Kena Copper King Zone
posted on
Sep 08, 2010 11:21AM
Sultan's business strategy acquires quality, under explored, precious metal properties with undiscovered potential in established mining camps. The company then advances the projects until they can be joint ventured or sold with a retained NSR royalty.
Wednesday, September 08, 2010
TSX Venture Exchange Symbol: SUL
SEC 12g3-2(b): 82-4741
Frankfurt Stock Exchange: RZN
Sultan Minerals' Kena Copper King Zone
New Assays Include 0.22% Copper Over 117 Metres
Sultan Minerals Inc. (SUL-TSX-Venture) ("Sultan") is pleased to announce assays for 442 drill core samples collected from un-sampled portions of historic drill holes on its Kena Property, located in southeastern British Columbia. The assays show broad widths of copper and gold mineralization in three wide-spaced drill holes confirming potential for a significant bulk tonnage copper-gold zone.
These drill core samples were collected from un-sampled portions of drill holes put in by previous property operators between 1981 and 1991. This historic drill core had been stacked and properly labeled allowing for easy identification of previously un-sampled core intervals. Several historic drill holes in key target areas had only been partially sampled in the mineralized zones. Sultan has now sampled and assayed many of these un-sampled intervals thereby expanding these zones. In mid-September, Sultan will commence a diamond drilling program in areas adjacent to the historic drill holes in order to confirm and expand the copper and gold mineralization identified by the recent core sampling program.
The table below gives the significant copper and gold intersections obtained from the historic drilling in the Kena Copper King Zone. Prior drilling of this zone was confined to a few wide-spaced drill holes in various parts of the copper soil geochemical anomaly. KK81-4 and K90-4 are located 1262 metres apart along a recently identified northwest trending IP geophysical chargeability anomaly. The last 5.36 metres of hole TK87-42 assayed 0.28% copper and 0.147 g/t gold, indicating that the mineralized zone remains open to depth.
HOLE |
LOCATION |
FROM |
TO |
WIDTH |
COPPER |
GOLD |
KK81-4 |
101+60N, 0+10W |
0.00 |
117.00 |
117.00 |
0.22 |
0.137 |
including |
0.00 |
33.00 |
33.00 |
0.33 |
0.204 |
|
TK87-42 |
101+15N, 1+25W |
80.17 |
168.86 |
88.69 |
0.21 |
0.128 |
including |
91.09 |
100.50 |
9.41 |
0.29 |
0.166 |
|
and |
128.50 |
133.58 |
5.09 |
0.37 |
0.226 |
|
and |
163.50 |
168.86 |
5.36 |
0.28 |
0.147 |
|
K90-4 |
88+98N, 3+10W |
3.35 |
391.95 |
388.60 |
0.12 |
0.111 |
including |
30.00 |
40.50 |
10.50 |
0.10 |
0.624 |
|
and |
138.50 |
196.50 |
57.00 |
0.27 |
0.164 |
|
including |
168.00 |
181.50 |
13.50 |
0.45 |
0.275 |
|
and |
238.50 |
250.50 |
12.00 |
0.35 |
0.184 |
|
and |
310.50 |
316.50 |
15.00 |
0.22 |
0.129 |
In July, Sultan completed an IP geophysical survey over the Property's Kena Copper King and Kena Gold Zones. The survey defined a strong, continuous six-kilometre long chargeability geophysical anomaly trending south from the Gold Mountain and Kena Gold Zones to the south end of the Kena Copper King Zone soil geochemical anomaly (see News Release dated July 20, 2010). The chargeability anomaly extends for over three kilometres south from the Kena Gold Zone through the largely untested Kena Copper King Zone and appears to be part of the same geophysical feature that hosts the gold mineralization indicating that both zones are likely hosted by the same lithology and structure. The Kena Copper King Zone's geochemical signature indicates significant copper-gold porphyry potential.
In 2008, Sultan excavated 8 wide-spaced trenches, which tested a 1.9-kilometre strike length of the 2.5-kilometre long Kena Copper King Zone soil geochemical anomaly. Elevated copper values were obtained in three of the trenches, with trench KCT-01 returning the highest overall average of 0.26% copper over its 56-metre trench length (see Table below -- from News Release dated November 3, 2008).
TRENCH |
LOCATION |
FROM |
TO |
WIDTH |
COPPER |
GOLD |
KCT-01* |
L101+00N, 0+25W |
0 |
56 |
56 |
0.26 |
0.137 |
including |
12 |
14 |
2 |
0.67 |
0.302 |
|
including |
28 |
32 |
4 |
0.74 |
0.165 |
|
KCT-04* |
92+75N, 0+90W |
0 |
48 |
48 |
0.10 |
0.102 |
including |
18 |
28 |
10 |
0.27 |
0.226 |
|
KCT-06* |
L82+00N, 4+75W |
20 |
40 |
20 |
0.11 |
0.131 |
* previously reported
In late 2007, rock chip sampling from a short adit near trench KCT-04 returned 0.51% copper across a 26-metre wide zone, with the best 2-metre chip sample assaying 1.65% copper and 0.530 g/t gold (refer to News Release dated January 29, 2008).
Currently, new 3D modeling of the geophysical anomalies, merged with geochemical zonations and diamond drill hole traces, is being completed. This information will assist in specific target definition for a diamond drilling program of up to 1500 metres, which will commence in about one week.
Linda Dandy, P.Geo., is the project supervisor and "Qualified Person" for the purpose of National Instrument 43-101, who has reviewed and verified the contents of this news release.
For further information on Sultan's projects, visit www.sultanminerals.com.
Arthur G. Troup, P.Eng., Geological
President and CEO
For further information please contact:
Marc Lee, Investor and Corporate Communications
Tel: (604) 687-4622 Fax: (604) 687-4212 Toll Free: 1-888-267-1400
Email: mlee@sultanminerals.com or info@sultanminerals.com
You can also view this News Release on our website at:
http://www.sultanminerals.com/s/News-2009.asp?ReportID=417466