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Company News
Chalice Mining debuts ‘tier-one’ maiden resource for Gonneville as surrounding explorers hope for similar discovery
Western Australia’s Julimar region has seen a resurgence in exploration activity following Chalice Mining’s (ASX: CHN) initial Gonneville discovery in early 2020, with the company revealing a “tier-one” maiden resource for the deposit earlier this week. Gonneville is part of Chalice’s wider Julimar nickel-copper and platinum group element (PGE) project about 70km northeast of Perth. […]
Maiden drilling at Big Hill copper-gold target brings early results for Sultan Resources
The start of a maiden 10-hole diamond drilling program by Sultan Resources (ASX: SLZ) has confirmed the porphyry potential of the Big Hill copper-gold target in New South Wales. The first three holes for 1,135.8m targeted a prominent induced polarisation (IP) chargeability anomaly reported in April, which lies within a magnetic low and is coincident with low-level soil geochemical […]
Sultan Resources plans maiden aircore program at Lake Grace project targeting Julimar-style nickel-sulphides
Junior explorer Sultan Resources (ASX: SLZ) has commenced planning a maiden reconnaissance aircore drilling targeting Julimar-style nickel-sulphides at its Lake Grace project, 250km southeast of Perth. The 3,500m campaign will be searching for nickel-bearing ultramafic rocks at identified magnetic anomalies within Sultan’s tenement area, which stretches over 690 square kilometres. The prospectivity of the Lake […]
Sultan Resources defines ‘classic’ east Lachlan porphyry copper-gold anomaly at Big Hill
Sultan Resources (ASX: SLZ) has identified a “classic” east Lachlan porphyry copper-gold drill target following an induced polarisation survey of its Big Hill prospect in New South Wales. The company has interpreted the results of the IP survey, which has revealed a large-scale chargeability anomaly that is 1km long and 650m wide. It also extends […]
Maiden assays confirm discovery of silver mineralisation at Tucklan project for Sultan Resources
Assay results from maiden drilling at the Tucklan project in the Lachlan Fold Belt region of New South Wales have unveiled broad zones of silver mineralisation for Sultan Resources (ASX: SLZ). Drilling at the large-scale gold and gold-copper porphyry target commenced in December to test induced polarisation (IP) anomalies beneath strong gold, silver and copper surface geochemistry. The […]
Sultan Resources confirms drilling at Tucklan gold project shows similarities to McPhillamy’s mineralisation
A maiden drilling campaign at Sultan Resources’ (ASX: SLZ) Tucklan gold project in the Lachland Fold Belt region of New South Wales has intersected zones of veining and sulphide mineralisation believed to be similar in style to the nearby 70 million tonne McPhillamy’s deposit. Six holes for a total 1,554.3m drilled in December encountered hydrothermally-altered […]
Sultan Resources progresses drilling and IP survey across primary NSW Lachlan Fold Belt copper-gold targets
Sultan Resources (ASX: SLZ) is progressing exploration across its gold and copper assets in New South Wales’ Lachlan Fold Belt. The company’s induced polarisation survey contractor Fender Geophysics has mobilised its crew to continue with the IP program at Sultan’s Big Hill and Gowans Green targets, which are part of the wider Big Hill project. […]
Sultan Resources says geological results indicate Lake Grace similar to Julimar
Sultan Resources (ASX: SLZ) says outcropping ultramafic rocks have been identified at its Lake Grace ground in Western Australia, adding weight to its belief that this project forms part of an interpreted mobile zone that also hosts the landmark Julimar nickel-cobalt-platinum group (PGE) discovery made earlier this year. A number of rock samples have been […]
Sultan Resources reports more copper-gold indicators at Lachlan Fold Belt ground
Junior explorer Sultan Resources (ASX: SLZ) says it has encouraging results from its Ringaroo prospect on the Lachlan Fold Belt in NSW. A “very strong”, 650m-long induced polarisation (IP) anomaly within its 108 square kilometre Star Plateau project is of the type normally associated with previously defined gold and gold soil anomalies. The IP survey […]
Sultan Resources signs drilling contractor for Tucklan, work to start mid-November
Junior explorer Sultan Resources (ASX: SLZ) has now secured a rig to drill what it describes as its “outstanding” Tucklan epithermal gold target located on the Lachlan Fold Belt, which runs from central NSW to eastern Victoria. The company is planning 12 reverse circulation holes with possible diamond tails. The rig will be in action […]
