Additional Rigs Mobilised to Accelerate Apollo Hill Growth

• Positive assay results reinforce potential of higher-grade Iris Trend and demonstrate additional potential to extend the 2.24Moz Apollo Hill Mineral Resource
• In-fill drilling highlights the at-surface bulk mining potential of the Apollo Hill Deposit
• Step-out drilling extends the gold system 250m down-dip

Saturn Metals Limited has mobilised additional Reverse Circulation (RC) drill rigs to accelerate the next phase of resource growth and step-out drilling at its 100%-owned Apollo Hill Gold Deposit near Leonora in Western Australia. This follows the receipt of positive assay results from a combination of recent step-out and in-fill RC and diamond drilling. The step-out drilling to the north of the Iris and Ra Prospects has further delineated the Iris opportunity over an additional 900 metres of strike length, with notable intersections including 3m @ 3.87g/t Au from 105m. The in-fill drilling has highlighted the at-surface bulk mining potential of the Apollo Hill Deposit, with results such as 121m @ 0.58g/t Au from surface. The step-out diamond drilling has effectively extended the gold system 250m down-dip, with an intersection of 11m @ 0.75g/t Au from 510m, including 1m @ 6.91g/t Au. Saturn's Managing Director Ian Bamborough said the results warrant immediate follow-up drilling, with the potential to positively impact the company's development plans and the upcoming Definitive Feasibility Study for Apollo Hill.

With additional rigs now on site and booked, Saturn looks forward to delivering further news-flow and results in the coming months.