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Sultan Minerals Provides Year-end Exploration Update
(via Thenewswire.ca) Sultan Minerals Inc. (SUL - TSX Venture) ("Sultan" or the "Company") ...
About this update from Apex Resources Inc.
[{"type":"text","content":"Sultan Minerals Provides Year-end Exploration Update(via Thenewswire.ca)\n\n \nSultan Minerals Inc. (SUL - TSX Venture) (\"Sultan\" or the \"Company\") is pleased to provide a year-end update of activities for the Company's Daylight, Kena Gold and Jersey-Emerald projects. The highlight for 2013 was Sultan's 100% owned Daylight Gold Property where the Company obtained 25.6 g/t gold, 175.2 g/t silver and 0.34% copper across a 1.9 metre wide vein.\n\n \n \nDaylight Gold Property:\n\n \n \nDuring 2013 Sultan focused its exploration activities on it Daylight Gold Property located 10 km south of the town of Nelson in southeastern, British Columbia. The Daylight property overlies several historic, high-grade, gold mines that operated in the late 1890's and early 1900's. The historic mines have been owned by several individuals for many years and little exploration has been done since the Daylight mine closed in 1949. \n\n \n \nA complete review of historic information on the Daylight property was recently completed by the company's consulting geologist, Perry Grunenberg. The study included an assessment of historical exploration, mining and sampling activities and recent geochemical, geophysical and sampling programs completed by Sultan. The project review has successfully identified four gold bearing targets that require exploration. These are the Starlight Shear Zone, the North Star Shear Zone, the Great Eastern Porphyry Gold Zone, and the Silver King Gold Corridor.\n\n \n \nThe Starlight Shear Zone is host to the Starlight, Victoria and Daylight gold mines. This mineralized shear strikes 125 o and dips 65 o SW. The zone is up to 50 metres wide and has been traced by an IP geophysical survey for 3.0 km along strike. The shear zone centres on a series of gold bearing, en echelon, quartz veins often surrounded by a low grade network of smaller veins on both sides of the principal quartz vein. Associated sulfides consist of pyrite and locally chalcopyrite. In November a prospecting and rock chip sampling program was completed on the Starlight Shear Zone. The highlights of the program were: 1) the Starlight Gold Vein which assayed 10.3 g/t gold and 68.15 g/t silver over a 60.0 metre vein length with an average vein width of 1.6 metres and 2) the Victoria Gold Vein which assayed 28.1 g/t gold across a vein width of 0.85 metres. The best c...