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Project: | Apollo Hill | |
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Deposit: | Apollo Hill | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 4/27/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 27-4-2018: Saturn Metals Ltd. announces an Exploration/Drilling Update report for its Apollo Hill deposit at the Apollo Hill project. Drilling results incl. 19m @ 1.02g/t Au from 72m. Saturn Metals (ASX: STN) is pleased to report significant new near-surf | |
Resources: | (Resource, Inf.): 17.2Mt @ 0.9g/t Au at project | |
CP/QP: | [Overall Report]: Jonathon Abbott (MPR Geological Consultants Pty Ltd.) | |
ABSTRACT: | Saturn Metals (ASX: STN) is pleased to report significant new near-surface extensional drill results from its 100%-owned Apollo Hill gold project located near Leonora in Western Australia. Importantly, the returned drill intersections are comparable with historic drill intersections and when coupled with other recently released drill results (6m @ 2.26g/t Au from 11m, and 23m @ 1.15g/t Au from 11m) highlight the potential to increase the scale of the known mineralised system from the current 0.505Moz JORC 2012 compliant inferred gold resource of 17.2Mt at 0.9g/t Au1 . (See Saturn ASX Announcement dated 17 April 2018 for previously released results). All material results are listed in Table 1. Figure 2 illustrates some results in cross section to provide geological context. These near surface results are located along a ~250m southern extension corridor to the Apollo Hill Resource (Figure 3). Figure 3 also depicts other RC drillholes completed as part of the campaign to date. Assays remain pending for 25 drill holes out of 35 drill holes. Details of completed holes for which assays remain pending are included in Table 3. In addition to the resource extension and infill results reported to date, holes have also been completed with the aim of testing for higher-grade plunging shoots | |
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