Sultan Minerals Inc. Reports Third Quarter Exploration Results

Sultan Minerals Inc. (TSXV:SUL) reports financial results for its fiscal 2010 third quarter ended September 30, 2010.

The press release is quoted as saying:

The Kena Gold-Copper property encompasses two areas of porphyry-style gold mineralization – the Gold Mountain and Kena Gold Zones situated within an 8.0-km long gold geochemical anomaly. Sultan tested the two zones with 12,000 metres of diamond drilling in 80 drill holes in 2001-2003 and a preliminary NI 43-101 resource estimate was prepared by Giroux Consultants Ltd. in June 2004. The report shows a measured and indicated resource of 11,820,000 tonnes containing 381,000 ounces of gold at an average grade of 1.0 g/T using a 0.5 g/T cut-off grade for gold. There is an additional inferred resource of 12,150,000 tonnes containing 389,000 ounces of gold at the same grade (June 7, 2004, News Release) and the mineralization remains open along strike to the north and south indicating potential to expand the resource with additional diamond drilling.

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