Sultan Resources’ early stratigraphic diamond drill hole results confirm a significant thickness of ultramafic target rock ideal for hosting a significant nickel deposit at its Kulin Hill in Western Australia’s eastern Wheabelt.
The ultramafic/mafic sequence in the main target areas shows an extension 256m downhole before a series of felsic and mafic gneisses intersected.
A total of 160 samples were selected and processed for geochemical analysis and sent to one of the main accredited laboratories in Perth.
The highly anticipated initial encouraging signs come following a frustrating wait for the company while waiting for the waterlogged salt lake target area to dry out, delaying access.
While waiting, the technical team designed a geophysics programme over parts of the salt lake reserve which would be the precursor to a wider drill programme testing the prospect.
“A detailed assessment of the geochemistry is currently underway, with results of this analysis expected in the coming weeks,” the Company said.
Sultan Resources Limited explores for and develops mineral properties in Australia. It primarily explores for gold, copper, nickel, and cobalt deposits. The company holds interest in the Lachlan fold belt project comprising granted exploration licenses EL8734, EL8704, and EL8735, which covering a total area of approximately 330 square kilometers located in Central New South Wales; the East Tallering project comprising one granted tenement covering 67 square kilometers located to the northeast of Geraldton, Western Australia; and the Dalwallinu project that covers an area of 167 square kilometers located to the northeast of Perth, Western Australia. It also holds interest in the Thaduna project comprising two granted tenements covering 22 square kilometers located to the northeast of Meekatharra; and the Lake Grace project comprising five tenement applications covering 690 square kilometers located to the southeast of Perth, Western Australia. Sultan Resources Limited was incorporated in 2018 and is based in Subiaco, Australia.