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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
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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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Sultan Resources (ASX:SLZ)
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