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Sultan Minerals Expands Tungsten and Zinc Mineralization at Its Jersey-Emerald Property, BC, Canada

Thursday March 27, 8:30 am ET

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 27, 2008) - Sultan Minerals Inc. (TSX VENTURE:SUL - News; FRANKFURT:RZN - News; "Sultan") is pleased to announce assay results for drill holes JS07-22 through JS07-29 on its 100% owned Jersey-Emerald tungsten-molybdenum ("WO3-MoS2") property in southern British Columbia. The results are very favourable. Furthermore, two holes successfully demonstrated potential for large extensions to the historic East Dodger Tungsten Mine and five holes confirmed an eastern extension of the historic Jersey Zinc Mine (see earlier News Release of March 13, 2008).

Three drill holes, JS07-22, JS07-25 and JS07-26, tested a 2,000-foot long corridor centred on the historic Emerald Tungsten Mine. Hole JS07-22, located 1,200 feet north of the Emerald workings, intersected a 6.6-foot thick tungsten rich zone that assayed 0.57% WO3 within a 41.2-foot thick horizon that assayed 0.20% WO3. Hole JS07-25, located 500 feet south of the Emerald workings intersected 3.9 feet that carried 2.21% WO3 within a 14.20-foot wide zone that assayed 0.65% WO3. Assays for hole JS07-26 are still pending. The results obtained from these holes suggest that tungsten mineralization comparable in grade and width to the historic mine extend well beyond the historic mine workings of Emerald.

Drill hole JS07-25 also intersected a 2.9-foot wide quartz vein carrying 0.40% MoS2 in a granite intrusive beneath the tungsten zone. This mineralization is believed to represent the southern margin of the East Dodger Molybdenum zone found in the Dodger 4200 Drive North approximately 500 feet to the west.

Significant tungsten and molybdenum intersections from these holes at Emerald are given in the following table:

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