Saturn Metals Announces Significant Gold Resource Increase at Apollo Hill
Key points
- Resource increase of 590,000 ounces to 2.83 million ounces
- 26% growth in total gold resource
- Higher-confidence resource categories now represent 77% of total resource
- Resource remains open in multiple directions for potential future growth
Full summary
Saturn Metals Limited announced an updated Mineral Resource Estimate for its Apollo Hill Gold Project in Western Australia, revealing a substantial increase in the gold resource. The total resource has jumped by 590,000 ounces to 2.83 million ounces, marking a 26% growth. Notably, the higher-confidence Measured and Indicated Mineral Resource categories now represent 77% of the total resource, totaling over 2.19 million ounces. This update follows a successful 367-hole drilling program and is expected to support the ongoing Definitive Feasibility Study and an updated Ore Reserve, both targeted for release later in 2026. The mineralisation remains open in several directions, indicating potential for further growth.
Outlook
The company expects to release an updated Ore Reserve and Definitive Feasibility Study by the end of 2026, leveraging the increased resource estimate.
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