Sultan Resources Limited has unveiled encouraging early-stage exploration results from its Lachlan Fold Belt tenements, highlighting three promising targets with significant gold and copper potential. The company’s review of existing geochemical, geophysical, and historical assay data has identified the Ringaroo, Gowan Green, and Razorback-Wattle Ridge prospects as priority areas for further fieldwork and drill testing. These targets sit within a well-regarded porphyry Au-Cu province that hosts world-class deposits to the south, providing a familiar geological setting for investors. At the Ringaroo target, a notable soil anomaly exceeding 3.1 parts per billion gold stretches over an area of one kilometer by 0.4 kilometer, coinciding with a magnetic high indicative of a magnetite-bearing volcanic complex. Additionally, a substantial induced polarization (IP) chargeability anomaly—recorded at values from 9 to 30 mV/V—is associated with 1000-meter wide resistivity features. The anomaly remains open in multiple directions, suggesting further potential beyond the current mapped extent. The exploration strategy here involves expanding soil sampling and deploying additional IP surveys to better define drill targets. The Gowan Green target shows a series of gold-in-soil anomalies alongside discrete IP chargeability signatures linked to a magnetic high. Historical workings in the area have produced impressive assay results, including samples with up to 26.1 grams per tonne gold, 65.5 grams per tonne silver, and 24.6 percent copper. These findings, combined with lithogeochemical analyses identifying calc-alkaline basalts and volcanic arc tectonic signatures, reinforce the possibility of discovering a robust porphyry system. Field programs are set to extend the soil geochemical grid and integrate new geophysical data to refine prospective areas for drilling. At the Razorback-Wattle Ridge target, mapping has revealed propylitic alteration, pyrite, and chalcopyrite mineralisation over a skarn breccia host, with surface rock chip samples indicating anomalies in gold, copper, and pathfinder elements. An underlying, untested IP chargeability anomaly further bolsters the prospect’s potential despite earlier drill holes focusing on the skarn breccia delivering mixed results. The company now intends to broaden soil grids and improve surface mapping in order to better delineate the underlying porphyry system at depth. Bullish sentiment centers on the technical indicators across all three targets—such as extensive soil anomalies, strong IP and magnetic signatures, and compelling historical assay results—which collectively point to the presence of significant porphyry Au-Cu systems. Additionally, proactive field campaigns and the backing from a recent capital raise to fund early-stage exploration add to the positive outlook. On the bearish side, however, investors should note that the projects are in an advanced exploration phase with inherent uncertainties. Past drilling at certain targets has not yet yielded definitive results, and the advancement of these projects depends on continuous funding and successful field and geophysical work.