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Saturn Metals Ltd.

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Summary

Project:

Apollo Hill

Deposit:Calypso
Location:Australia
Commodities:Gold
Date:3/12/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:12-3-2020: Saturn Metals Ltd. announces an Exploration/Drilling Update report for its Calypso deposit at the Apollo Hill project. Drilling results incl. 12m @ 6.58g/t Au from 115m. Saturn Metals (ASX:STN) (“Saturn”, “the Company”) is pleased to announce r
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 results from reverse circulation (RC) drilling at Calypso Prospect 3.5km northeast of the Apollo Hill gold deposit on its 100% owned Apollo Hill Gold Project, 60km from Leonora in the Western Australian goldfields. Drilling was undertaken to follow up on historic aircore intersections at satellite locations on the Company’s 1000km2 land package to provide further leads to grow and improve the Project’s 781,000oz Mineral Resource1. Figure 1 shows an interpreted geological cross section of results and planned RC drilling at Calypso Prospect. Figure 2 shows the location of Calypso Prospect relative and proximal to the Apollo Hill deposit and mineral resource1. Figure 3 illustrates the Calypso Prospect results, target corridor with scheduled exploration programs, in plan view on an aeromagnetic background. The Company will provide further information from the exploration and resource drilling at Apollo Hill as results are received and analysed.

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