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Saturn Metals has announced the positive results from holes 25-30 of the 48 hole 5,900 RC and diamond drilling campaign at its Apollo Hill Gold Project.
Located 650 kilometres North East of Perth Apollo Hill is known to host a number of multi million ounce gold deposits and it comprises of 20 highly prospective gold exploration and prospecting leases.
Its main asset is the Apollo Hill 2018 JORC Compliant Indicated and Inferred Mineral Resource of 20.7 Mt at 1 g/t for 685,000 ounces of gold using a cut-off grade of 0.5 g/t gold. The Apollo Hill tenements exhibit excellent infrastructure and contiguous periods.
The main focus was hole AHRC0163 which intersected 13 metre grading 5 g/t gold from 74 metres including 4 metre grading 9.8 g/t from 74 metres. This intersection provided an excellent opportunity to pursue a higher grade geology target east of the Apollo Hill resource.
AHRC0136 represents a 150 metre step into new territory on the wall of the deposit. The result complements the high-grade hanging wall intersection of 10 metre grading 5.78 g/t gold.
Drilling at other holes are also displaying excellent results with hole AHRC0141 returning 22m at 1.02 g/t gold from 78 metres and 9m at 1.5 g/t auld from 91 metres.
Saturn Managing Director Ian Bamborough hopes future holes will display similar results.
“The intersection returned from AHRC0136 is one of the best ever reported at Apollo Hill. It represents the start of a new direction for the deposit and its future resource growth potential.’ Holes are being planned to follow up on this excellent result as soon as possible,” he said.
Another 4,000 metres of drilling is expected to occur at Apollo Hill in the following months with results to be reported as they are received.
