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Saturn Metals Ltd.
Summary
| Project: | Apollo Hill | |
|---|---|---|
| Deposit: | Apollo Hill | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/14/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-10-2019: Saturn Metals Ltd. announces a Resource Estimation report for its Apollo Hill deposit at the Apollo Hill project. Updated mineral resource estimate for Apollo Hill. Saturn Metals Limited (ASX:STN) (“Saturn”, “the Company”) is pleased to announ | |
| Resources: | (Resource, I+I): 24.5Mt @ 1.0g/t Au at project | |
| CP/QP: | [Resources]: Ingvar Kirchner (AMC Consultants Pty Ltd.) | |
| ABSTRACT: | Saturn Metals Limited (ASX:STN) (“Saturn”, “the Company”) is pleased to announce that it has completed an updated Mineral Resource estimate for the Apollo Hill gold deposit at its 100%-owned Apollo Hill Gold Project near Leonora in the Western Australian Goldfields. The upgraded Mineral Resource (Figure 1 and Table 1) totals 24.5Mt at 1.0g/t Au for 781,000oz. This is a significant increase in contained ounces from the previously published resource. It incorporates the results of a highly successful 152-hole, 18,600m extensional and in-fill drilling campaign completed since the last Mineral Resource upgrade published in mid-November 2018. The growth in the Apollo Hill Mineral Resource over the past 10 months has largely been driven by the discovery of shallow higher-grade mineralisation in the Apollo Hill hanging-wall zone and further important breakthroughs in the understanding of the geological controls at the deposit. Additional improvements in the resource modelling techniques have continued to have a positive influence. | |
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