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Sultan Resources Ltd. ( (AU:SLZ) ) has provided an update.
Sultan Resources Ltd has identified new gold and copper targets within its Lachlan Fold Belt tenements, highlighting the Ringaroo, Gowans Green, and Razorback-Wattle Ridge areas as priority exploration sites. These targets exhibit significant geochemical soil anomalies and geophysical evidence, suggesting potential for substantial porphyry Au-Cu mineralization. The company’s strategic focus on these targets under new management aims to capitalize on the untapped potential within this premier mineral province, potentially enhancing its industry positioning and offering promising implications for stakeholders.
More about Sultan Resources Ltd.
Sultan Resources Ltd is a company engaged in the exploration and development of mineral resources, focusing primarily on gold and copper. The company operates in the Lachlan Fold Belt, a region recognized for its significant porphyry Au-Cu mineralization potential.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.39M
For a thorough assessment of SLZ stock, go to TipRanks’ Stock Analysis page.