Vancouver, BC / ACCESSWIRE / May 28, 2014 / Sultan Minerals Inc. (TSX-V: SUL) ("Sultan" or the "Company") is pleased to announce that the Company's board has appointed Linda Dandy as a director of the company.
Ms. Dandy is a graduate of the University of British Columbia. She is a Professional Geoscientist and has been involved in all aspects of mineral exploration and development for over 30 years. During this time, she has worked as a consultant to major mining companies, junior resource companies and the British Columbia Ministry of Mines. The majority of her career to date has consisted of precious metal exploration in the North American Cordillera, although she has international experience through a broad spectrum of deposit types. Ms. Dandy was integral in the new discovery of the Gold Mountain Zone (gold porphyry) on Sultan's Kena Property. Another highlight includes exploration, development and mine permitting of the Yellowjacket Gold Mine in northern BC.
In other developments the Company is pleased to announce that Altair Gold Inc. has made its $200,000 payment due to Sultan Minerals Inc. under its option agreement for the Kena project. The $300,000 payment to Sultan, that was to come due on June 30, 2014, has, with Sultan's consent, been deferred to Sept. 30, 2014.
For further information on the Company's projects, visit www.sultanminerals.com.
Arthur G. Troup, P.Eng., Geological
President and CEO
For further information please contact:
Marc Lee, Investor and Corporate Communications
Tel: (604) 628-0519 Fax: (604) 628-0446
Email: [email protected] or [email protected]
This release was prepared by Sultan's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Sultan expects are forward-looking statements. Although Sultan believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Sultan, investors should review Sultan's filings that are available at www.sedar.com or Sultan's website at www.sultanminerals.com.
SOURCE: Sultan Minerals Inc.