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Saturn Metals Limited (ASX:STN)

ALERT: Price-sensitive ASX Announcement for STN
Current share price for STN : $0.465 -0.045 (-8.82%)+
Announcement
Release
20 May 2026 9:02AM
Price at Release
$0.510
Full Release
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Summary
Saturn Metals Limited has announced positive results from resource development drilling at their Apollo Hill Gold Project in Western Australia. The drilling, which includes both reverse circulation (RC) and diamond drilling (DD), has shown significant intersections that support the potential for upgrading the 2.24 million ounce gold resource. This upgrade will underpin the Definitive Feasibility Study (DFS) and the updated Ore Reserve, both set for release later in the year. Key results include intersections such as 16m at 2.46g/t gold and 22m at 1.58g/t gold, among others. These drill results are aimed at improving resource confidence, quality, and contained metal content. Saturn's ongoing drilling efforts continue beyond the resource cut-off date with additional assays pending.
Key Points
  • Significant drill intersections at Apollo Hill Gold Project.
  • 16m at 2.46g/t gold and 22m at 1.58g/t gold reported.
  • Results support potential upgrade to 2.24Moz gold resource.
  • Updated Mineral Resource to underpin DFS and Ore Reserve.
  • Additional assays pending for further drill holes.
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.