Sultan Minerals fka SUL

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Metallics Gold Assay Increase Grade on Sultan Minerals' Kena Property, BC-Expanded Work Program Planned

Wednesday May 7, 8:30 am ET

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 7, 2008) - Sultan Minerals Inc. (TSX VENTURE:SUL - News; FRANKFURT:RZN - News; "Sultan") is pleased to report a second set of gold assay results for a deep drill hole completed in December on its 100%-owned, 8,000 hectare, Kena Gold Property in British Columbia. This drill hole, located centrally in the Gold Mountain Zone of the Kena Property, confirmed that gold mineralization extends from surface to a hole depth of 435.33 metres (1,428 feet) which is well below any previous drill intersections, as previously announced on February 27, 2008.

In follow-up to the original assays, eleven drill core storage samples were re-assayed for gold using the metallics gold assay method. The procedure involved pulverizing and screening one kilogram splits and assaying both the fine and coarse screened fractions. The following table compares the gold assays from the original fire assays processed with the new metallics assay results. As demonstrated by the table [in link below], metallics assaying of these eleven samples show an average increase in gold grade of 12%.

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