Saturn Metals Extends Titan Lode at Western Australia Gold Project; Shares Up 3%

MT Newswires Live
06/03

Saturn Metals (ASX:STN) reported encouraging new reverse circulation (RC) drilling results from the Titan Lode at its Apollo Hill Gold Project in Western Australia, reinforcing the continuity and near-surface expansion potential of gold mineralization within the system, according to a Wednesday filing with the Australian bourse.

Key intercepts include 16 meters at 1.5 grams per tonne gold from 7 meters, including 7 meters at 3 grams per tonne gold from 15 meters, extending the mineralized footprint to around 350 meters of strike, per the filing.

The program included 46 RC holes, with results to be included in a future resource update as they were received after the cutoff for the current Apollo Hill estimate, the filing said.

The system remains open down-plunge, with additional step-out drilling planned, while a 10,000 meters combined RC and diamond program continues across Titan and Apollo Hill to further test extensions, the filing added.

The company's shares jumped almost 3% in recent Wednesday trade.

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