoing drilling is the significant enhancement of our understanding of the opportunity at Apollo Hill.

“Assays remain pending for a further 41 holes and drilling is continuing.

“We look forward to receiving and reporting on the next batch shortly.

“The reported assays are being incorporated into the current resource upgrade process which is scheduled for completion in early December.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@saturnmetals.com.au

 

Web: www.saturnmetals.com.au

 

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