Cullen Resources Limited · ASX:CUL
Cullen Resources — Shareholder Meeting (November 2017)
17 slides from Cullen Resources's shareholder meeting presentation, Nov 21, 2017
Slide 1: Unlocking Gold Potential, Mt Eureka, W.A.
ASX : CUL For personal use only UNLOCKING GOLD POTENTIAL Mt EUREKA, W.A. - air core drilling to commence early December AGM – NOVEMBER 21 2017 Chris Ringrose – Managing DirectorCullen Resources Limited
Slide 2: Disclaimer
DISCLAIMER IMPORTANT NOTICE For personal use only 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: Project Portfolio
PROJECT PORTFOLIO WEST PILBARA : 2 For personal use only IRON ORE ROYALTIES DRILL READY GOLD AND Ni S TARGETS Mt EUREKA SEVERAL EARLY-STAGE, GOLD and Ni S TARGETS PIPELINE PROJECTS IN W.A. Cullen Resources Limited
Slide 4: Potentially Valuable Iron Ore Royalties in the West Pilbara
2 POTENTIALLY VALUABLE IRON ORE ROYALTIES IN THE WEST PILBARA West Pilbara Iron Ore Project and Fortescue’s Proposed Western Hub For personal use only (WPIOP stage 1) Proposed Rail and Port – 40Mtpa operation API’s proposed railway and port Fortescue’s WPIOP including proposed Catho Well CID Western
Slide 5: Amongst Prolific Greenstone Belts with Long Histories of Exploration
For personal use only AMONGST PROLIFIC GREENSTONE BELTS WITH LONG HISTORIES OF EXPLORATION ~450 km2 CUL - 100% ~40 km strike MT EUREKA PROJECT – NE GOLDFIELDS, W.A. MT EUREKA PROJECT – Au and Ni TARGETS Cullen Resources Limited
Slide 6: At Least Four Strike-Extensive Gold Systems by Historical Drilling
AT LEAST FOUR, STRIKE - EXTENSIVE GOLD SYSTEMS BY HISTORICAL DRILLING 350000mE 360000mE For personal use only Mt EUREKA PROJECT Cullen Resources Limited
Slide 7: New Bedrock Interpretation from Aeromagnetics Data to Guide Drilling
NEW BEDROCK INTERPRETATION FROM AEROMAGNETICS DATA – TO GUIDE DRLLING By Comparison : only of Yandal Belt Yandal Belt “Overdrilled use but underexplored” (ASX:EAR, 10 Oct 2017) Belt – Next belt east 150,000 drillholes Eurekapersonal 4 million metres Mt Eureka Belt East of Yandal Belt MtFor 6000 dril
Slide 8: Gold Prospects: Shears and Granite-Greenstone Contact
For personal use only GOLD PROSPECTS : SHEARS and GRANITE – GREENSTONE CONTACT +/- CONGLOMERATE Cullen Resources Limited
Slide 9: Mt Eureka Project Next Gold Targets – Northern Half
For personal use only MT EUREKA PROJECT NEXT GOLD TARGETS – NORTHERN HALF greenstone NEXT DRILL TARGET - PARALLEL STRUCTURAL granite CORRIDOR TO SOUTHERN 1.0km GALWAY Sheared contact Cullen Resources Limited
Slide 10: Main Controls to Some Gold Prospects Known but Drilling Lacking
MAIN CONTROLS TO SOME GOLD PROSPECTS KNOWN - BUT DRILLING LACKING Greenstone SHEAR’s belt For personal use only Main gold prospects Granite Granite 5km IMPORTANT , SUBTLE STRIKE FLEXURE IN STRATIGRAPHY, SOUTHERN HALF OF GREENSTONE BELT Felsics/ ?CONTROLS GOLD sediments MINERALISATION Cullen Resource
Slide 11: Graf's Find Prospect – Domal Geometry Controls Gold System
For personal use only GRAF’S FIND PROSPECT – DOMAL GEOMETRY CONTROLS GOLD SYSTEM Cullen Resources Limited
Slide 12: AK47 and AK47East – Two Nickel Sulphide Target Trends
For personal use only AK47 and “AK47EAST” - TWO NICKEL SULPHIDE TARGET TRENDS Anomalous LAG LAGSAMPLE SAMPLE Pt 57ppb, Pd 12 ppb Ground EM Survey: 2 x 1km – two new bedrock conductors for drilling testing Area of historic drilling - GBD 2-7 (GBD2-7) at AK47 Area of ground EM survey Ni > 1% over 0.1-
Slide 13: Wongan Hills, W.A. Basemetal-Gold Target
WONGAN HILLS, W.A. BASEMETAL - GOLD TARGET Significant indicator element (Sn-Cu) anomaly in laterite For personal use only Favourable geology for: EL 70/4882 VMS Cullen 90%, (Golden Grove - type) Roger Thomson 10% Cu/Au deposits (Boddington - type) Landowner access agreements Calingiri-type Cu requi
Slide 14: Wongan Hills – Summary
WONGAN HILLS - SUMMARY • Favourable geological setting in an Archaean greenstone belt with For personal use only known Cu-Au mineralisation - prospective for VMS, orogenic gold and Boddington-style intrusive-related gold deposit types • Under-explored, plus 500 CHI6 (max 4355) and coincident plus 10
Slide 15: Cullen Targeting Lithium in Pegmatites, W.A.
For personal use only CULLEN TARGETING LITHIUM IN PEGMATITES, W.A. EX. LICENCES/APPS. - CENTRAL PILBARA, SE GREENBUSHES, AND YINNETHARRA REGIONS W.A. Photo of Greenbushes open pit and pegmatites from public viewing platform – Talison Ltd Cullen Resources Limited
Slide 16: Summary – Cullen Corporate
For personal use only SUMMARY - CULLEN CORPORATE ASX:CUL RENEWED FOCUS ON DIRECTORS EXPLORATION FOR Dr Denis Clarke - Chairman GOLD AND BASE Dr Chris Ringrose - MD METALS IN W.A. Mr Grahame Hamilton - Non Exec Mr John Horsburgh - Non Exec SALE and PURCHASE Mr Wayne Kernaghan - Co Sec AGREEMENT F
Slide 17: Thank you
For personal use only Thank you Chris Ringrose 0439 843 756 cullen@cullenresources.com.au www.cullenresources.com.au ATTRIBUTION – COMPETENT PERSON STATEMENT Information in this presentation may reflect past exploration results, and Cullen’s assessment of exploration completed by past explorers, whi
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