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Sultan Resources (ASX:SLZ) begins next round of drilling at Kulin Hill

ASX News, Materials
ASX:SLZ      MCAP $1.976M
14 October 2022 17:07 (AEST)

Drill rig at the Kulin Hill project, WA. Source: Sultan Resources

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.

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