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Saturn Metals Ltd.
Summary
| Project: | Apollo Hill | |
|---|---|---|
| Deposit: | Apollo Hill | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/14/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-11-2019: Saturn Metals Ltd. announces an Exploration/Drilling Update report for its Apollo Hill deposit at the Apollo Hill project. Drilling results incl. 16m @ 1.69g/t Au from 44m. Saturn Metals (ASX:STN) (“Saturn”, “the Company”) is pleased to announ | |
| Resources: | (Resource, I+I): 24.5Mt @ 1.0g/t Au at project | |
| CP/QP: | [Overall Report]: Ian Bamborough (Internal) | |
| ABSTRACT: | Saturn Metals (ASX:STN) (“Saturn”, “the Company”) is pleased to announce the latest results from the reverse circulation (RC) drilling program underway at its 100%-owned Apollo Hill Gold Project, 60km from Leonora in the Western Australian goldfields. Saturn is currently drilling up to 13,000 metres at Apollo Hill as part of the Company’s efforts to rapidly expand the newly discovered high-grade hanging wall zones and to grow the Project’s recently upgraded 781,000oz Mineral Resource1 . Drilling is focussed on extending mineralisation. Results, planned drilling locations, and program concepts are illustrated in Figures 1 and 3. Saturn Managing Director Ian Bamborough said: “Results continue to confirm our thesis for step change growth immediately adjacent to the Apollo Hill main lode. We are extremely encouraged by the widening gold system, further higher-grade intersections, and the extension of the hanging wall system down dip. We are pressing ahead with our accelerated exploration effort as our confidence in the geological picture and gold system grows”. The Company will provide further information from the exploration and resource drilling at Apollo Hill as results are received and analysed. Tables 1 and 2 list hole details end significant drill results. | |
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