Market Alert: ASX200 at Critical Support – Reversal or Further Fall?
Saturn Metals Limited (ASX: STN) continues to advance its Apollo Hill Gold Project in Western Australia with compelling results from ongoing resource-focused reverse circulation (RC) drilling. The latest assays from 41 drill holes totaling 8,816 meters confirm thick, higher-grade gold intercepts that underscore the robustness of the recently upgraded 2.03Moz Mineral Resource. Standout results include 36m @ 1.92g/t Au and 41m @ 1.23g/t Au, which not only support the current resource estimate but also indicate significant upside potential for further expansion. These findings align with Saturn’s heap leach development strategy, aimed at establishing a large-scale, low-strip, bulk mining operation. A second Mineral Resource upgrade, a maiden Ore Reserve, and a Pre-Feasibility Study are planned for late 2025. With four RC rigs operating around the clock, Saturn is set to maintain momentum, leveraging high gold prices to unlock Apollo Hill’s full value.
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Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Apr 23, 2025
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.