EXCELLENT GOLD INTERCEPTS AT APOLLO HILL

Latest assays highlight continuity and growth potential at 2.03Moz deposit

Saturn Metals Limited (ASX:STN) has reported a strong set of assay results from its ongoing Resource development drilling at the Apollo Hill Heap Leach Gold Project near Leonora in Western Australia.

The company has delivered multiple thick and high-grade intersections, enhancing confidence in the 2.03Moz Mineral Resource and reinforcing Apollo Hill’s potential for low-cost, large-scale mining and heap leach processing.

Standout intercepts from the latest drilling campaign include:

6m @ 13.53g/t Au from surface (AHRC1222)
7m @ 12.38g/t Au from 187m within 14m @ 6.38g/t Au from 184m (AHRC1174)
16m @ 6.35g/t Au from 56m within 27m @ 4.05g/t Au from 53m (AHRC1220)
5m @ 4.10g/t Au from 225m within 14m @ 1.68g/t Au from 218m (AHRC1192)
8m @ 3.70g/t Au from 266m within 61m @ 0.81g/t Au from 233m (AHRC1197)

These results form part of a broader 266-hole / 50,700-metre program, with 57 holes still pending assay. The new results will feed into a second Mineral Resource update scheduled for delivery in the second half of 2025, as well as Saturn’s Pre-Feasibility Study and maiden Ore Reserve.

Saturn’s Managing Director Ian Bamborough said:

The high-grade and thick results returned in this latest batch of assays continues to reinforce the significant endowment of the Apollo Hill gold system, including exciting extensional results that pave the way for future Resource growth at relatively shallow depths.

With Saturn’s recent Resource upgrade surpassing the 2Moz mark, and with a backdrop of continuing high gold prices, drilling is ongoing.

These new results will feed into a second consecutive Mineral Resource update for Apollo Hill this year, targeted for delivery early in the second half of 2025, which will in turn underpin our Pre-Feasibility and maiden Ore Reserve Study which are also scheduled for completion later this year.

We look forward to reporting additional rounds of assays on a regular basis over the coming months.