Sultan Resources has built a portfolio of mineral exploration projects in Western Australia that are prospective for gold, copper, nickel and cobalt. The Company listed on the Australian Securities Exchange (ASX) on 15 August 2018 under the code SLZ and raised $4.8 million, which will be used to fund exploration across its portfolio, in particular high priority targets Thaduna and Lake Grace.
The Company acquired the East Tallering, Dalwallinu, Thaduna and Lake Grace projects from Galahad Resources. Three of these have granted tenements and Sultan expects the Lake Grace Project tenements to be granted in the second half of CY2018.