|Thu Nov 15, 2001|
Sultan Minerals Discovers Six New Gold Soil Anomalies On Kena Property
|Kena Property Update|
South Extension - Regional Geochemistry
Sultan Minerals Inc. (SUL-cdnx) is pleased to announce that it has now received gold analyses from the regional soil geochemical grid run over the southern extension of its Kena Property, located north of Ymir in southeastern British Columbia. The results have successfully defined six new gold soil anomalies along the 17 kilometre long property.
The regional geochemistry grid extends south-southeast from the existing 7 kilometre long Kena Property soil grid (of which the northernmost 3.3 kilometres is termed the Gold Mountain Zone). This southern grid extension consists of 9.6 kilometres of base line giving a total soil grid length of 16.6 kilometres. This grid covers the southern extension of the favourable Silver King intrusive: the host to gold mineralization in the Gold Mountain Zone. Grid lines along this extension are 200 metres apart with sample spacing of 50 metres along the lines.
The attached map shows the location of the Gold Mountain Zone, Kena Gold Zone, South Gold Zone and the six recently defined gold soil anomalies. The new anomalies, labelled A through F, are centred from 6.1 to 15.1 kilometres south-southeast of the "discovery area" of the Gold Mountain Zone.
Historic drilling in the 1980s was done on the Kena Gold Zone and diamond drilling is currently underway by Sultan on the Gold Mountain Zone. All other gold geochemically anomalous zones outlined above remain untested.
Gold Mountain Zone
Soil sampling on the Gold Mountain Grid previously defined highly anomalous gold values in soil samples over a north-south distance of 2.1 kilometres. Recent sampling has extended this anomaly to a total length of 3.3 kilometres (see News Release dated November 8, 2001). The soil anomaly extends across the recently acquired Great Western Claim Group to the northwest and remains open to the south. The extended soil anomaly is currently being followed up with infill soil sampling and a 15.0 line kilometre induced polarization (IP) survey. The geophysical survey is expected to be completed and the results available in two weeks.
Diamond drill results suggest that gold enrichment is seen where high gold soil values coincide with high IP chargeability and high IP resistivity anomalies.
To date, 23 drill holes have been completed and 4 holes deepened in the Gold Mountain Zone, with assay results pending for the last 12 holes and 3 hole extensions. This current phase of diamond drilling will be completed by year-end and an expanded drill program is proposed for early 2002.
A.G. Troup, P.Eng.,
For further information please contact:
Investor Relations at the Lang Mining Group
Tel: (604) 687-4622 Fax: (604) 687-4212
Toll Free: 1-888-267-1400 Email: Investor@langmining.com
No regulatory authority has approved or disapproved the information contained in this news release.
You can view the Next 2001 News Releases item: Fri Nov 23, 2001, Sultan Minerals Hits Second Bonanza Grade Intersection At Gold Mountain
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