*7.7 to 9.6 million tonnes ranging from 2.3-2.

Sultan?s estimation of the tonnage of mineralized material at the exploration target site is:

*7.7 to 9.6 million tonnes ranging from 2.3-2.7% Zn,1.5-2.7% Pb, 0.20-0.23% Cu and 17-24 g/t Ag.

Loks the good

RESOURCE AT SULTAN?S MB PROJECT IN MONTENEGRO
The directors of Sulltan Corporation are pleased to announce that Golder Associates Pty. Ltd of
Perth, Western Australia have been engaged to establish a JORC compliant resources at its zinc lead MB Project in Montenegro.

Sultan Corporation has previously announced it has been granted a 25 year exploration and mining lease over the MB Project in Montenegro (see Figures 1 and 2 for location). The Project is approximately twenty (20) times the size of the Peelwood North Golder Associates personnel from their UK office will travel to Montenegro in the week beginning
November 22 to undertake the conversion to a digital database. This will take place at the Geoloska Istrazivanja in Podgorica, where all the historical hard copy plans are held.

There first phase involving data capture and the creation of a digital geological database is
anticipated to be completed by around December 20. The second phase involving geological
modelling and resource estimation is planned to be completed by the end of January 2011. This
will enable a drill programme to be designed to support the acceptance of the historical data and
drilling can then commence in the northern hemisphere spring, around May 2011.
Figure