January 19, 2006 11:25 ET

eResearch Issues Initiating Report on Sultan Minerals Inc.

TORONTO, ONTARIO--(CCNMatthews - Jan. 19, 2006) - eResearch analysts, Emanuel Abraham, B.Comm., and Bob Leshchyshen, MBA, CFA, have written an Initiating Report on Sultan Minerals Inc. This Canadian junior mining exploration company is focused on exploring for base and precious metals in British Columbia, Manitoba, and Peru. The Company is a member of the Lang Mining Group, which has more than 45 years of experience in international precious metals exploration.

In the Report, the Analysts state that, "The immediate challenge facing Sultan Minerals is securing the necessary financing for its fiscal 2006 exploration program, including drill testing the many targets identified to date."

The Analysts go on to say, "The industry dynamics for Sultan Minerals are positive with the price of molybdenum near record highs and gold and silver prices continuing to march steadily upwards. As the Company's exploration programs continue to delineate the deposits on its properties, we believe the Company should begin to receive increasing investor attention."

eResearch is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies. Our focus is on identifying interesting, under-valued, under-covered, and over-looked companies that have interesting prospects, sound management, and significant potential for share price appreciation. We provide the investment community with a consistent, quality source of information and analysis, which has the potential of reaching up to 6 million global investors through our distribution networks. Clients include institutional and retail investors, investment dealers, limited market dealers, and corporations. eResearch does not trade in the securities of the companies it covers, nor does it accept any stock related compensation for research services. eResearch does not engage in retail or institutional sales, trading, or corporate finance activities, nor does it conduct investment banking or investor relations services for the companies covered.

Sultan Minerals Inc. paid eResearch a fee of C$7,000 to conduct research on the Company, on a Single Report only basis.

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