| Announcement Date: | 2022-10-18 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Saturn Metals Ltd. |
| Project name: | Apollo Hill |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 16m at 0.54g/t Au from 92m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Saturn Metals Limited (ASX:STN) (“Saturn”, “the Company”) is pleased to announce exciting results from step out AC drilling at the Calypso Prospect at its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km southeast of Leonora in the Western Australian Goldfields. Calypso sits within the Apollo Hill Super Structure where previous drilling discovered thick high grade gold intersections in alluvial gravels. Follow up drilling at the time did not immediately identify the source of the mineralisation in the bed rock. However, the angular nature of the alluvial gravel clasts associated with the gold intersections indicated that they were likely only transported a short distance. This suggests that the gold source is reasonably close. New wide spaced AC lines (Figure 2) have provided a successful 200m-300m step out from the gravel gold intercepts and have identified a nearby primary rock source of gold. Gold is associated with quartz veining, shearing and granitic porphyry intrusive rocks (all being widely associated with significant gold deposits across the Goldfields). |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 60,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Announcement Alerts and Notifications
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data