Saturn Metals Limited has announced significant drill results from its Apollo Hill gold project in Western Australia’s prolific Leonora region, highlighting the project’s potential for expansion and development.
The latest drilling, comprising 38 holes totalling 8263 meters, has reinforced the continuity of mineralisation and the robustness of the deposit.
Key highlights include:
-
38m at 1.24 grams per tonne (g/t) gold from 331m, including 12m at 3.39 g/t gold
-
32m at 1.12g/t gold from 136m, including 8m at 3.44 g/t gold.
The results will contribute towards a second mineral resource estimate (MRE) upgrade this year, a maiden ore reserve and the impending pre-feasibility study (PFS) – all scheduled for the second half of 2025.
The updated MRE now stands at 118.7 million tonnes (Mt) at 0.53g/t gold for a total of 2.03 million ounces (Moz), representing a 190,000oz increase from the previous estimate.
The expanded resource is being used to inform initial mine planning activities and test the viability of a large-scale, low-cost development approach.
“The thick and higher-grade results seen in this latest batch of assays continue to reinforce the significant endowment of the Apollo Hill gold deposit and its suitability for bulk mining,” Saturn director Ian Bamborough said.
“Once again, where we have tested the extensional frontiers of the deposit, the recent drilling has produced an excellent intersection – paving the way for further resource growth.
“With the recent resource upgrade surpassing the 2Moz mark and an aggressive drill program in front of us, we look forward to unlocking the full potential of this robust asset against the backdrop of record gold prices.
“Drilling continues around the clock with four rigs currently operating on site, and the results will feed into a second consecutive resource upgrade, targeted for the second half of 2025. This will in turn underpin our maiden ore reserve and the pre-feasibility study, scheduled for completion later this year. We look forward to reporting additional rounds of results on a regular basis over the coming months.”
As the company looks ahead to the next stages of development, Apollo Hill is fast shaping up as a cornerstone asset, bolstered by systematic exploration and a clear path to production.
