| | Publié le 06 juin 2007 | Intersects Spectacular Zone of Molybdenum At Jersey-Emerald Property |
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Sultan Minerals Intersects Spectacular 548 Foot Zone
of 0.10% Molybdenum at the Jersey-Emerald
Property, B.C.
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Vancouver, B.C. June 6, 2007 Sultan
Minerals Inc. (SUL-TSX V) ("Sultan") is pleased to
provide assays for the first six underground diamond drill holes, completed
during the current 14,000 foot (4,200 metre) drill program on its 100% owned
Jersey-Emerald Molybdenum-Tungsten Property located near Salmo, BC. Drill-Hole JM07-04, was the highlight of
the six holes. This remarkable hole
assayed 0.10% molybdenum (MoS2) over a core length of 548.0 feet and averaged
0.04% MoS2 over its entire 1,529
foot length. The hole contained
several higher grade sections including 0.28% MoS2 over 79.9 feet, 0.23% MoS2 over 43.0 feet and 1.81%
MoS2 over 9.9 feet.
The
six widespread holes were drilled in the East Dodger molybdenum Zone, and were
designed to investigate the lateral limits of the molybdenum mineralization. The holes were low angle (horizontal)
holes drilled in a fan formation from a single underground drill station
located 900 feet south of the Dodger Molybdenum Discovery Zone (see news
releases of October 3, 2005, October
13, 2005 and February 22, 2006). The widely spaced holes tested for
molybdenum mineralization to the north, west and south of the drill
station. Significant molybdenum
mineralization was encountered in four of the six holes.
Mr.
Arthur G. Troup, President and CEO said Sultan is extremely pleased with the
results of the six diamond drill holes received to date. Due to the success of the present program,
the Company is in discussion with the drill contractor for an additional
20,000 feet of surface diamond drilling on the Dodger
and East Emerald zones.
The
East Dodger molybdenum zone has now been tested with 27 drill holes and
mineralization has been intersected in 25 of these holes. Molybdenum mineralization occurs over an
area measuring 3,400 feet north-south by 900 feet east-west. The zone remains open to the east, west
and at depth. The high-grade mineralization
encountered in Drill-Hole JM07-04 is located 500 feet west of the high-grade
intersections reported previously for the Dodger Molybdenum Discovery
Zone. These intersections appear to
be associated with a high-grade, east-west trending corridor that remains
open to the east and west.
Drilling has now been completed in
19 holes out of a planned program of 50 holes for 2007. Holes JM07-07 through JM07-15 and hole
JM07-19 investigated
the lateral limits of the Dodger tungsten
mineralization. Holes JM07-16 through
JM07-18 are follow-up holes to the high-grade molybdenum intersection in hole
JM07-04. Visible mineralization has
been reported in many of these holes including holes JM07-16 through JM07-18. All drill core is presently being logged
and split and assay results are expected in July.
Significant intersections from the six drill holes
are given in the following table:
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DRILL-HOLE
#
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FROM
(feet)
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TO
(feet)
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WIDTH
(feet)
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MOS2
(%)
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JM07-01
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348.40
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364.00
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15.60
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0.05
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Including
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350.00
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352.00
|
2.00
|
0.17
|
|
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and
|
870.00
|
939.00
|
69.00
|
0.04
|
|
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Including
|
932.00
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939.00
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7.00
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0.35
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|
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and
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1,430.00
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1,432.00
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2.00
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0.32
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|
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JM07-02
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Abandoned |
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JM07-03
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424.30
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429.00
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4.70
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0.20
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and
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444.00
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641.50
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197.50
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0.04
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|
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Including
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496.60
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500.50
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3.90
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0.43
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|
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and
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561.50
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583.00
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21.50
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0.07
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and
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605.10
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609.00
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3.90
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0.19
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and
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876.40
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880.20
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3.80
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0.20
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JM07-04
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0.00
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1,529.00
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1,529.00
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0.04
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Including
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739.00
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1,368.00
|
629.00
|
0.09
|
|
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Including
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789.00
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1,338.00
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548.00
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0.10
|
|
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Including
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789.10
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869.00
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79.90
|
0.28
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|
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Including
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789.10
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799.00
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9.90
|
1.81
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|
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and
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1,155.00
|
1,198.00
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43.00
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0.23
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|
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Including
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1,190.00
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1,198.00
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8.00
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0.60
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|
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JM07-05
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Un-mineralized |
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JM07-06
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926.00
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956.00
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30.00
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0.13
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Including
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926.00
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936.00
|
10.00
|
0.25
|
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Note 1: All dimensions and core lengths are recorded in feet in order
that results are compatible with the historic mine grid and the existing
5,600 drill hole database.
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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 from 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.
The TSX Venture Exchange
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.
This news
release includes certain statements that may be deemed "forward-looking
statements. All statements in this
release, other than statements of historical facts, that address future production,
reserve potential, exploration drilling, exploitation activities and events
or developments that the Company expects are forward-looking statements.
Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results or
developments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ materially from
those in forward-looking statements include market prices, exploitation and
exploration successes, and continued availability of capital and financing,
and general economic, market or business conditions. Investors are cautioned
that any such statements are not guarantees of future performance and those
actual results or developments may differ materially from those projected in
the forward-looking statements. For more information on the Company,
investors should review the Company's filings that are available at www.sedar.com or the Companys website at www.sultanminerals.com.
