From - "ELSINORA GOLD PROSPECTS"
"Work conducted by Sultan to date has included geological mapping, stream sediment sampling and analysis of the regional geophysics, and this work strongly indicates that Elsienora has the potential for McPhillamy?s style gold and base-metal mineralization. The general geological setting includes strong structural control, strong potassic alteration and anomalous Gold (Au) and Zinc (Zn) geochemistry.
McPhillamy?s deposit is located approximately 50km to the north of Sultan?s tenements and is a Joint Venture Project between Newmont and Alkane Resources Ltd, operated by Newmont. It has a stated resource of 3 million ounces of Gold (Au) and 60,000 tonnes of Copper (Cu)."
looking forward at those gold results soon !, page-2
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