Two new target areas of the property were investigated by drilling. Two drill holes were completed approximately 1 kilometre east of the historic Jersey-Emerald mine, where preliminary results of regional airborne surveys indicate strong magnetic and conductive rocks are present. Four drill holes were completed approximately 1.5 kilometres south of the historic mine area (near Lost Creek) to test for the extension of tungsten mineralization discovered during a surface sampling program in 2008.
Preliminary results returned from sampling of drill core indicate significant tungsten mineralization existing in zones well away from the historic Jersey-Emerald mine area. In particular, the Lost Creek drilling (LC0901 through LC0903) returned elevated tungsten values from all 3 drill holes. Hole LC0902 returned the highest value for WO3, with 0.18% over 28 ft including 0.39% over 6 feet.
| Drill Hole | Grid | Grid | Azmth/Dip | From (Feet) | To (Feet) | Width (Feet) | WO3 |
| LC09-01 | 5437111 | 484583 | 302 | 112.00 | 188.00 | 76.00 | 0.12 |
| Incl. |
|
|
| 138.00 | 148.00 | 10.00 | 0.22 |
| LC09-02 | 5437111 | 484583 | 302 | 167.00 | 195.00 | 28.00 | 0.18 |
| Incl. |
|
|
| 182.00 | 188.00 | 6.00 | 0.39 |
| LC09-03 | 5437090 | 484559 | 300 | 127.00 | 174.00 | 47.00 | 0.10 |
| Incl. |
|
|
| 137.00 | 162.00 | 25.00 | 0.16 |
| Incl. |
|
|
| 147.00 | 152.00 | 5.00 | 0.20 |
Drill site preparation is currently underway for the recently acquired Victory Tungsten deposit, approximately 3 kilometres north of the historic Jersey-Emerald mine area. This drilling will verify the presence of tungsten mineralization reported by previous operators during exploration in the 1960's and 1970's. A zone of high grade tungsten mineralization, including 84,000 tons of 0.54% WO3, was outlined by the historic drilling.
A study of the potential for lead-zinc-silver remnant mineralization within and adjacent to the historic Jersey mine has been undertaken. It is expected that a preliminary resource estimate can be obtained from information provided by the large database accumulated by Sultan that summarizes historic and recent drilling. Several zones of remnant lead-zinc mineralization were observed in preliminary viewing of the 3-Diminsional models created by Sultan. As well, drill testing completed by Sultan in 2007 intersected widespread zinc mineralization marginal to the historic workings, suggesting that important zinc mineralization may extend to the east, west and south of the former mine. The Jersey Emerald was British Columbia's second largest lead-zinc mine. Giroux Consultants Ltd. has been contracted to provide the preliminary resource estimate.
For full details see the source at www.sultanminerals.com.
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