|Mon Aug 11, 2003|
Sultan Minerals Identifies Structural Controls To Gold Mineralization On Kena Gold Project
|Sultan Minerals Inc. (SUL-TSX Venture) is pleased to report that it has now completed the initial trenching phase of its summer exploration program on the Kena Gold Property, located north of Ymir in south-eastern British Columbia. Twenty trenches were excavated around four diamond drill holes where high-grade gold intersections were obtained along the recently identified high-grade corridor.|
In conjunction with the trenching program, consulting geologist Dr. Trygve Hoy was commissioned to undertake a detailed mapping program along the high-grade corridor. Dr. Hoy's study involved identifying and mapping structures found in trenches, drill core and surface outcrops in order to better understand the regional and local controls to gold mineralization and to suggest areas for continued exploration. The study is now complete and Dr. Hoy's preliminary report states that four structural events have been recognized on the Kena Property. These may be described as Phase 1, Phase 2, Phase 3 and Phase 4 structures.
Dr. Hoy concludes that on a regional scale, gold appears to be mainly controlled by proximity to the Elise volcanic -- Silver King intrusive contact and a regional magnetic low that appears to reflect a north-northwest trending structural zone marked by Phase 2 shears. This zone crosses the northern part of the Silver King intrusive, trends through the Gold Mountain Discovery Area and extends southward along the margin of the Silver King intrusive to the South Gold Zone. Also on a regional scale this magnetic low feature coincides with areas that are cut by late, northeast trending, Phase 3 fractures or fault zones. The study found that the Phase 2, Phase 3 and late north-northwest trending Phase 4 structures are important in locally upgrading gold zones.
The encouraging results from this structural mapping program, combined with the information obtained from the recently completed surface trenching program will assist in determining high grade gold target areas to be tested by follow up diamond drilling scheduled for mid September. The trenches have all been completely chip sampled and assay results are expected in approximately 2 weeks.
The high-grade corridor was defined by an airborne magnetic survey and diamond drilling program completed late in 2002. Peter E. Walcott and Associates (geophysical contractor) has recently been contracted to undertake a 12 line-kilometre ground magnetic survey over the northern portion of the Kena Property. The ground magnetic survey will attempt to trace the high-grade gold corridor north to the vicinity of the recently acquired Athabasca gold mine (See News Release of March 4, 2003).
A.G. Troup, P.Eng., President
For further information please contact:
Investor Relations at the Lang Mining Group
Tel: (604) 687-4622 Fax: (604) 687-4212
Toll Free: 1-888-267-1400 Email: Investor@langmining.com
No regulatory authority has approved or disapproved the information contained in this news release.
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