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Transaction Announcement Reports
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Project: | Apollo Hill | |
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Deposit: | Apollo Hill | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 7/10/2020 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 10-7-2020: Saturn Metals Ltd. announces an Exploration/Drilling Update report for its Apollo Hill deposit at the Apollo Hill project. Drilling results incl. 6m @ 6.23g/t Au from 246m. 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 further results from the ongoing reverse circulation (RC) drilling at the Apollo Hill hanging-walls 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 strategy 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 and additional drilling is planned to further test the limits of the mineralised corridor in this south-central part of the deposit. Figure 1 shows a geological cross section with the new results. Follow up drill holes are also illustrated. Figure 2 highlights the results in plan view along with the location of holes for which assays remain pending. | |
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