- Sultan Resources (SLZ) has completed the first phase of a maiden drilling program at its Tucklan Gold Project in New South Wales
- Six holes drilled, three of which didn’t reach their target depth
- However, one drill hole intersected an anomaly that hosts veining and sulphide mineralisation
- Encouragingly, the hole displays similar characteristics to the gold mineralisation style at Regis Resources McPhillamy’s Gold Project
- If a McPhillamy’s-style gold system discovered at Tucklan, this could transformational for Sultan
- Company shares are up 15.8 per cent and trading at 22 cents
