Slide 1: Strategic Positions in Key Mineralised Provinces
For personal use only ASX: CUL Strategic Positions in Key Mineralised Provinces Targeting Gold / Base Metals / PGE / Lithium Chris Ringrose, Managing Director, Cullen Resources Limited Investor Presentation Contact: 0439 843 756 11 November 2022 INVESTOR PRESENTATION JUNE 2023 I © CULLEN RESOURCES L
Slide 2: Disclaimer
Disclaimer For personal use only IMPORTANT NOTICE This presentation has been prepared by Cullen Resources Limited ACN 006 045 790 (Cullen) for general information purposes only. The presentation is not and should not be considered as an offer or invitation to subscribe for or purchase any securities
Slide 3: Corporate Snapshot
CULLEN RESOURCES Corporate Snapshot New discovery opportunities For personal use only Directors ✓ Greenfields Explorer ✓ Focused in WA Dr Chris Ringrose, Managing Director Mr John Horsburgh, Chairman Mr Wayne Kernaghan, Company Secretary ✓ Project Generator ✓ JV’s in WA & Finland Capital Number of S
Slide 4: Portfolio in Key Provinces
PORTFOLIO IN KEY PROVINCES W.A. Focus: Cu-Au, Au & Li Targets Wongan Hills - Bromus South - Barlee For personal use only North Tuckabianna (100%), Cue Drill-Ready Targets Wongan Hills (90%), West Yilgarn Province Barlee (100%), SE of Youanmi Drill-Ready Targets / Bromus South, SE W.A. Early Stage Yo
Slide 5: Youanmi Region: Barlee Project – Au & Li
YOUANMI REGION – WESTERN AUSTRALIA Barlee Project – Au & Li ~50km of underexplored shear zones in granite-greenstone terrane, SE of Youanmi For personal use only Targeting Penny-type Au & lithium in pegmatites INVESTOR PRESENTATION JUNE 2023 I © CULLEN RESOURCES LIMITED PAGE / 5
Slide 6: Barlee Project: Northern area lithium in pegmatites targets
YOUANMI REGION – WESTERN AUSTRALIA Barlee Project Northern area – lithium in pegmatites targets For personal use only Magnetics Image Granite – Greenstone contact ▪ Large project ~50km of strike south east of the Penny Gold deposit ▪ Key target corridor for pegmatites 10km Pegmatite results: Max. ro
Slide 7: Barlee Project: Southern area unexplored granite-greenstone terrane
YOUANMI REGION – WESTERN AUSTRALIA Barlee Project Southern area - Unexplored granite-greenstone terrane - Au & Li For personal use only Bedrock Interpretation Magnetics Image Gold targets: ▪ Ag, Au auger anomalies, over sheared mafics and quartz veins Next Lithium targets: ▪ Unexplored ▪ First mover
Slide 8: Barlee Project: Southern area gold targets
YOUANMI REGION – WESTERN AUSTRALIA Barlee Project Southern area - Gold targets , Ag-Au soil anomalies and/or faults For personal use only Magnetics image overlain on air photo ~5km 1123 Ni, 101 Cu, 144 Co ppb F Anomalous zone: 0.11 g/t Ag, 2-5 ppb Au E2688 Au TARGETS: 5 - 11 ppb Au ? Felsic intrusiv
Slide 9: Wongan Hills & Yornup Projects
WEST YILGARN - WESTERN AUSTRALIA Wongan Hills & Yornup Projects Ni-Cu-PGE Province, W.A. For personal use only Narryer Terrane Targeting structurally-controlled, intrusion-related Cu-Au-(Zn-Ag); rare metal pegmatites & Ni-Cu PGE INVESTOR PRESENTATION JUNE 2023 I © CULLEN RESOURCES LIMITED PAGE / 9
Slide 10: Wongan Hills Greenstone Belt
WEST YILGARN - WESTERN AUSTRALIA Wongan Hills Greenstone Belt Broadly similar geology to Julimar Complex For personal use only Berkshire Valley ASX: TRT Wongan Hills Greenstone Belt Wongan Hills Bindi (Ni) Metasedimentary Mt Yule, ASX: MI6 siliciclastics & amphibolites, split along major magnetic, s
