Saturn Metals' Apollo Hill Drilling Boosts Confidence in ASX200-Linked Gold Potential

June 20, 2025 12:13 PM AEST | By Team Kalkine Media

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Saturn Metals' Apollo Hill Drilling Boosts Confidence in ASX200-Linked Gold Potential — Image source: shutterstock

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Highlights

Robust gold resource continuity confirmed at Apollo Hill

Metallurgical testing shows strong heap leach recovery

Pre-feasibility study and resource upgrade expected H2 2025

Saturn Metals (ASX:STN) has delivered promising new drilling results from its flagship Apollo Hill gold project, located near Leonora in Western Australia. The fresh set of thick, high-grade gold intercepts reinforce the continuity and strength of its substantial 2.03 million-ounce mineral resource.

These outcomes support the company’s broader development outlook, which includes an updated mineral resource estimate and a maiden ore reserve expected in the second half of 2025. A pre-feasibility study is also on the cards, aiming to strategically position Apollo Hill as a competitive gold project in the current high-price environment.

Reinforced Confidence in Gold System

The recently released assay results highlight both the scale and quality of the Apollo Hill system. The thick gold intersections from shallow depths indicate the project's strong potential for future resource growth. These results have added further confidence in the deposit's geology, with clear implications for long-term development strategies.

Saturn's ongoing reverse circulation (RC) drilling campaign forms part of a larger 266-hole, 50,700-metre program. At this stage, 57 RC holes representing 7,300 metres of drilling remain pending for reporting. These will continue to expand understanding of mineralised zones and support future updates.

Heap Leach Strategy Gains Momentum

Complementing the positive drill results, Saturn has also reported excellent outcomes from recent metallurgical testing. Using column leach methods on near-surface oxide and transitional materials, the tests yielded gold recoveries exceeding assumptions used in prior study work.

These findings strongly validate the suitability of a low-cost heap leach process for Apollo Hill—an approach used in nearly half of the world’s gold production. This aligns with Saturn's bulk mining strategy, which hinges on extracting value from wide lode systems with efficient processing.

Outlook Tied to ASX200 Gold Sentiment

With gold maintaining robust pricing and investor interest in the precious metal sector, Saturn's positioning may resonate well with broader market trends. The Apollo Hill development story is becoming increasingly relevant within the context of the ASX200, particularly as investors watch for gold-driven momentum within Australia's top index performers.

As drilling continues and further assay rounds are expected over the coming months, Saturn Metals is steadily building a case for Apollo Hill as a key contributor to Western Australia’s gold sector, supported by scale, continuity, and metallurgical strength.

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