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Saturn Metals Ltd. ( (AU:STN) ) has shared an update.
Saturn Metals Limited has announced significant new aircore drilling results from its Aquarius Prospect, part of the Apollo Hill Gold Project. The results reveal a parallel gold structure to the existing Aquarius gold system, highlighting a new exploration opportunity. The recent acquisition of Exploration Lease E39/2439, previously held by Sumitomo, extends the company’s access to a 26.5 km gold strike. These developments enhance Saturn’s potential to establish a second gold camp near its 2.03Moz Apollo Hill Gold Resource, underscoring the prospectivity of the Leonora gold district.
The most recent analyst rating on (AU:STN) stock is a Buy with a A$0.50 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 company operating in the mining industry, primarily focused on gold exploration and development. The company is engaged in the exploration of its Apollo Hill Gold Project located in the Leonora region of Western Australia, which is part of a 1,000 square kilometer regional land package.
Average Trading Volume: 983,015
Technical Sentiment Signal: Buy
Current Market Cap: A$113.9M
For a thorough assessment of STN stock, go to TipRanks’ Stock Analysis page.