Cullen Resources Limited · ASX:CUL
Cullen Resources — Investor Presentation (August 2023)
19 slides from Cullen Resources's investor presentation, Aug 31, 2023
Slide 1: Focus on Lithium-in-Pegmatite Portfolio Western Australia & Finland
INVESTOR UPDATE 31 AUGUST 2023 For personal use only ASX: CUL Focus on Lithium-in- Pegmatite Portfolio Western Australia & Finland Dr Chris Ringrose, Managing Director INVESTOR UPDATE AUGUST 2023 I © CULLEN RESOURCES LIMITED PAGE / 1
Slide 2: Disclaimer
CULLEN RESOURCES LIMITED 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 o
Slide 3: 4 Projects in Prospective Terranes for Lithium in W.A.
CULLEN RESOURCES LIMITED 4 Projects in Prospective Terranes for Lithium in W.A. Under or unexplored for pegmatites For personal use only > Barlee I SE of Youanmi > Bromus I SW of Norseman > Wongan Hills I Wheatbelt > Yornup I SW Yilgarn + Perho I Central Finland INVESTOR UPDATE AUGUST 2023 I © CULLE
Slide 4: Bromus South Project – Prime Li prospectivity
NORSEMAN PROVINCE – WESTERN AUSTRALIA Bromus South Project – Prime Li prospectivity Key untested targets in emerging Lithium corridor For personal use only ▪ Lithium potential in pegmatites around domal granites and along granite-greenstone contacts ▪ Sparse drilling through the extensive cover to b
Slide 5: Bromus South Project – Key Li-targets
NORSEMAN PROVINCE – WESTERN AUSTRALIA Bromus South Project – Key Li-targets Bedrock interpretation from magnetics data For personal use only Granite Dome: ▪ NE trending structures cutting granite/greenstone at granite margin Buried felsic bodies: ▪ Intruding greenstone cut by NE structures Sheared g
Slide 6: Bromus South Project – Li targets supported
NORSEMAN PROVINCE – WESTERN AUSTRALIA Bromus South Project – Li targets supported Reconn. soil anomalies overlie structural / geophysical targets For personal use only ~10km Mag Image Air photo INVESTOR UPDATE AUGUST 2023 I © CULLEN RESOURCES LIMITED PAGE / 6
Slide 7: Barlee Project – 50km of unexplored granite/greenstone
YOUANMI REGION – WESTERN AUSTRALIA Barlee Project – 50km of unexplored granite/greenstone ~ Rock chip and soil anomalies highlight Li prospectivity For personal use only 50km Targeting Penny-type Au & Lithium in Pegmatites INVESTOR UPDATE AUGUST 2023 I © CULLEN RESOURCES LIMITED PAGE / 7
Slide 8: Barlee Project – Trainers Rock Prospect
YOUANMI REGION – WESTERN AUSTRALIA Barlee Project – Trainers Rock Prospect Key 5km Lithium target corridor identified For personal use only ▪ Pegmatitic Granite – Greenstone contact at Trainers Rock ▪ Key target corridor for pegmatites identified ▪ Mapped pegmatites (GSWA) 10km but generally unexplo
Slide 9: Barlee Project – Trainers Rock Prospect
YOUANMI REGION – WESTERN AUSTRALIA Barlee Project – Trainers Rock Prospect Initially following up on mapped pegmatites (GSWA) For personal use only INVESTOR UPDATE AUGUST 2023 I © CULLEN RESOURCES LIMITED PAGE / 9
Slide 10: Barlee Project – Trainers Rock Prospect
YOUANMI REGION – WESTERN AUSTRALIA Barlee Project – Trainers Rock Prospect Li-Cs Ultrafine (UF) soil anomalies For personal use only Mixed Granite – Air core drilling planned Greenstone 2.5 km Granite Soils – December 2022 (Li ppm) on mag image Soils – December 2022 (Cs ppm) INVESTOR UPDATE AUGUST 2
Slide 11: Wongan Hills & Yornup Projects
WEST YILGARN – WESTERN AUSTRALIA Wongan Hills & Yornup Projects Targeting intrusion-related Cu-Au & Lithium in pegmatites at Wongan Hills For personal use only Narryer Terrane INVESTOR UPDATE AUGUST 2023 I © CULLEN RESOURCES LIMITED PAGE / 11
Slide 12: Wongan Hills Project – Wongan Trend Prospect
WONGAN HILLS PROJECT – WESTERN AUSTRALIA Wongan Trend Prospect Multiphase intrusions at depth – Cu-Au anomalies near faults & pegmatites overlying intrusions For personal use only Wongan Trend – Felsic intrusions underlying greenstone Schematic X-section Pegmatite Targets Magnetics Image INVESTOR UP
Slide 13: Wongan Trend Prospect – Gravity survey
WEST YILGARN – WESTERN AUSTRALIA Wongan Trend Prospect Gravity survey – northern margin of major intrusion defines greenstone/felsic boundaries For personal use only Greenstone Belt Basement Granite Gravity Survey Mafic Major Intrusion Trends Felsic intrusive underlying mafics Gravity Survey Image I
Slide 14: Wongan Trend – Tantalum-anomalous pegmatite samples
WEST YILGARN – WESTERN AUSTRALIA Wongan Trend Tantalum-anomalous pegmatite samples, float & subcrop – margin of felsic intrusion For personal use only 5cm Basement Granite Mafic Trends Pegmatite assay: Max. rock chip values (ppm) Ta 403 Felsic intrusive underlying Nb 102 mafics Cs 55 Sampled pegmati
Slide 15: Yornup Project: Untested Sn-Ta-W anomaly
WEST YILGARN – WESTERN AUSTRALIA Yornup Project : Untested Sn - Ta - W anomaly EL 70/5405, ~30km south-east of Greenbushes For personal use only Sunnyside Prospect GREENBUSHES ▪ UF soils show a coincident Sn-Ta-W anomaly along the northern E-W traverse and a Li-Cs anomaly at the eastern end of the s
Slide 16: Finland JV – Perho Reservation
SOUTHERN FINLAND Finland JV – Perho Reservation, ~50 sq. km New project area for Lithium For personal use only ▪ Perho held by Cullen Finland Oy (owned 70:30 by Capella and Cullen) ▪ Covers the Eräjärvi Lithium-Cesium- Tantalum (LCT) Pegmatite Field ▪ Adjacent to old quartz-feldspar-?(lithium) mines
Slide 17: Corporate Snapshot
CULLEN RESOURCES Corporate Snapshot New discovery opportunities For personal use only ✓ Greenfields Explorer ✓ Project Generator ✓ Focused in WA ✓ JV’s in WA & Finland Dr Chris Ringrose, Managing Director Directors Mr John Horsburgh, Chairman 2c Mr Wayne Kernaghan, Company Secretary Perth Capital +
Slide 18: Significant Targets for LCT Pegmatite Discoveries
CULLEN RESOURCES Significant Targets for LCT Pegmatite Discoveries Recent and Proposed exploration programs For personal use only Programs ahead in 2023 July August September October November December Field review Finland – Perho & sampling (Capella) *Soil & Mapping, soil & Barlee, SE of Youanmi roc
Slide 19: Thank you
Thank you Further information & ASX releases for 2022-2023 For personal use only 28.1.2022 Quarterly Report, December 2021 13.9.2022 New Lithium Reservation – Finland 09.2.2022 Air Dore Drill Results, E20/714, Cue Annual Report – Cullen Resources 30.9.2022 Limited Positive Ni-Co from drilling at 16.
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