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Saturn Metals Limited (ASX:STN)

ALERT: Price-sensitive ASX Announcement for STN
Current share price for STN : $0.450 -0.1 (-18.18%)+
Announcement
Release
15 May 2026 8:59AM
Price at Release
$0.550
Full Release
download
Summary
Saturn Metals Limited has executed a Native Title Mining Agreement with the Wangkatja Tjungula Aboriginal Corporation for the development of the Apollo Hill Gold Project in Western Australia. The agreement formalizes collaboration with the Nyalpa Pirniku Native Title Holders, incorporating milestone payments, production-based royalties, and cultural heritage management. It aims to foster economic benefits and employment opportunities for the native title holders and establishes a framework for long-term cooperation during the exploration, development, and operational stages of the project.
Key Points
  • Saturn Metals Limited has signed a Native Title Mining Agreement with the Wangkatja Tjungula Aboriginal Corporation.
  • The agreement relates to the Apollo Hill Gold Project in Western Australia.
  • This agreement includes milestone payments and production-based royalties.
  • It incorporates provisions for cultural heritage protection and management.
  • The agreement aims to provide economic benefits and employment opportunities for the Nyalpa Pirniku Native Title Holders.
  • The agreement establishes a framework for collaboration throughout the project's stages.
  • The agreement has been approved by the Saturn Metals Limited Board of Directors.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.