Sultan Minerals Inc.
TSX VENTURE : SUL
FRANKFURT : RZN

Sultan Minerals Inc.

March 29, 2007 09:30 ET

Sultan Minerals Inc. Engages CHF Investor Relations

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 29, 2007) - Mr. Arthur G. Troup, President and CEO of Sultan Minerals Inc. (TSX VENTURE:SUL)(FRANKFURT:RZN) ("Sultan" or the "Company"), is pleased to announce that, subject to TSX Venture Exchange acceptance, Sultan has retained CHF Investor Relations (Cavalcanti Hume Funfer Inc.) of Toronto and Calgary ("CHF"), Canada's leading IR firm for mineral resources, as the Company's investor relations counsel.

CHF will provide investor relations for an initial period of twelve months ending March 31, 2008. Thereafter, cancellation by either party requires three months' notice. CHF will be paid a monthly fee of $6,000 plus allowable disbursements. Additionally, CHF will receive incentive stock options, subject to Board and regulatory approvals, exercisable for an aggregate 750,000 common shares of the Company at exercise prices ranging from $0.25 to $0.60.

Mr. Troup, President and CEO, commented, "Sultan's molybdenum and tungsten projects in British Columbia are now at an advanced stage where we will benefit from the broad exposure to investors that CHF can provide us with. Pursuing a comprehensive IR outreach program with CHF at this time will benefit our Company and our shareholders."

About Sultan Minerals Inc.

Sultan Minerals Inc. is a Canadian Exploration Company concentrating on advanced exploration at two former producing mines in southeastern British Columbia, Canada, one primarily for gold (Au) - the Kena Property and the other for molybdenum (Mo) and tungsten (W) - the Jersey Emerald Project. The Company is a member of the Lang Mining Group, which has more than 45 years of experience in precious metal exploration, including the discovery of the Hemlo Gold Mine in Ontario and both the Ferderber and Sleeping Giant gold mines in Quebec. Sultan Minerals Inc. trades on the TSX-Venture Exchange under the symbol SUL.

About CHF Investor Relations

CHF Investor Relations is a proactive, results-driven firm that offers premium IR service to an international portfolio of client companies operating in a broad range of industries including mining exploration and development, mineral producers, internet commerce and technology, high-tech, biotechnology, oil and gas and special situations. CHF provides comprehensive IR representation to the Canadian audience through their offices in Toronto and Calgary. For more information, please visit their website at www.chfir.com.

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.

Cautionary Language and Forward-Looking Statements

This press release may contain "forward-looking statements", which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure documents filed from time to time with the Canadian securities authorities.

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

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