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How Sultan Resources Plans to Unlock Value with $1.1M Placement and New Acquisitions

3:13pm on Friday 31st of October, 2025 AEDT Mining
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How Sultan Resources Plans to Unlock Value with $1.1M Placement and New Acquisitions

3:13pm on Friday 31st of October, 2025 AEDT
Key Points
  • Acquisition of Damara Gold Project in Namibia and Niobe and Narndee projects in Western Australia
  • Successful $1.1 million placement following a rights issue to fund acquisitions and exploration
  • Damara project offers underexplored gold and rare earth element potential
  • Niobe project provides a defined rubidium-lithium resource with expansion opportunities
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