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Cullen Resources NL
AUSTRALIA CUL.AX 0,00 AU$ 0,00%
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8 July 2016 Exploration Update

Publié le 08 juillet 2016

Microsoft Word - Update - 8 July

ABN 46 006 045 790

www.cullenresources.com.au ASX Symbol: CUL 8 July 2016

Exploration Update

GOLD

  • Cullen Resources Limited ("Cullen" or the "Company") has completed a Reverse Circulation (RC) drilling programme at the Galway gold prospect within its 100% owned Mt Eureka Project, North East Goldfields, W.A. - about 140km east of Wiluna.

  • Cullen completed 960m of drilling in nine holes to test down-dip and along strike from a number of shallow gold anomalies from previous air core drilling at the Galway prospect (including a best of 5m @ 12.43 g/t Au at 45-50m to end of hole, as reported previously - see CUL:ASX, Quarterly Report to September 30, 2015, dated 30 October, 2015).

  • It is anticipated that assay results will be available towards the end of July.

    LITHIUM

  • Cullen has also completed a preliminary field review of its tenement applications for lithium pegmatite mineralisation in the Pilbara and Greenbushes regions. Numerous pegmatites were observed and sampled in both the Pilgangoora North East (ELA 45/4626) and Wodgina West (ELA 45/4682) prospect areas in the Pilbara.

  • A few samples of pegmatitic granite and pisolite (laterite) were collected from within ELA 70/4803 and ELA 70/4802, south west and south east respectively of the Greenbushes Mine, where access is more limited.

  • All samples have been submitted for analysis. Sample descriptions, field locations with diagrams, and assays will be reported once received and compiled.

Dr Chris Ringrose, Managing Director 8 July, 2016

REGISTERED OFFICE: Unit 4, 7 Hardy Street, South Perth WA 6151.

Telephone: +61 8 9474 5511 Facsimile:+61 8 9474 5588

CONTACT: Dr. Chris Ringrose, Managing Director. E-mail: [email protected]

Cullen Resources Limited

Exploration Update - July 2016

ABOUT CULLEN: Cullen is a Perth-based minerals explorer with a multi-commodity portfolio including projects managed through a number of JVs with key partners (Fortescue, APIJV (Baosteel/Aurizon-AMCI/Posco), Hannans Reward, and Matsa), and a number of projects in its own right. The Company's strategy is to identify and build targets based on data compilation, field reconnaissance and early-stage exploration, and to pursue further testing of targets itself or farm-out opportunities to larger companies. Projects are sought for most commodities mainly in Australia but with selected consideration of overseas opportunities.

ATTRIBUTION: Competent Person Statement

The information in this report that relates to exploration activities is based on information compiled by Dr. Chris Ringrose, Managing Director, Cullen Resources Limited who is a Member of the Australasian Institute of Mining and Metallurgy. Dr. Ringrose is a full-time employee of Cullen Resources Limited. He has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration, and to the activity which has been undertaken, to qualify as a Competent Person as defined by the 2012 edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Dr. Ringrose consents to the report being issued in the form and context in which it appears.

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