Sultan Resources

Lachlan Fold Belt Projects

Kaalkop Copper-Gold Project

Projects

Home

RIGHTS TO RECEIVE DOCUMENTS

ASX Announcements

Why Invest

Investors

Corporate Directory

About Us

Board & Management

Corporate Governance

Corporate

Lora

Gold-copper porphyry targets in the Macquarie Arc of central New South Wales, the belt that hosts Cadia and Boda-Kaiser. 

All three licences are 100% owned by Sultan. EL8734 and EL8735 are held through Colossus Metals Pty Ltd, a wholly owned subsidiary Sultan acquired in 2020.

Exploration licences EL8734, EL8735 and EL9070 cover 165 km², including parts of the northern Late Ordovician to Early Silurian Molong and Rockley-Gulgong Volcanic Belts of the Macquarie Arc, which is broadly recognised as Australia's premier porphyry gold-copper province. The licences are prospective for gold-rich alkalic gold-copper porphyry (Cadia-style) mineralisation.

Sultan has three priority gold-copper targets at Ringaroo, Gowan Green and Razorback-Wattle Ridge, and five target areas at Tucklan are under review.

 37 units. Granted 16 Apr 2018, expires 16 Apr 2030. Targets: Ringaroo, Big Hill, Gowan Green, Razorback-Wattle Ridge.

 16 units. Granted 16 Apr 2018, expires 16 Apr 2030. Target: Tucklan.

 4 units. Granted 2 Mar 2021, expires 2 Mar 2027. Adjoins EL8735.

All licences are live and 100% owned by Sultan (EL8734 and EL8735 via wholly owned subsidiary Colossus Metals). Source: tenement schedule, Quarterly Activities Report, 31 July 2026.

Hosted in the Late Ordovician Tucklan Formation and Silurian Dungeree Volcanics along the Mudgee Fault corridor, about 50 km northeast of Boda. Drilling intersected a broad zone of silver mineralisation including 

 in TRC001. Five target areas are under review.

A porphyry gold-copper target within the Molong Volcanic Belt at the northern end of EL8735, immediately south of Impact Minerals' Apsley porphyry prospect. A 1 km by 0.4 km gold-in-soil anomaly (>3.1 ppb Au) sits on the Ringaroo magnetic high and is open to the northwest, southeast and northeast. Subject to an external geophysical review, work may include extending soil sampling and adding IP lines to define drill targets.

Multiple gold-in-soil anomalies with associated copper sit on a magnetic high in Molong Volcanic Belt rocks. IP survey lines over the anomalies are under review. Oxidised mullock samples from historic copper-gold workings returned up to 

 (ASX: SLZ 20 May 2020). Mullock samples are selective by nature and may not be representative of mineralisation.

Mapping has identified propylitic alteration, pyrite and chalcopyrite, a ~1 km long skarn breccia, and diorite and monzodiorite at surface. Magnetics and previous drilling outline an interpreted porphyry target. IP lines are being reinterpreted, and a previous review recommended expanding the soil grid to cover the geophysical anomaly.

A large (5.0 km by 2.5 km), high-amplitude magnetic complex interpreted to represent a buried Late Ordovician to Early Silurian intrusive complex. Historic workings show outcropping secondary copper minerals including malachite, azurite, chrysocolla and chalcocite. A 6 km by 1 km soil survey completed in 2020 covers Big Hill, with Gowan Green and Razorback-Wattle Ridge at either end.

To the north, Alkane Resources' Boda-Kaiser porphyry discovery hosts 323Mt at 0.26 g/t Au and 0.15% Cu (ASX: ALK 10 July 2024). To the south lies Newmont's world-class Cadia East gold-copper mine. Third-party deposits are not necessarily indicative of mineralisation on Sultan's licences.

The information on this page that relates to Exploration Targets and Exploration Results is based on historical exploration information compiled by Mr Mark Mitchell, who is a Competent Person and a Member of the Australian Institute of Geoscientists. Mr Mitchell is a Non-Executive Director of Sultan Resources Limited. Mr Mitchell has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Mitchell consents to the inclusion of the matters based on his information in the form and context in which they appear.

Information on this page is extracted from Sultan's Quarterly Activities Report released to ASX on 31 July 2026 and the announcements referenced in it. The Company confirms that it is not aware of any new information or data that materially affects the information included in those announcements.

Information relating to third-party projects has been sourced from public announcements by those companies. It is not necessarily indicative of mineralisation on Sultan's licences.

Note: References to nearby regional deposits (Boda, Cadia) are provided for geological context only; mineralisation on adjacent properties does not guarantee equivalent mineralisation on Sultan Resources’ tenements.