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Saturn Metals Ltd.
Summary
| Project: | Apollo Hill | |
|---|---|---|
| Deposit: | Apollo Hill | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/2/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-5-2019: Saturn Metals Ltd. announces an Exploration/Drilling Update report for its Apollo Hill deposit at the Apollo Hill project. Drilling results incl. 13.0m @ 5.00g/t Au from 74m. Saturn Metals Limited (ASX: STN) (“Saturn” or “the Company”) is please | |
| 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 additional positive drill results from holes 25-30 of the planned 48-hole, 5,900m RC and diamond drilling campaign underway at its 100%-owned Apollo Hill Gold Project, near Leonora in the Western Australian goldfields. (Figure 1 illustrates results in geological cross-section for fuller context.) In particular, hole AHRC0136 intersected 13m grading 5g/t Au from 74m including 4m grading 9.8g/t from 74m. This intersection provides an excellent opportunity to pursue a new highergrade structural geology target immediately east of the Apollo Hill Resource. The mineralisation remains open along strike and down dip. AHRC0136, illustrated in plan view in Figure 2, represents a bold 150m step out into new territory on the hanging wall of the deposit. The result complements the high-grade hanging wall intersection of 10m grading 5.78g/t Au including 5m grading 11g/t Au from 46m (AHRC0124) recently reported by the Company (ASX Announcement 16 April 2019). An intersection of 9m grading 1.00g/t Au from 31m in AHRC0137 further demonstrates the emergence and importance of the newly discovered hanging wall splays at Apollo Hill. | |
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