Slide 11: Wongan Hills Project: Rupert Trend
WONGAN HILLS PROJECT – WESTERN AUSTRALIA Rupert Trend: Eastern side of Greenstone Belt Untested Au-Cu-Ag BLEG anomalies – intrusives at depth For personal use only ▪ Cullen’s RC drilling has tested ground EM conductors and Cu-Ni soil anomalies intersecting Nickel sulphides discovered in ultramafic –
Slide 12: Wongan Hills Project: Wongan Trend
WONGAN HILLS PROJECT – WESTERN AUSTRALIA Wongan Trend: Western side of Greenstone Belt Target area : untested Ag BLEG anomalies – margin of major intrusion For personal use only TARGET AREA Wongan Hills Greenstone Belt – WHGB Target area in greenstone Wongan Hills gravity-mag anomaly Linear features
Slide 13: Wongan Trend – trial gravity survey
WONGAN HILLS PROJECT – WESTERN AUSTRALIA Wongan Trend – trial gravity survey ? Felsic intrusives on N margin of major intrusion For personal use only Gravity Survey Image Gravity Survey Area INVESTOR PRESENTATION JUNE 2023 I © CULLEN RESOURCES LIMITED PAGE / 13
Slide 14: Wongan Trend – compilation of data
WONGAN HILLS PROJECT – WESTERN AUSTRALIA Wongan Trend - compilation of data Cu - Au - (Zn - Ag) Potential mineralisation along faults For personal use only Magnetics Image Wongan Trend – Felsic intrusions underlying greenstone INVESTOR PRESENTATION JUNE 2023 I © CULLEN RESOURCES LIMITED PAGE / 14
Slide 15: Wongan Trend mineralisation model
WONGAN HILLS PROJECT – WESTERN AUSTRALIA Wongan Trend Model for structurally - controlled, intrusion - related, Cu - Au - (Zn - Ag) mineralisation For personal use only Pegmatites WHD001 150m ? Clast of pyrrhotite Clast of pyrrhotite – pyrite-chalcopyrite – veinlet with ? chalcopyrite (125.6m) (62.0
Slide 16: Bromus South Project - Li
NORSEMAN PROVINCE – WESTERN AUSTRALIA Bromus South Project - Li Key untested targets in emerging in Lithium Province For personal use only ▪ Cullen’s Bromus Project lies on-strike to the south of known nickel prospects, has an untested historical gold-in-auger anomaly and is considered by Cullen to
Slide 17: Bromus South Project: targeting lithium in pegmatites
NORSEMAN PROVINCE – WESTERN AUSTRALIA Bromus South Project Targeting lithium in pegmatites & shear zone Au For personal use only Granite Dome: NE trending structures cutting granite and in greenstone around granite margin are prime target areas for lithium in pegmatites Buried ?felsic bodies intrude
Slide 18: Finland JV Li Project
SOUTHERN FINLAND Finland JV (Capella 70%; Cullen 30%) Li Project Eräjärvi Lithium-Cesium-Tantalum (“LCT”) – Pegmatite Field, Southern Finland For personal use only New Exploration Area for Lithium ▪ Cullen Finland Oy (owned 70:30 by Capella and Cullen) owns Perho Reservation (~50 sq km) ▪ Old quartz
Slide 19: High Priority Targets: Proposed exploration programs
CULLEN RESOURCES High Priority Targets Proposed exploration For personal use only Programs ahead in 2023 July August September October November December North Tuckabianna, Cue Drilling for – Heritage Agreement + Air Core /RC Au Barlee, SE of Youanmi Target Drilling for – Heritage Survey + Air Core D
Slide 20: Further Information – Cullen ASX Releases
Further Information – Cullen 2022 ASX Releases 28-1-2022: Quarterly Report, December 2021 09-2-2022: Air core drill results, E20/714, Cue 16-2-2022: Positive Ni-Co from drilling at Wongan Hills 01-3-2022: Exploration Update - Finland 14-3-2022: Ground EM to commence this week at Wongan Hills 31-3-20