Vancouver, B.C. May 17, 2007 Sultan Minerals Inc. (Sultan) is pleased to
announce that it has contracted Talon Survey Solutions of Calgary, Alberta to
undertake an underground Cavity Measuring Survey of its 100% owned Jersey
Lead-Zinc Mine on the Jersey-Emerald Property in
the Kootenay District of British Columbia. The
survey will accurately outline the previously mined ore deposits in order
that the remaining lead-zinc mineralization may be determined. The survey is expected to be completed by
the end of the summer.
Sultan
is presently completing a 14,000-foot (4,200 metre) diamond drill program on
the Dodger tungsten and molybdenum zone with initial assays anticipated in
mid-June. In addition, Wardrop
Engineering Inc. (Wardrop) is currently finalizing a Scoping Study for
Sultan on the tungsten resource as reported in the November 2006, NI 43-101
preliminary resource estimate. The study will provide a conceptual mine
design, determine the potential for underground mining and deliver process
design criteria. Wardrop have advised
Sultan that the scoping study will be available in June 2007.
Mr. Ed Lawrence, P.Eng., former Manager of the
Jersey and Emerald Mines, is managing the ongoing exploration programs. Mr. Perry Grunenberg, P.Geo., of PBG
Geoscience of Kamloops, B.C., is Sultan's project supervisor and
"Qualified Person" for the purpose of NI 43-101, "Standards of
Disclosure for Mineral Projects."
For further information on
the Company's projects, visit www.sultanminerals.com.
Arthur G. Troup, P.Eng., Geological
President
and CEO
For further information, please contact:
Marc Lee, Investor &
Corporate Communications
Tel: (604) 687-4622 Fax: (604) 687-4212
Toll Free: 1-888-267-1400
Email: mlee@sultanminerals.com or info@sultanminerals.com
or
Linda Armstrong, Vice
President
CHF Investor Relations
Phone: (416) 868-1079, Ext. 229
Email: Linda@chfir.com
Should you wish to receive Company news via email, please email catarina@chfir.com and specify Sultan
Minerals News in the subject line or contact the Company directly.
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has not reviewed and does not accept responsibility for the adequacy or
accuracy of the contents of this News Release. This release has been prepared by management and no regulatory
authority has approved or disapproved the information contained herein.
Cautionary Language and Forward Looking Statements
This press release may contain forward-looking statements, which are
subject to various risks and uncertainties that could cause actual results
and future events to differ materially from those expressed or implied by
such statements. Investors are
cautioned that such statements are not guarantees of future performance and
results. Risks and uncertainties
about the Companys business are more fully discussed in the Companys
disclosure documents filed from time to time with the Canadian securities
authorities.
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