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Saturn Metals Ltd.
Summary
| Project: | Apollo Hill | |
|---|---|---|
| Deposit: | Apollo Hill | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/5/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-6-2019: Saturn Metals Ltd. announces an Exploration/Drilling Update report for its Apollo Hill deposit at the Apollo Hill project. Drilling results incl. 13.0m @ 3.81g/t Au from 119m. 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 1-5 of a recently completed 17-hole, 2,300m RC and diamond drilling campaign at its 100%-owned Apollo Hill Gold Project, near Leonora in the Western Australian goldfields. Results such as 13m @ 3.81g/t Au from 119m including 7m @ 6.51g/t Au (AHRC0154) and 22m @ 1.42g/t Au including 12m @ 2.1g/t Au from 103m (AHRC0153) have helped to define a continuous higher grade (+2g/t Au) lode in the south-east of the Apollo Hill Resource area. Figure 1 illustrates the new results in geological cross-section for fuller context. The drilling has also highlighted the potential for additional shallow hanging wall targets with higher grade cores, particularly the intercept of 14m at 2.04 g/t Au from 34m including 6m at 4.55 g/t Au returned in hole AHRC0156. Figure 2 shows the position of this intercept and other new drill results in plan view. Table 1 details all significant results and Table 2 lists all reported hole details. Assays remain pending for a further 12 holes from the recently completed program. Results will be reported as available and will be incorporated into the next resource upgrade, which is due for completion in coming months. RC drilling is scheduled to recommence shortly at Apollo Hill to further test recently defined higher grade hanging wall lodes in the north of the deposit. Planned drilling will follow up on high grade intersections including 10m @ 5.78g/t Au from 46m incl. 5m @ 11g/t Au from 46m – AHRC0124b . | |
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