Quarterly Activities and Cashflow Report
| Stock | Saturn Metals Ltd (STN.ASX) |
|---|---|
| Release Time | 30 Apr 2026, 9:27 a.m. |
| Price Sensitive | Yes |
Saturn Metals Delivers Strong Q1 2026 at Apollo Hill
- Definitive Feasibility Study commenced with Ausenco appointment
- Significant new high-grade intercepts from the Titan Zone
- Resource in-fill drilling supports next Mineral Resource upgrade
Saturn Metals has delivered another strong quarter at the Apollo Hill Gold Project in Western Australia. Following completion of the Pre-Feasibility Study in the December 2025 Quarter, Saturn has commenced the Definitive Feasibility Study (DFS), targeting delivery in CY2026. The company appointed global engineering firm Ausenco to complete the DFS, leveraging their expertise in heap leach engineering and local construction knowledge. Drilling activities during the quarter continued to demonstrate the potential to expand and upgrade the current 2.24Moz Mineral Resource. Significant new high-grade intercepts were returned from the emerging Titan Zone, highlighting the potential to unlock further value. In-fill drilling also delivered strong results, supporting increased confidence ahead of the next planned Mineral Resource upgrade in mid-CY2026. Additionally, Saturn commenced a 750km2 ground gravity survey across its strategic land package, which is expected to aid the search for additional gold resources and support regional exploration programs. The company ended the quarter with a strong cash position of $50.2 million.
Saturn Metals is targeting delivery of the Apollo Hill Definitive Feasibility Study in CY2026.
Saturn Metals plans to complete the ground gravity survey, continue exploration and resource development drilling, and progress the Definitive Feasibility Study during the June 2026 quarter.