Drill rig at the Kulin Hill project, WA. Source: Sultan Resources
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • After receiving positive aircore drill results earlier this year, Sultan Resources (SLZ) has begun diamond drilling at its Kulin Hill nickel project in Western Australia
  • A single drill hole will seek to provide a better understanding of the layered ultramafic stratigraphy and to test for sulphide minerals
  • The drill hole will target a depth of more than 500 metres, making it the deepest hole to be drilled at Kulin Hill
  • Sultan is in negotiations to access the full length and breadth of the body, some of which extends beneath a salt lake
  • Sultan shares were up 5 per cent to close at 10.5 cents

After receiving positive aircore drill results earlier this year, Sultan Resources (SLZ) has begun diamond drilling at its Kulin Hill nickel project in Western Australia.

Previous work confirmed over two kilometres of strike of a thick mafic-ultramafic sequence containing historically reported nickel-bearing sulphides at Kulin Hill which elevated the prospect to be Sultan’s priority exploration target.

Now, a single drill hole will seek to provide a better understanding of the layered ultramafic stratigraphy and to test for sulphide minerals.

The drill hole will target a depth of more than 500 metres, making it the deepest hole to be drilled at Kulin Hill.

It is collared in the vicinity of the previously drilled aircore holes and is directed towards the southeast to target a strong magnetic body identified by 3D inversion modelling.

Sultan is in negotiations to access the full length and breadth of the body, some of which extends beneath a salt lake.

A work program consisting initially of electromagnetic techniques such as fixed loop electromagnetics or magnetotellurics will be undertaken to detect any areas of strong conductance that might mark the location of sulphide accumulation.

Any conductors identified will be ranked and the priority targets drilled with either reverse circulation and/or diamond methods.

Sultan shares were up 5 per cent to close at 10.5 cents.

SLZ by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX holds green gains and signs off in the sunshine

The ASX200 closed .6 of a per cent up with every sector finishing in the green…
The Market Online Video

Infini Resources gearing up for UAV geophys survey over Portland Creek

Infini Resources has announced its execution of an application for UAV-based geophysical surveys over its Portland…

Week 18 Wrap: Fed prompts joy and pain; modern monetary theory gains traction & Brent takes a breather

The big stories that mattered in Week 18 of 2024 – plus a selection of headlines…