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Saturn Metals Ltd.
Summary
| Project: | Apollo Hill | |
|---|---|---|
| Deposit: | Apollo Hill | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/19/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-6-2019: Saturn Metals Ltd. announces an Exploration/Drilling Update report for its Apollo Hill deposit at the Apollo Hill project. Drilling results incl. 30m @ 1.23g/t Au from 88m. Saturn Metals Limited (ASX:STN) (“Saturn” or “the Company”) is pleased | |
| Resources: | (Resource, I+I): 20.7Mt @ 1.0g/t Au for 685Koz Au contained at Apollo Hill | |
| CP/QP: | [Overall Report]: Ian Bamborough (Internal) | |
| ABSTRACT: | Saturn Metals Limited (ASX:STN) (“Saturn” or “the Company”) is pleased to announce all remaining results from reverse circulation (RC) and diamond resource infill drilling completed in May at the southern and central parts of its 100%-owned Apollo Hill Gold Project, near Leonora in the Western Australian goldfields. The intersections returned further highlight the potential to increase the scale and quality of Apollo Hill’s current Mineral Resource of 20.7 million tonnes grading 1.0g/t Au for 685,000 ounces of gold1 . Saturn is in the process of preparing another resource upgrade and anticipates completing this in coming months. Figure 1 illustrates the new results in geological cross-section for fuller context. Figure 2 shows the position of significant intercepts and hole locations in plan view. Table 1 details all significant results and Table 2 lists all reported hole details. Moving forward, RC drilling has recommenced at Apollo Hill to further test recently defined higher grade hanging wall lodes in the north of the deposit. Drilling is following up on a number of high grade intersections including 10m @ 5.78g/t Au from 46m incl. 5m @ 11g/t Au from 46m – AHRC0124b . Several holes have already been completed and assays are pending. | |
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