Saturn Metals Ltd (ASX:STN) has revealed positive drill results from the first reverse circulation (RC) drilling campaign for 2019 at its Apollo Hill Gold Project in the Western Australian goldfields.
The drilling returned material intersections including:
• 17 metres at 2.54 g/t gold from 82 metres;
• 21 metres at 1.0 g/t gold from 107 metres;
• 11 metres at 1.32 g/t gold from 63 metres; and
• 9 metres at 1.54 g/t gold from 62 metres.
The program, which consisted of 3,083 metres of RC drilling, has more clearly defined the main extensional structures and trends within broader step-out mineralised intersections, extending the strike length of the main Apollo Hill system by 0.5 kilometres to 1.7 kilometres.
RC drill results relative to the published resource highlighting them against structural trends on an aeromagnetic image.
The company will now seek to further infill and extend these corridors through planned drilling.
Saturn managing director Ian Bamborough said: “Importantly, drilling has highlighted a number of new areas for focus.
“Moving forward, our planned drilling will continue to home in on these exciting trends as we continue towards our goal of rapidly growing our resource base in 2019.
“Drilling is scheduled to re-commence at Apollo Hill in the coming weeks.”
Since listing on the ASX in March 2018, Saturn has grown the Apollo Hill resource to 20.7 million tonnes grading 1.0 g/t gold for 685,000 ounces of gold.
The company is aiming to complete 10,000 metres of drilling over the next 6-9 months, with the results to be factored into the next resource upgrade.