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An update from Sultan Resources Ltd. ( (AU:SLZ) ) is now available.
Sultan Resources Ltd. has conducted a review of its Lachlan Fold Belt tenements, identifying significant gold and copper geochemical soil anomalies and rock chip samples, suggesting potential for porphyry Au-Cu mineralization. The company plans to extend soil sampling and conduct additional IP lines to generate potential porphyry targets for drill testing, aiming to enhance shareholder value through strategic exploration and potential acquisitions.
More about Sultan Resources Ltd.
Sultan Resources Ltd. is a company operating in the mining industry, focusing on the exploration and development of gold and copper resources. Their primary market focus is on the Lachlan Fold Belt in New South Wales, Australia, known for its potential in porphyry Au-Cu mineralization.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.31M
See more insights into SLZ stock on TipRanks’ Stock Analysis page.