Company Overview
Sultan Corporation Limited (SSC) is an Australian base metals explorer and emerging zinc producer. Sultan’s primary objective is to deliver long-term shareholder value by rapidly becoming a mid-tier resource company.
Sultan’s Board of Directors and management team have extensive global resource industry experience. They are well qualified and resourced to steer the company to achieve SSC’s goals and objectives.
The 100% owned Peelwood Project in New South Wales is considered to have outstanding potential to host economic mineral deposit of zinc and copper.
The Peelwood Copper-Zinc Project consists of EL2934, EL6081, EL6082, EL 6831 and EL7002. These tenements are located approximately 70kms south of the City of Bathurst in eastern New South Wales. The Peelwood zinc project has several historical zinc-lead-copper-silver mines and prospects including:
- Peelwood North Copper-Zinc deposit;
- Peelwood South Mine prospect;
- Black Springs prospect;
- Central Hill prospect;
- Single Tree Hill prospect; and
- Elsienora prospect.
On the 20th August, 2009, the Directors of Sultan Corporation Limited (ASX:SSC) were pleased to announce that the Board had given its approval to proceed with mine development of the Copper-Zinc Peelwood project.
Sultan’s Managing Director, Mr. Derek Lenartowicz stated “…because of its location, high grade, close proximity of ore to surface, friendly metallurgy, low capital outlay and quick payback, development of this project presents as an excellent opportunity for Sultan to transfer itself from explorer to miner.”
