Sultan Resources Ltd (ASX: SLZ) announced the results of the ground induced polarisation (IP) survey across the Ringaroo Project (EL8735) in the Lachlan Fold Belt. The IP survey has been completed on the already identified gold and copper anomalous magnetic-high complex in NSW. A strong IP anomaly (650 meters long) has been identified in a region with already defined gold and copper anomalies. IP anomalies coincide with already identified magnetic high complex and remain open to east and west. The drilling campaign at Tucklan is ongoing and remains on track for the end of the month. The IP survey at the Big Hill and Razorback prospects is due to commence following crop harvest. Harvesting commenced in early November and Sultan plans to mobilize equipment and rigs to Tucklan by the end of the month.
* Horizon Minerals’ Infill Drilling at Rose Hill Confirms Shallow Open Pit Potential Australian explorer, Horizon Minerals Limited (ASX: HRZ) reported the completion of Reserve conversion infill drilling at the Rose Hill Gold Project in Coolgardie, lying in the Western Australian goldfields. To date, 29 reverse circulation holes were drilled for 899m to a maximum depth of 65m. Drilling at Rose Hill has returned shallow, high-grade results, which improved geological confidence within the mineralized envelope.