Saturn Metals Identifies High-Grade Gold at Western Australia Gold Deposit, Shares Jump 18%

MT Newswires Live04-08

Saturn Metals (ASX:STN) said shallow, high-grade drilling intersections were returned at the northern end of the Apollo Hill deposit in Western Australia, with coarse visible gold observed in panned reverse circulation drill chips associated with the bonanza grade intercept, according to a Wednesday Australian bourse filing.

This includes intercepts of four meters at 70.03 grams per tonne grade of gold from 54 meters, which includes one meter at 277 g/t grade of gold from 55 meters, 18 meters at 2.63 g/t grade of gold from five meters, as well as one meter at 24.60 g/t grade of gold from 93 meters.

Its shares soared 18% in recent trading on Wednesday.

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