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Saturn Metals Ltd.
Summary
| Project: | Apollo Hill | |
|---|---|---|
| Deposit: | Apollo Hill | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/2/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-6-2020: Saturn Metals Ltd. announces an Exploration/Drilling Update report for its Apollo Hill deposit at the Apollo Hill project. Drilling results incl. 8m @ 3.38g/t Au from 6m. Saturn Metals (ASX:STN) (“Saturn”, “the Company”) is pleased to announce i | |
| 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 initial results from the latest round of reverse circulation (RC) drilling at the Apollo Hill hanging-walls, on 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 efforts to expand and upgrade the newly discovered high-grade hanging wall zone and to grow and improve the Project’s 781,000oz Mineral Resource1 . Ongoing drilling continues to highlight the scale of the gold system, outlining new Apollo Hill-style lodes in the immediate hanging-wall to the main resource zone (cross-section in Figure 1). Flat-lying zones of higher grade within the bigger system are seen extending to surface as evidenced by the 8m @ 3.38g/t Au intercept from 6m in hole AHRC0343. Figure 2 illustrates significant drill results in plan view along with holes for which assays are pending. Planned step-out drill holes (20 RC holes for 5,000m) are also illustrated in Figure 2. The drill program continues. Table 1 lists significant intersections returned to date. Table 2 lists relevant hole details. | |
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