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Saturn Metals Ltd. ( (AU:STN) ) has provided an announcement.
Saturn Metals Limited has mobilized additional Reverse Circulation drill rigs to its Apollo Hill Gold Project in Western Australia to accelerate resource growth and step-out drilling. This decision follows positive assay results from recent drilling, which have reinforced the potential of the higher-grade Iris Trend and demonstrated the possibility of extending the 2.24Moz Apollo Hill Mineral Resource. The new drilling program aims to convert more Inferred Resources to the Indicated category, supporting the company’s development plans and the upcoming Definitive Feasibility Study. The results are expected to positively impact Saturn’s operations and provide further insights into the project’s potential.
The most recent analyst rating on (AU:STN) stock is a Buy with a A$1.93 price target. To see the full list of analyst forecasts on Saturn Metals Ltd. stock, see the AU:STN Stock Forecast page.
More about Saturn Metals Ltd.
Saturn Metals Limited is a mining company focused on gold exploration and development. The company operates primarily in Western Australia and is listed on the Australian Securities Exchange under the ticker STN. Its main project is the Apollo Hill Gold Deposit, which it wholly owns and is located near Leonora, WA.
Average Trading Volume: 1,567,713
Technical Sentiment Signal: Buy
Current Market Cap: A$277.2M
See more insights into STN stock on TipRanks’ Stock Analysis page.