Saturn Metals announces drill results

Saturn Metals (ASX:STN) has reported promising drill results from the Apollo Hill Gold Project in Western Australia. Recent drilling has highlighted significant gold intersections, suggesting an expansion of the current Mineral Resource of 1.84 Moz. Key findings include intersections of 12m @ 2.98g/t Au and 9m @ 3.49g/t Au, with a resource upgrade expected in 2024.

Detailed summary of the Apollo Hill drilling results

Saturn Metals Limited has announced significant drill results from its Apollo Hill Gold Project in Western Australia. The recent drilling program comprised 34 holes totaling 9,402 meters, with significant intersections reported in 25 holes. High-grade gold findings included 12m @ 2.98g/t Au and 9m @ 3.49g/t Au, pointing towards an expanded Mineral Resource, currently at 1.84 Moz. An additional 10 holes and 2,805 meters are pending assay results. The company plans an extensive 38,000-meter drilling campaign to support the Apollo Hill prefeasibility study. Regional exploration is ongoing, with new gold trends identified, indicating future potential discoveries. Saturn Metals aims to utilize these results for a resource upgrade in 2024, furthering its exploration strategy and enhancing project viability.

Executive commentary on drill results

Managing Director Ian Bamborough emphasized the potential for growth at Apollo Hill and the prospectivity of the surrounding region.