Second Rig Contracted To Fast-Track Exploration Campaign
Saturn Metals (ASX:STN) has announced further drilling success from its ongoing reverse circulation (RC) drilling at the Apollo Hill hanging-walls within its 100%-owned Apollo Hill Gold Project in the Western Australian goldfields.
Drilling is underway at Apollo Hill as part of the company’s strategy to expand and upgrade the newly discovered high-grade hanging wall zone and to grow the Project’s 781,000oz Mineral Resource.
Significant new intersections at the Apollo Hill hanging-walls include:
- 6m @ 6.23g/t Au from 246m;
- 13m @ 1.39g/t Au from 157m;
- 4m @ 3.23g/t Au from 141m;
- 1m @ 24.10g/t Au from 70m;
Managing Director, Ian Bamborough, said these new results extend the mineralised corridor to 400m in width in this central part of the Apollo Hill gold system.
He added that the latest assay results continue to highlight the scale of the gold system and additional drilling is planned to further test the limits of the mineralised corridor in this south-central part of the deposit.
“It is great to see the wide hanging-wall system extending to the south,” Mr Bamborough said.
“The company is mobilising a second drill rig to accelerate drilling in this area. Assays remain pending for several important holes and we look forward to the results in due course.”
Apollo Hill is located approximately 60km south-east of Leonora in the heart of WA’s goldfields region.
The deposit and the Apollo Hill project are 100% owned by Saturn Metals and are surrounded by good infrastructure and several significant gold deposits.
The company believes Apollo Hill has the potential to become a large tonnage, simple metallurgy, low strip open pit mining operation.