Cullen Resources Limited · ASX:CUL
Cullen Resources — Shareholder Meeting (November 2024)
18 slides from Cullen Resources's shareholder meeting presentation, Nov 21, 2024
Slide 1: Drill Ready Targets in Wongan Hills & Finland; Iron Ore Royalties
INVESTOR PRESENTATION, 21 NOVEMBER AGM 2024 ASX: CUL Drill Ready Targets, in Wongan Hills & Finland Anticipated Start, Dec 2024 Iron Ore Royalties, West Pilbara WONGAN HILLS TARGET AREA For Monetisation Dr Chris Ringrose, Managing Director I INVESTOR PRESENTATION, NOVEMBER AGM 2024 I © CULLEN RESOUR
Slide 2: Disclaimer
CULLEN RESOURCES LIMITED Disclaimer 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 securit
Slide 3: Wongan Hills Greenstone Belt
WEST YILGARN PROVINCE – WESTERN AUSTRALIA Wongan Hills Greenstone Belt Western Australian Wheatbelt Narryer Terrane INVESTOR PRESENTATION, NOVEMBER AGM 2024 I © CULLEN RESOURCES LIMITED PAGE / 3
Slide 4: Wongan Hills Greenstone Belt
WEST YILGARN PROVINCE – WESTERN AUSTRALIA Wongan Hills Greenstone Belt Cullen ~15km North of Caravel (Bindi) The regional setting of the WHGB, showing the location of copper mineralisation defined by Caravel Minerals around the Wongan batholith on aeromagnetic image Some geological features shown ar
Slide 5: Wongan Hills Greenstone Belt (WHGB) – Geology
WEST YILGARN PROVINCE – WESTERN AUSTRALIA Wongan Hills Greenstone Belt (WHGB) – Geology Targeting: Intrusion related Cu-Au, Ni-Cu in ultramafics & VMS base metals ▪ Basalts (amphibolites); BIF; felsic metasediments; and ultramafics ▪ Major adamellite intrusion in south-west, with trace chalcopyrite
Slide 6: Wongan Hills Greenstone Belt – Magnetics draped on gravity image
WEST YILGARN PROVINCE – WESTERN AUSTRALIA Wongan Hills Greenstone Belt – Magnetics draped on gravity image Along strike of significant copper – molybdenum resource (Caravel – ASX:CVV) Circular gravity high/magnetic low, cored by major hydrothermally-altered adamellite with trace chalcopyrite ▪ New r
Slide 7: Wongan Hills Greenstone Belt – Drill Targets
WEST YILGARN PROVINCE – WESTERN AUSTRALIA Wongan Hills Greenstone Belt – Drill Targets IP traverses (white arrows) shown on magnetics image draped on regional gravity image (1VD) N ▪ Prominent, circular gravity high in the SW of Cullen’s project area (maroon colour, denser rock), surrounds a tear-sh
Slide 8: Wongan Prospect, WHGB – Geochemical anomalies
WEST YILGARN PROVINCE – WESTERN AUSTRALIA Wongan Prospect, WHGB – Geochemical anomalies Untested Ag BLEG anomalies ? from granitoid intrusions at depth Single diamond hole, WHDH001 intersected chalcopyrite-pyrite, sphalerite in quartz-albite chlorite-garnet alteration bands WHDH001 ▪ Major geochemic
Slide 9: Wongan Prospect, WHGB – IP and VTEM coincidence
WONGAN HILLS PROJECT – WESTERN AUSTRALIA Wongan Prospect,WHGB – IP and VTEM coincidence New IP drill target – Wongan Prospect Magnetics ▪ A strong chargeability anomaly towards the Resistivity centre of the IP line ▪ Directly overlies an ultramafic – mafic sediment contact IP line ▪ Ultramafic horiz
Slide 10: Wongan Prospect, WHGB
WONGAN HILLS PROJECT – WESTERN AUSTRALIA Wongan Prospect, WHGB Model for Cu-Au mineralisation WHD001 150m Clast of ? Cu-Au pyrrhotite-pyrite- chalcopyrite (125.6m) Clast of pyrrhotite, veinlet with Pegmatite Targets ? chalcopyrite (62.0m) Schematic – X Section INVESTOR PRESENTATION, NOVEMBER AGM 202
Slide 11: Rupert Prospect: Eastern Margin of Greenstone Belt
WONGAN HILLS PROJECT – WESTERN AUSTRALIA Rupert Prospect: Eastern Margin of Greenstone Belt IP anomaly supported by geochem – ? Intrusions at depth IP anomaly over untested historical BLEG anomalies in felsic volcaniclastics 500m ▪ Anomalous: As; Zn; Pb; Cu; Au and Ag in air core Solid Geology Inter
Slide 12: Rupert Prospect, WHGB
WONGAN HILLS PROJECT – WESTERN AUSTRALIA Rupert Prospect, WHGB IP drill target – Rupert Prospect ▪ Strong, chargeability anomaly with IP line Resistivity margins of low resistivity ▪ Close to the granite-greenstone boundary ▪ Coincident with Chargeability VTEM trend line and geochemical Proposed ano
Slide 13: Cullen – API Iron Ore Royalty
WEST PILBARA – WESTERN AUSTRALIA Cullen – API Iron Ore Royalty Potential royalty stream ▪ 1% F.O.B. royalty on any iron ore production from the Catho Well Channel Iron Deposit (CID) located towards the southern boundary of the Onslow Iron project (M08/481) ▪ Potential payer of Cullen’s royalty is AP
Slide 14: Cullen – FMG Iron Ore Royalty
WEST PILBARA – WESTERN AUSTRALIA Cullen – FMG Iron Ore Royalty Potential royalty stream or monetisation opportunity ▪ 1.5% F.O.B. royalty on up to 15 Mt of iron ore production from the Wyloo Project tenements, including M47/1567, part of Fortescue’s Eliwana project ▪ Plus $900,000 if and when a deci
Slide 15: Finnish JV Project
NORTHERN FINLAND – GOLD-COPPER Finnish JV Project Locations of the five granted exploration permits ▪ Cullen 30% – Capella 70% ▪ Adjacent to highly mineralised Sirkka Thrust SIRKKA THRUST ▪ 5 exploration permits ▪ Priority Cu-Au target at Killero East (BoT anomalies) – drilling anticipated Dec Qtr 2
Slide 16: Drill Ready Targets
CULLEN RESOURCES Drill Ready Targets Cu-Au, base metal, gold, REE & lithium LOCATION PROJECTS, JV’S & ASSETS Wongan Hills (90%), West Yilgarn Province Barlee (100%), SE of Youanmi (Au, Li) Drill-Ready Targets W.A. Bromus (100%), SW of Norseman (Au, REE) North Tuckabianna (100%), Cue (Au) Project Gen
Slide 17: Corporate Snapshot
CULLEN RESOURCES Corporate Snapshot New discovery opportunities ✓ Greenfields Explorer ✓ Project Generator ✓ Focused in WA ✓ JV’s in WA & Finland Dr Chris Ringrose, Managing Director Directors John Horsburgh, Chairman 2024 Wayne Kernaghan, Company Secretary 0.009 Perth Capital + Associates ~ 15% Maj
Slide 18: Further information & ASX releases for Year Oct 2023-2024
Further information & ASX releases for Year Oct 2023-2024 26.10.23 Share Purchase Plan Documentation Quarterly Report ending 19.4.24 31 March 2024 Quarterly Report ending 27.10.23 Quarterly Report ending 30 September 2023 18.7.24 30 June 2024 8.11.23 Exploration Update Appendix 5B 18.7.24 Soils Defi
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