Sultan Resources: An Australia-based mineral exploration company

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The company I'm going to introduce is $Sultan Resources(SLZ.AU)$.

It went public on 14 August 2018.

[Company Profile]

Sultan Resources Limited explores for and develops mineral properties in Australia. It primarily explores for gold, copper, nickel, and cobalt deposits.

The company holds interest in the Lachlan fold belt project comprising granted exploration licenses EL8734, EL8704, and EL8735; the East Tallering project comprising one granted tenement covering 67 square kilometers located to the northeast of Geraldton, Western Australia.

It also holds interest in the Thaduna project comprising two granted tenements covering 22 square kilometers located to the northeast of Meekatharra; and the Lake Grace project comprising five tenement applications covering 690 square kilometers located to the southeast of Perth, Western Australia.

Sultan Resources Limited was incorporated in 2018 and is based in Subiaco, Australia.

[History & Events]

2018: Sultan Resources Limited was incorporated in 2018 and is based in Subiaco, Australia.

2018: Sultan Resources Ltd went initial public on the Official List of ASXby the issue of 24,000,000 shares at an issue price of $0.20 per share.

2018: Sultan Resources announced the completion of its maiden drilling at the Thaduna Gold Prospect in the Meekatharra area of Western Australia.

2019: Sultan Resources Ltd announced that the maiden Reverse Circulation (‘RC’) drilling program at the Challenger Gold Prospect in the company’s Lake Grace portfolio is completed.

2020: Sultan acquired gold & copper exploration portfolio in the highly prospective

East Lachlan Fold Belt of NSW.

2020: Sultan Resources Ltd planned for a drilling program to test the prominent gravity anomalies revealed by the detailed ground gravity survey completed at the Company’s Lake Grace Project in 2019.

2020: Sultan acquired 100% of the issued shares in Colossus Metals Pty Ltd (Colossus) in March 2020.

2022: Sultan Resources has begun diamond drilling at its Kulin Hill nickel project in Western Australia.

[Business Section]

Source: TigerTrade

[Net Income &Total Revenue]

Source: TigerTrade

Source: TigerTrade

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