The Board of Sultan Resources Ltd. informed shareholders that all approvals have been received for a drilling program to test the prominent gravity anomalies revealed by the detailed ground gravity survey completed at the Company's Lake Grace Project in 2019 (ASX announcements 23/09/2019, 29/10/2019). The program will comprise 5 Reverse Circulation ("RC") holes for 1,000m and is designed to test the peak gravity anomalies in positions down dip of the Challenger gold mineralisation discovered by the Company in 20192. A drill rig and crew are working to mobilise to site before the end of January. The drill program has been designed to test the outstanding anomalies revealed by the Company's recent ground gravity survey at Lake Grace. The prominent anomaly that surrounds and lies down dip of the extensive near-surface gold mineralization defined by Sultan and previous explorers1 at Challenger will be the focus of the five-hole program. Three-dimensional inversion modelling has been undertaken on the gravity data. Density variations inferred from this work have revealed the spatial distribution of peak density (3.2gm/cc) bodies that appear geophysically similar to those that host the bulk of gold mineralisation at the nearby Tampia deposit3. Gold-hosting rock types at Tampia are predominantly sulphidic mafic gneiss. Drilling by Sultan in 2019 intersected sulphide-banded mafic gneiss hosting gold mineralization dipping shallowly towards the gravity anomalies defined by the ground gravity survey. Two standout anomalies (A and B) have been identified as a priority for drill testing in the five-hole program: Holes 1, 2 and 3 will drill vertically (180m to 190m) to target Anomaly B, where a potential fold axis trends coincident with the peak gravity anomaly; Hole 4 will be a deep (240m) angled hole targeting Anomaly A in the general vicinity of historic diamond holes by North which returned high grade gold on the edge of the gravity anomaly; Hole 5 (190m) will test down dip of Sultan's recent RC drilling where thick zones of low to moderate grade mineralisation were intersected. The hole is some 280m to the NE of previous drilling, within the trend of the stronger gravity response.