Saturn Metals Ltd

Saturn Metals' Apollo Hill gold assays highlight future resource growth potential

Saturn Metals Ltd (ASX:STN) managing director Ian Bamborough updates Proactive Investors on high-grade drilling results from a 5,900-metre program 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.
"What we really liked about yesterday's intersections was those higher grades were starting to hang together in a continuous lode system within the deposit," says Bamborough.
He continues, "That's a real positive change and points towards the future resource growth potential for the system."

Quick facts: Saturn Metals Ltd

Price: $0.48

Market: ASX
Market Cap: $34.76 m

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Saturn Metals has a dual strategy to develop its large-scale Apollo Hill...

Saturn Metals Ltd (ASX:STN) managing director Ian Bamborough introduces Proactive Investors to the Western Australian gold exploration company's Apollo Hill Project, located in the heart of the Eastern Goldfields. Both the company and its assets were spun out of Peel Mining Ltd (ASX:PEX) and...

on 20/12/18

2 min read