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SUL : TSX
Venture RZN :
Frankfurt SEC
12g3-2(b): 82-4741
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Données et statistiques pour les pays mentionnés : Jersey | Tous Cours de l'or et de l'argent pour les pays mentionnés : Jersey | Tous
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Sultan Minerals Inc
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EXPLORATEUR |
CODE : SUL.V |
ISIN : CA86556L1004 |
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| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Sultan Min. est une société d’exploration minière de zinc et de plomb basée au Canada. Sultan Min. détient divers projets d'exploration en USA et au Canada. Ses principaux projets en exploration sont KENA et JERSEY-EMERALD au Canada et GARNET en USA. Sultan Min. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 673 860 CA$ (520 287 US$, 468 206 €). La valeur de son action a atteint son plus haut niveau récent le 31 mai 1996 à 3,65 CA$, et son plus bas niveau récent le 15 juillet 2016 à 0,01 CA$. Sultan Min. possède 134 771 918 actions en circulation. |
Rapports annuels de Sultan Minerals Inc |
Financements de Sultan Minerals Inc |
Nominations de Sultan Minerals Inc |
Projets de Sultan Minerals Inc |
11/11/2013 | Announces Disposition of the Jersey Emerald Property, B.C. |
05/11/2013 | Commences Sampling Program on the Daylight Gold Property, B.... |
30/04/2013 | 2013 Exploration Update |
10/09/2012 | (Kena)Reports Successful Drill Expansion of Gold Mineralization at... |
19/07/2012 | (Kena)Announces Commencement of Drill Program at the Kena Gold-Cop... |
13/09/2011 | (Kena)Applies for Drill Permit for Kena Gold Property, BC. |
05/07/2011 | $6,500,000 Drill Program Recommended for Sultan Minerals Cop... |
25/01/2011 | (Kena)Intersects 1.55 Metres of 7.94g/t Gold at its Kena Property,... |
19/10/2010 | (Kena)Confirms High Grade Gold Corridor at Kena Property, BC |
05/05/2010 | (Garnet)to Drill Zinc Targets at the HB & Garnet Zinc Mines, Jersey-... |
01/03/2010 | (Jersey-emerald)Reports Substantial Ni 43-101 Lead-Zinc Resource Estimate |
15/01/2010 | (Garnet)Discovers Potential for large Extensions to the HB & Garnet ... |
01/10/2009 | (Garnet)Acquires Garnet Lead-Zinc Mine |
28/09/2009 | Intersects 0.76% Tungsten (WO3) on its Jersey Emerald Proper... |
20/08/2009 | (Jersey-emerald)Intercepts 28 Feet of 0.18% WO3 and Resumes Drilling on Its ... |
23/06/2009 | (Jersey-emerald)Resumes Drilling on Its Tungsten-Molybdenum Property |
21/05/2009 | (Kena)Commences Exploration At Its Kena Gold Property, BC |
17/02/2009 | (Jersey-emerald)Identifies Potential New Tungsten And Zinc Deposits At Jerse... |
21/01/2009 | (Jersey-emerald)Tungsten Resource |
16/12/2008 | (Jersey-emerald)Receives Environmental Baseline Report for the Jersey-Emeral... |
18/11/2008 | (Jersey-emerald)Expands East Emerald Tungsten Zone at Jersey-Emerald Propert... |
03/11/2008 | (Kena)Trenches 0.26% Copper Over 56 Metres On Its Kena Property, B... |
26/08/2008 | (Kena)Trench Porphyry Copper-Gold Zone On Its Kena Property, BC |
18/08/2008 | (Jersey-emerald)Drills Impressive 85 Foot Zone of 0.16% MoS at its Jersey-Em... |
22/07/2008 | (Jersey-emerald)Expanding Tungsten and Molybdenum Resource at Its Jersey-Eme... |
23/06/2008 | (Jersey-emerald)Intersects High Grade Molybdenum Veins at its Jersey-Emerald... |
02/06/2008 | Intersects 28.50 Feet of 3.98% Lead and 0.71% Zinc at its Se... |
07/05/2008 | (Kena)Metallics Gold Assay Increase Grade On Sultan Minerals' Kena... |
27/03/2008 | (Jersey-emerald)Expands Tungsten and Zinc Mineralization at its Jersey-Emera... |
13/03/2008 | (Jersey-emerald)Intersects Lead-Zinc and Gold at its Jersey-Emerald Mol... |
27/02/2008 | (Kena)Drills 430.0 Metres (1,428 Ft) Of Gold Mineralization On Its... |
11/02/2008 | (Jersey-emerald)Intersects Stratiform Lead-Zinc-Silver at its Jersey-Emerald... |
29/01/2008 | (Kena)Confirms Copper Zone At Kena Gold Property, BC |
07/11/2007 | Commences 800 Metre Drill Hole to Expand Kena Gold Resource ... |
29/10/2007 | (Jersey-emerald)Project Update, Jersey-Emerald Property, British Columbia, C... |
24/09/2007 | Discovers High-Grade Extension to its Jersey-Emerald Lead-Zi... |
08/08/2007 | (Jersey-emerald) Acquires Additional Surface Rights at Jersey-Emerald Tungst... |
18/07/2007 | (Jersey-emerald)Confirms High-Grade Moly & Discovers New Lead & Zinc Zone At... |
06/06/2007 | (Jersey-emerald)Intersects Spectacular Zone of Molybdenum At Jersey-Emerald ... |
23/05/2007 | (Jersey-emerald)NI 43-101 Scoping Study For Tungsten Operation |
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Communiqués de Presse de Sultan Minerals Inc |
Publication de commentaires terminée |
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