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Saturn Metals Ltd.
Summary
| Project: | Apollo Hill | |
|---|---|---|
| Deposit: | Apollo Hill | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/23/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-7-2019: Saturn Metals Ltd. announces an Exploration/Drilling Update report for its Apollo Hill deposit at the Apollo Hill project. Drilling results incl. 16m @ 1.81g/t Au from 85m. 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 additional positive drill results from holes 1-17 of the planned 100-hole, 10,000m RC drilling campaign currently underway at its 100%-owned Apollo Hill Gold Project, near Leonora in the Western Australian goldfields. Drilling and assays have outlined several hanging-wall splays some 200m south of previous higher-grade intersections. These results suggest the potential for hanging-wall mineralisation over a strike length of at least 400m. Drilling continues to the north and south, with assays pending for multiple holes. Figure 1 illustrates results in geological cross-section for more complete context. Figure 2 shows results in plan view. Saturn Managing Director Ian Bamborough said: “These results represent a strong start to our current drilling program. Drilling of these shallow hanging-wall zones is being undertaken at sufficient density to allow intersections to be included in our upcoming resource modelling exercise. Drilling continues and is currently focusing around higher grade intersections reported in our last program including 10m @ 5.78g/t Au from 46m in hole AHRC0127b . Assays remain pending for multiple holes and we look forward to reporting on our progress”. | |
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