Sultan Resources (ASX:SLZ)

Sultan Resources (ASX:SLZ)

Sultan Resources (ASX:SLZ) has built a mineral exploration project portfolio in Western Australia highly prospective for gold, copper, nickel and cobalt. It listed on the Australian Securities Exchange (ASX) on 15 August 2018 under the code SLZ.

Sultan Resources raised $4.8 million at its Initial Public Offer (IPO), which will be used to explore its exciting portfolio of projects with an early focus on:

  • Drilling of the Thaduna project, directly along strike from Lodestar Minerals Ned’s Creek Gold discovery; and
  • Geophysical surveying and ground reconnaissance of the Lake Grace Nickel + Cobalt and Gold Project

Sultan Resources’ portfolio covers nearly 950km2 in emerging terrains targeted by successful mid-tier explorers including Sandfire Resources Ltd (ASX: SFR) and Gold Road Resources Ltd (ASX: GOR) and junior explorers such as Cygnus Gold Ltd (ASX: CY5), Explaurum (ASX: EXU) and Lodestar Minerals Ltd (ASX: LSR).

Board and Management

Jeremy King
Non-Executive Chairman

Jeremy King is the founding director of Mirador Corporate, a boutique advisory and listed company compliance business. He is a corporate advisor with more than 15 years’ experience in domestic and international legal, financial and corporate matters.

He worked with Allen & Overy LLP and Debevoise & Plimpton LLP in London, and has extensive corporate experience, particularly in relation to cross-border private equity, leveraged buy-out acquisitions and acting for banks, financial institutions and corporate issuers in respect of various debt and equity capital raisings.

He regularly advises ASX-listed companies on a range of corporate matters and serves on the Boards of Red Mountain Mining Ltd (ASX: RMX), DTI Group Limited (ASX: DTI), Smart Parking Limited (ASX: SPZ), Transcendence Technologies Limited (ASX: TTL), Tando Resources Limited (ASX: TNO) and EHR Resources Limited (ASX: EHX).

Steven Groves
Managing Director

Steven Groves has a Bachelor of Applied Geology (Honours) and completed a Master’s of Economic Geology from CODES-SRC at the University of Tasmania.

He is a Non-Executive Director of Six Sigma Metals Ltd (ASX: SI6) and brings 25 years of geological experience in the mining industry including exploration and management roles with BHP Billiton (ASX: BHP), Newmont Mining, Newcrest Mining (ASX: NCM) and A-Cap Resources (ASX: ACB).

David Lees
Non-Executive Director

David Lees has over 16 years’ experience in the Australian financial services industry starting his career as a stockbroker before moving into investment and funds management. These roles have given David extensive experience with capital raising, business development, portfolio management, business relationships and corporate governance.

Most recently David has worked in the private sector driving his business from product conception through to design, development, manufacturing and international retail sales. David’s education qualifications include a Bachelor of Economics and post graduate diploma in Applied Finance and Investment.

Sultan Resources (ASX:SLZ)

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