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Saturn Metals Ltd.
Summary
| Project: | Apollo Hill | |
|---|---|---|
| Deposit: | Apollo Hill | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/10/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-6-2020: Saturn Metals Ltd. announces an Exploration/Drilling Update report for its Apollo Hill deposit at the Apollo Hill project. Drilling results incl. 4m @ 3.86g/t Au from 150m. Saturn Metals (ASX:STN) (“Saturn”, “the Company”) is pleased to announc | |
| Resources: | (Resources, Total): 24.5Mt @ 1.0g/t Au (781koz Au) | |
| CP/QP: | [Overall Report] Ian Bamborough (Internal) | |
| ABSTRACT: | Saturn Metals (ASX:STN) (“Saturn”, “the Company”) is pleased to announce additional results from the latest round of reverse circulation (RC) drilling at the Apollo Hill hanging-walls and the Calypso prospect within its 100%-owned Apollo Hill Gold Project, 60km from Leonora in the Western Australian goldfields. Drilling is underway at Apollo Hill as part of the Company’s efforts to expand and upgrade the newly discovered high-grade hanging wall zone and to grow the Project’s 781,000oz Mineral Resource1. The latest assay results continue to highlight the scale of the gold system. Drill holes AHRC0217 (5m @ 1.69g/t Au and 4m @ 2.32g/t Au) and AHRC0219 (7m @ 0.32g/t Au) bridge the previously unexplored zones between the Apollo Hill Main lode and the Hanging-wall Lodes (Figure 1). Drilling is underway to extend the hanging-wall lodes to the south and east with broad step-out sections (Figure 2). A short three-hole RC program was completed at satellite prospect Calypso to further develop geological understanding of this new area. Figure 3 shows the proximity of Calypso to Apollo Hill, over magnetics, which highlights a camp-scale exploration opportunity. Table 1 lists significant intersections returned to date. Table 2 lists relevant hole details. | |
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