Feasibility Study - Market Update
JORC Resources Established
Sultan Corporation Limited’s (ASX: SSC) exploration program conducted during the past 12 months was highly successful in upgrading the JORC resource at John Fardy; delineating maiden JORC resources at Peelwood; and identifying strong mineralisation at the Black Springs project.
All projects remain open to further expansion and will be tested in the coming year.
Sultan Corporation is pleased to announce updated resources at its John Fardy and Peelwood prospects. Table 1 details the combined resource for these prospects.
Table 1 - Combined Resource Update for John Fardy and Peelwood
| Resource | Tonnes | Zn % | Cu % | Pb % | Ag g/t | Zinc Equiv. |
| Combined Resource | 895,000 | 3.94 | 0.8 | 0.73 | 16 | 8.0 |