Sultan Resources Joins The Rush To Australia’s Best Mining Address At Lachlan Fold Belt

Sultan Resources (ASX: SLZ) is all set to ramp up exploration on newly acquired ground in the Lachlan Fold Belt in central NSW, a region that has been described as “the hottest mining address in Australia” and “Australia’s premier exploration region”.

Enthusiasm for the Lachlan belt has been building, slowly at first, after Newcrest Mining (ASX: NCM) started production at its Cadia copper-gold mine in 1998 (and which in 2019 was producing gold at an all-in sustaining cost of $132/oz.)

But it was the discovery last year by Alkane Resources (ASX: ALK) that turned excitement into to a frenzy.

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