• Executed Project Agreement for the development of the Apollo Hill Gold Project
• Agreement supports the grant of mining lease and completion of project permitting
• Outlines commercial terms, cultural heritage protection, and economic benefits for the Nyalpa Pirniku People

Saturn Metals Limited (ASX: STN) has announced the execution of a Project Agreement with the Wangkatja Tjungula Aboriginal Corporation RNTBC (WTAC), on behalf of the Nyalpa Pirniku Native Title Holders, for the development of the Apollo Hill Gold Project in Western Australia. The agreement was jointly developed under the guidance of the WTAC negotiation team and formally authorised by the Nyalpa Pirniku native title holders. The signing of the agreement supports the grant of the Apollo Hill Mining Lease 31/496 and other future tenements, and paves the way for the completion of permitting for the development of the Mining Project. The agreement reflects commercial terms standard for gold mining projects in Western Australia, including milestone payments and annual production-based royalties on gold once mining operations commence. It also incorporates cultural heritage protection and management provisions, supporting a cooperative and responsible working relationship as the Project advances. Importantly, the agreement outlines opportunities for employment and proactive business participation, seeking to ensure economic benefits for the Nyalpa Pirniku Native Title Holders. Overall, the agreement establishes a clear and long-term framework for collaboration between Saturn and WTAC throughout the exploration, development, and operational stages of the Apollo Hill Project.