Sultan Minerals Inc.
TSX VENTURE : SUL
FRANKFURT : RZN

Sultan Minerals Inc.

June 06, 2007 09:30 ET

Sultan Minerals Intersects Spectacular 548 Foot Zone of 0.10% Molybdenum at the Jersey-Emerald Property, B.C.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 6, 2007) - Sultan Minerals Inc. (TSX VENTURE:SUL)(FRANKFURT:RZN) ("Sultan") is pleased to provide assays for the first six underground diamond drill holes, completed during the current 14,000 foot (4,200 metre) drill program on its 100% owned Jersey-Emerald Molybdenum-Tungsten Property located near Salmo, BC. Drill-Hole JM07-04, was the highlight of the six holes. This remarkable hole assayed 0.10% molybdenum (MoS2) over a core length of 548.0 feet and averaged 0.04% MoS2 over its entire 1,529 foot length. The hole contained several higher grade sections including 0.28% MoS2 over 79.9 feet, 0.23% MoS2 over 43.0 feet and 1.81% MoS2 over 9.9 feet.

The six widespread holes were drilled in the East Dodger molybdenum Zone, and were designed to investigate the lateral limits of the molybdenum mineralization. The holes were low angle (horizontal) holes drilled in a fan formation from a single underground drill station located 900 feet south of the Dodger Molybdenum Discovery Zone (see news releases of October 3, 2005, October 13, 2005 and February 22, 2006). The widely spaced holes tested for molybdenum mineralization to the north, west and south of the drill station. Significant molybdenum mineralization was encountered in four of the six holes.

Mr. Arthur G. Troup, President and CEO, said, "Sultan is extremely pleased with the results of the six diamond drill holes received to date. Due to the success of the present program, the Company is in discussion with the drill contractor for an additional 20,000 feet of surface diamond drilling on the Dodger and East Emerald zones."

The East Dodger molybdenum zone has now been tested with 27 drill holes and mineralization has been intersected in 25 of these holes. Molybdenum mineralization occurs over an area measuring 3,400 feet north-south by 900 feet east-west. The zone remains open to the east, west and at depth. The high-grade mineralization encountered in Drill-Hole JM07-04 is located 500 feet west of the high-grade intersections reported previously for the Dodger Molybdenum Discovery Zone. These intersections appear to be associated with a high-grade, east-west trending corridor that remains open to the east and west.

Drilling has now been completed in 19 holes out of a planned program of 50 holes for 2007. Holes JM07-07 through JM07-15 and hole JM07-19 investigated the lateral limits of the Dodger tungsten mineralization. Holes JM07-16 through JM07-18 are follow-up holes to the high-grade molybdenum intersection in hole JM07-04. Visible mineralization has been reported in many of these holes including holes JM07-16 through JM07-18. All drill core is presently being logged and split and assay results are expected in July.

Significant intersections from the six drill holes are given in the following table:



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DRILL-HOLE FROM TO WIDTH MOS2
# (feet) (feet) (feet) (%)
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JM07-01 348.40 364.00 15.60 0.05
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Including 350.00 352.00 2.00 0.17
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and 870.00 939.00 69.00 0.04
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Including 932.00 939.00 7.00 0.35
---------------------------------------------------------
and 1,430.00 1,432.00 2.00 0.32
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JM07-02 Abandoned
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JM07-03 424.30 429.00 4.70 0.20
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and 444.00 641.50 197.50 0.04
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Including 496.60 500.50 3.90 0.43
---------------------------------------------------------
and 561.50 583.00 21.50 0.07
---------------------------------------------------------
and 605.10 609.00 3.90 0.19
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and 876.40 880.20 3.80 0.20
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JM07-04 0.00 1,529.00 1,529.00 0.04
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Including 739.00 1,368.00 629.00 0.09
---------------------------------------------------------
Including 789.00 1,338.00 548.00 0.10
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Including 789.10 869.00 79.90 0.28
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Including 789.10 799.00 9.90 1.81
---------------------------------------------------------
and 1,155.00 1,198.00 43.00 0.23
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Including 1,190.00 1,198.00 8.00 0.60
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JM07-05 Un-mineralized
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JM07-06 926.00 956.00 30.00 0.13
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Including 926.00 936.00 10.00 0.25
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Note 1: All dimensions and core lengths are recorded in feet in order that
results are compatible with the historic mine grid and the existing
5,600 drill hole database.


Mr. Ed Lawrence, P.Eng., former Manager of the Jersey and Emerald Mines, is managing the ongoing exploration programs. Mr. Perry Grunenberg, P.Geo., of PBG Geoscience from Kamloops, B.C., is Sultan's project supervisor and "Qualified Person" for the purpose of NI 43-101, "Standards of Disclosure for Mineral Projects".

For further information on the Company's projects, visit www.sultanminerals.com.

Arthur G. Troup, P.Eng., Geological President and CEO

Should you wish to receive Company news via email, please email catarina@chfir.com and specify "Sultan Minerals News" in the subject line or contact the Company directly.

This release was prepared by Sultan management and no regulatory authority has approved or disapproved the information contained herein.

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 the Company expects are forward-looking statements. Although the Company 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 the Company, investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.sultanminerals.com.

SEC 12g3-2(b): 82-4741

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this News Release.

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