Saturn Metals has hit significant positive assay results from recent drilling at its 100 per cent owned Apollo Hill gold project.
The Western Australian (WA) site’s results solidified the company’s potential of higher grades in Iris Trend to the north, as the key ore-hosting structure extended over an additional 900 metres of strike.
This discovery has prompted Saturn to deploy additional reverse circulation (RC) drills to Apollo Hill, alongside the company quoting added potential to extend the 2.24 million-ounce mineral resource in terms of growth and step-out drilling.
Results from Iris Trend were produced from 24 holes totalling 2876 metres, with the step-out program successful, further delineating the “Iris opportunity” over said 900 metres.
Significant hits from the drilling at Iris include one from 3 metres at 387 grams per tonne (g/t) of gold (Au) from 105 metres.
This hit included one from 1 metre at 8.87g/t Au, also from 105 metres.
As for the Apollo Hill main resource, results included one from 8 metres at 2.02g/t Au from 168 metres, within 23 metres at 0.76g/t Au from 153 metres.
The company’s managing director Ian Bamborough said that the assay results and geology intersected in the first-ass drilling, alongside the trend to the north of Iris, showcase the need for “immediate” follow-up drilling.
“With this program, we are targeting more shallow, higher-grade Iris-style mineralisation on the edge of the current MRE pit with the potential to positively impact Saturn’s development plans and the upcoming definitive feasibility study for Apollo Hill,” he said.
These significant hits continue, with Iris Trend also delivering one from 4 metres a 1.06g/t Au from 13 metres, within 18 metres at 0.46g/t Au from 8 metres.
Apollo Hill also delivered on from 17 metres at 1.38g/t Au from 300 metres, within 44 metres at 0.67g/t Au from 277 metres.
A step-out extensional diamond drilling operation at this main resource cultivated aa hit of 11 metres at 0.75g/t Au from 510 metres, including 1 metre at 6.91g/t Au grom 510 metres.
With these finds, Bamborough said that in-fill drilling is continuing to reinforce the at-surface mining potential of Apollo Hill.
“Also, step-out drilling has significantly extended the gold system down dip,” he said.
“With additional rigs now on site and booked, we look forward to delivering further news-flow and results in the coming months.”
