Sultan Resources Ltd. (AU:SLZ) has released an update.
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Sultan Resources Ltd. has announced the completion of two Reverse Circulation drilling holes at the Calesi prospect within the Lake Grace Project in Western Australia, alongside farm-in partner Rio Tinto Exploration. The drilling, aimed at uncovering magmatic nickel sulfide mineralization, encountered variably silicified mafic amphibolite and a felsic unit, with no magmatic nickel sulfides observed. The company awaits further lab analysis results to guide their next steps.
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