Saturn Metals Ltd (ASX:STN) has received high-grade results from holes 14-24 of a planned 48-hole, 5,900-metre program of reverse circulation and diamond drilling at its Apollo Hill Gold Project near Leonora in WA.
The intersections compare favourably with better historic mineralised intervals, highlighting the potential to increase the scale and quality of the current mineral resource of 20.7 million tonnes grading 1 g/t for 685,000 ounces of gold.
Saturn plans to complete another 5,000 metres of drilling at Apollo Hill in the coming months.
The drilling results in geological cross section for fuller context
Saturn managing director Ian Bamborough said: “These excellent results will be a great addition to our next resource update planned for the second half of 2019.
“It is great to see the continuity of improved grade within the current resource envelope.
“In addition, further strong intersections such as AHRC0127 with 6 metres at 5.21 g/t from 37 metres in the hanging wall zone continue to give us cause for excitement.”
Near surface higher grade resource drilling intersections include:
- 18 metres at 2 g/t from 37 metres, including 6 metres at 5.21 g/t;
- 16 metres at 2 g/t from 45 metres;
- 22 metres at 1.5 g/t from 128 metres, including 12 metres at 2.33 g/t from 128 metres;
- 26 metres at 1.19 g/t from 1 metre, including 10 metres at 2.1 g/t from 8 metres;
- 19 metres at 1.16 g/t from 47 metres, including 8 metres at 2.17 g/t from 51 metres; and
- 7 metres at 2.78 g/t from 57 metres.
The intersections continue to identify and extend zones of improved grade with the results progressing the continuity of the outlined higher-grade hanging-wall lodes.
The position of the new drill results in plan view