Cullen Resources Limited · ASX:CUL
Cullen Resources — Shareholder Meeting (November 2021)
16 slides from Cullen Resources's shareholder meeting presentation, Nov 25, 2021
Slide 1: AGM Presentation
ASX: CUL AGM For personal use only PRESENTATION Chris Ringrose, Annual General Meeting Managing Director November 25 2021 Drilling Ahead for Au, Cu & Ni-Cu-PGE © Cullen Resources Limited I November 2021 I www.cullenresources.com.au 1
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: Portfolio in Key Provinces
Portfolio in Key Provinces > Active Projects, Funded Joint Ventures & Assets For personal use only Location Plan Projects, JV’s & Assets Iron Ore Royalties Current Joint Ventures – West Pilbara & Farm-ins Potential future Mt Eureka JV, Rox (RXL) cash flow from: Killaloe JV, Wyloo, in Fortesc
Slide 4: Drilling programs
Drilling programs > Key Projects – Wongan Hills, Barlee and North Tuckabianna For personal use only Recently completed and programs ahead : SPP in progress to support these and following campaigns 2021 2022 November December January February March April Wongan Hills, Wheatbelt • AC + RC drilling + D
Slide 5: Located within the Mineralised West Yilgarn Craton Margin Terrane
Wongan Hills Project > Located within the Mineralised West Yilgarn Craton Margin Terrane For personal use only According to Chalice Mining*, their world-class, Julimar PGE-Ni-Cu-Co- Au discovery is located in the: “new West Yilgarn Ni-Cu-PGE province which could deliver more major discoveries.” Cull
Slide 6: Ni-Cu-PGE prospectivity
Wongan Hills Project > Ni-Cu-PGE prospectivity For personal use only RC6 – Nickel Sulphides Occurrence An isolated RC hole testing an EM plate, has intersected an ultramafic with nickel sulphides – initial and significant evidence for prospectivity (ASX:CUL,16-9-2021) © Cullen © Cullen Resources Res
Slide 7: Strike-extensive, Untested Target Trend of Magnetic Anomalies
Wongan Hills Project > Strike-extensive, Untested Target Trend of Magnetic Anomalies For personal use only Nickel sulphides in RC6 are hosted in serpentinite (a metamorphosed ultramafic – the same type of host rock to the Julimar deposit in part) and here interpreted to be a komatiite. This intersec
Slide 8: Rupert Prospect – Further RC Drilling planned to test Ground EM plates
Wongan Hills Project > Rupert Prospect – Further RC Drilling planned to test Ground EM plates For personal use only RC6 at Rupert tested a ground EM anomaly plate C3. RC3 tested C2. RC4, 8 & 9 tested C1. No drilling to the south of RC6 by Cullen or others along the target string of magnetic anomalie
Slide 9: Rupert Prospect – Detailed drone Mag survey centred on RC6 in progress
Wongan Hills Project > Rupert Prospect – Detailed drone Mag survey centred on RC6 in progress For personal use only Airmag. image VTEM image © Cullen Resources Limited I November 2021 I www.cullenresources.com.au 9
Slide 10: Rupert Trend: Priority Ni-Cu-PGE Targets, 1-4
Wongan Hills Project > Rupert Trend: Priority Ni-Cu-PGE Targets, 1-4 , all in wheat paddocks For personal use only 11 Targets 1 & 2 22 Pd soil anomaly + mag + VTEM Target 3 33 Cu-Ni-Au soil anomaly and Ground EM plates surrounding RC6 Target 4 Cu-Ni soil anomaly, VTEM on mag, 3km south of RC6 44 Air
Slide 11: Summary of Ni-Cu-PGE Prospectivity
Wongan Hills Project > Summary of Ni-Cu-PGE Prospectivity For personal use only Cullen has discovered a nickel sulphide – bearing ultramafic within a virtually-untested, strike-extensive (~25km) magnetic belt which includes trends of VTEM picks over discrete mag anomalies, some with Ni-Cu-Au +/- Pd
Slide 12: Barlee Project
Barlee Project > First pass air core drilling completed – January reporting For personal use only AC Traverse lines © Cullen Resources Limited I November 2021 I www.cullenresources.com.au 12
Slide 13: Barlee Project – further drilling planned
Barlee Project – further drilling planned > To target base metal & gold anomalies (ASX:CUL,8-3-21), centre of E2606 For personal use only Geology Mag image showing key geochem. targets Au to 11ppb Ag to 430ppb E77/2606 Targets determined from elevated auger geochem. Targets determined from airmagnet
Slide 14: North Tuckabianna Project
North Tuckabianna Project > Air core drilling planned to commence in December For personal use only Location Mag. image with interpreted structures & targets AC drilling targeting immediately NE of the Hollandaire Cu-Au Resource (ASX:CYM) Eelya Felsics and the Eelya Felsic complex – greenstone conta
Slide 15: Cullen Resources Limited – Corporate Snapshot
Cullen Resources Limited > Corporate Snapshot For personal use only Directors Greenfields Explorer Focus in W.A. Dr Chris Ringrose, Managing Director Mr John Horsburgh, Chairman Project Generator Eye on Finland Mr Wayne Kernaghan, Company Secretary Capital Number of Shares 374M October 2020
Slide 16: Strong Investment Case for Au, Cu and Ni-Cu-PGE exploration
Cullen Resources Limited > Strong Investment Case for Au, Cu and Ni-Cu-PGE exploration For personal use only Photomicrographs – Bravoite Serpentinised Ultramafic Contact: Chris Ringrose: 0439 843 756 cringrose@cullenresources.com.au www.cullenresources.com.au © Cullen Resources Limited I November 20
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