Strachan Corporate Report
Sultan’s Managing Director Derek Lenartowicz, has a track record of success, in both mining project development and management, while newly appointed Chief Geologist Kevin Alexander, is a capable professional who will guide exploration and project development at the Peelwood project.
Strachan Corporate believes that Sultan’s current market capitalisation allows no upside for additional discovery at the John Fardy deposit, only reflecting an interpretation of mineralisation, based on work carried out during the last half of the 20th Century. Sultan stands to be re-rated as it makes progress towards confirming a JORC compliant resource at Peelwood and begins regional exploration work on the Lachlan Fold Belt, as well as seeking out new business opportunities. Advanced understanding of VMS mineralisation and most importantly, higher base metal prices, warrant a new approach at the Peelwood mineral field, to explore extensions to known mineralisation and to test previously un-drilled anomalies in the search for new commercial mineralisation.
(Extract from report)
strachan corporate ssc (995 KB)
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