Sultan Intersects 1.55 Metres of 7.94 g/t Gold  

VANCOUVER, BC - Sultan Minerals Inc. reported that it has received assay results for two diamond drill holes completed in December on the Gold Mountain Zone of its Kena Property located in southeastern British Columbia.

In September 2010, Sultan drilled 5 holes into a high grade gold structure located west of the Gold Mountain Zone. The results confirmed the continuity of mineralization within this structural corridor, which is marked by a mafic dyke. In December, two step-out diamond drill holes, 10HG-06 and 07, were put in to test the northern extension of a high grade structure extending north from the central core of the Gold Mountain Zone. These holes tested for high grade gold mineralization associated with a recently identified structural trend, marked by mafic dykes. Hole 10HG-06 intersected the contact with the underlying volcanic earlier than anticipated and therefore did not hit the marker dyke or the projected high grade gold bearing structure. The hole did succeed in intersecting a 33.52 metre zone of low grade gold mineralization and bottomed in mineralization. Hole 10HG-07 successfully intersected 7.94 g/t gold over 1.55 metres in a strongly silicified structure. Computer modeling shows that the anticipated high grade structure runs through this drill section but cross-faulting in that area has shifted the mineralization approximately 30 metres to the west. Results from these two holes can be summarized as follows:   Hole 10HG-06 - 0.84 g/t gold over the bottom 33.52 metres (from 127.41     to 160.93 metres depth) including 2.0 metres of 3.80 g/t gold.   Hole 10HG-07 - 2.02 g/t gold over 6.05 metres (from 54.00 to 60.05     metres depth), and 0.90 g/t gold over 21.65 metres (from 103.70 to     125.35 metres depth) including 1.55 metres of 7.94 g/t gold. Prior diamond drilling in the central core of the Gold Mountain Zone shows broad zones of porphyry gold mineralization. Within this bulk tonnage style gold mineralization lie several high grade gold shoots within mineralized structures that are often marked by mafic or lamprophyre dykes. On the Kena property's Copper King Zone, a pattern drilling program has been recommended to test strong coincident copper-gold soil geochemistry and induced polarization chargeability anomalies. Limited drilling on this very large target has returned values of 0.24% copper equivalent over 255.10 metres with higher grade zones assaying up to 0.62% copper equivalent over 20.00 metres. The company's address is Suite 2000, 1066 West Hastings Street, Vancouver, BC V6E 3X2, 604-628-0519, fax: 604-628-0446.