Sultan Minerals Intersects High Grade Molybdenum Veins

VANCOUVER - Sultan Minerals Inc. reported that assays have been received for five underground diamond drill holes from the ongoing exploration program at its 100% owned Jersey-Emerald Molybdenum-Tungsten Property located near Salmo, British Columbia.  The drill results confirm previous assays and show a molybdenum stockwork comprised of multiple, high-grade, east-west and north-south trending, molybdenite-bearing quartz veins. The molybdenum-bearing stockwork has now been successfully intersected in 32 widely spaced diamond drill holes over an area measuring 3,200 feet north-south by 900 feet east-west and remains open in all directions.
The Jersey-Emerald Property is a polymetallic property hosting deposits of lead-zinc, tungsten and molybdenum.  The three deposit types are stacked one above the other near the top of Iron Mountain.  The former Jersey Mine, British Columbia's second largest lead-zinc producer forms the uppermost deposit. Deposits of tungsten mineralization that comprise the Emerald Tungsten Mine, Canada's second largest tungsten producer, occur beneath the lead-zinc deposit. Recent exploration by Sultan Minerals has discovered a potentially large porphyry molybdenum deposit beneath the tungsten workings.
The recent drill holes, JM08-01 through JM08-05, investigated the western extension of the East Dodger Molybdenum Zone where high-grade molybdenum veins were intersected in four previously reported drill holes. The results successfully confirm the previously reported intersections and with pending results from seven additional holes will help to define the orientation and dimensions of the mineralization.
The company's address is Suite 1400 - 570 Granville Street, Vancouver, BC V6C 3P1, 604.687.4622, fax: 604.687.4212.