Cullen Resources Limited · ASX:CUL
Cullen Resources — Shareholder Meeting (November 2022)
20 slides from Cullen Resources's shareholder meeting presentation, Nov 11, 2022
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 ANNUAL GENERAL MEETING Contact: 0439 843 756 11 November 2022 1 AGM November 2022 I © Cullen Resources Limited www.
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: Recent Rights Issue has added ~$0.95M
CULLEN RESOURCES LIMITED Corporate Snapshot: Recent Rights Issue has added ~$0.95M For personal use only Directors ✓ Greenfields Explorer Dr Chris Ringrose, Managing Director Mr John Horsburgh, Chairman Mr Wayne Kernaghan, Company Secretary ✓ Focused in WA Capital Number of Shares 487M Cash ~$0.3M (
Slide 4: Portfolio in Key Provinces
PORTFOLIO IN KEY PROVINCES 100% Projects Ownership & Funded Joint Ventures For personal use only LOCATION PLAN PROJECTS, JV’S & ASSETS DRILL-READY TARGETS: PROJECT GENERATION GOLD – BASE METALS W.A. / EARLY STAGE (100%) North Tuckabianna (100%), Cue ▪ Bromus, SE W.A. ▪ Wongan Hills (90%), ▪ Yornup,
Slide 5: North Tuckabianna Project, Murchison Gold Province, W.A.
NORTH TUCKABIANNA PROJECT Murchison Gold Province, W.A. For personal use only North Tuckabianna Project Targeting Cu-Au (Hollandaire-style) & Shear Zone Au 5 AGM November 2022 I © Cullen Resources Limited www.cullenresources.com.au
Slide 6: North Tuckabianna Project Broad Gold Anomaly
NORTH TUCKABIANNA PROJECT Broad Gold Anomaly (~150m across strata) with ~ multiple shear zones up to 10km High-grade gold core target - Follow-up RC Planned For personal use only 4.58 Au Anomalous AC Hole Target 1km TNAC 138 on this traverse: 5m @ 1.12 g/t Au July 2022 AC drilling targeted low-grade
Slide 7: Wongan Hills & Yornup Projects
WONGAN HILLS & YORNUP PROJECTS West Yilgarn Ni-Cu-PGE Province, W.A. For personal use only Narryer Terrane Targeting Ni-Cu-PGE and VHMS Mineralisation 7 AGM November 2022 I © Cullen Resources Limited www.cullenresources.com.au
Slide 8: Wongan Hills Greenstone Belt: Broadly Similar Geology to Julimar Complex
WONGAN HILLS GREENSTONE BELT Broadly Similar Geology to Julimar Complex For personal use only Berkshire Valley Wongan Hills – ASX: TRT metasedimentary siliciclastics & amphibolites, split along Bindi (Ni) major magnetic, stratigraphic and structural boundary Mt Yule, ASX: MI6 Wongan Hills Greenstone
Slide 9: Wongan Hills Project: Virtually Untested Magnetic Belt
WONGAN HILLS PROJECT Virtually Untested, Strike-extensive (~25km) Magnetic Belt For personal use only EXPLORATION LEADS TO DATE: ▪ Nickel sulphides discovered in ultramafic (Cullen’s RC6) –Rupert Prospect. ▪ Historical Hole 3466 – 7600ppm Ni with 2800 ppm Cr (WAMEX A18337) – supporting the general p
Slide 10: Barlee Project, Youanmi, W.A.
BARLEE PROJECT, YOUANMI, W.A. ~50km of strike SE of Youanmi Greenstone Belt, W.A. For personal use only Targeting Penny-type Au & Lithium in Pegmatites 10 AGM November 2022 I © Cullen Resources Limited www.cullenresources.com.au
Slide 11: Barlee Project - Youanmi, W.A.
Under-explored granite-greenstone Terrane BARLEE PROJECT – YOUANMI, W.A. for Au and Li For personal use only Magnetics Bedrock Image Interpretation Large Project Additional air core ~50km of strike south traverses planned for east of the Penny gold and lithium. Gold deposit. Pegmatites: 10km Max roc
Slide 12: Yornup Project EL 70/5405
YORNUP PROJECT EL 70/5405, West Yilgarn Ni-Cu-PGE Province, SE of Greenbushes For personal use only Surrounded by Anomalous Major Players Cr, Ni, Cu IGO and CHN 12 AGM November 2022 I © Cullen Resources Limited www.cullenresources.com.au
Slide 13: Yornup Project: Historical Ni-Cr-Pt Anomalies
YORNUP PROJECT Historical Ni-Cr-Pt Anomalies = Target Areas for Geochem Sampling For personal use only Proposed Soil Sampling Traverses (November start) 13 AGM November 2022 I © Cullen Resources Limited www.cullenresources.com.au
Slide 14: Mt Eureka JV Project
Mt EUREKA JV PROJECT North East Goldfields Province, W.A – Gold For personal use only MT EUREKA PROJECT – NORTHERN EXTENSION OF ROX’S MT FISHER BELT – Rox Resources earning up to 75%, – Cullen 25% (free carry to PFS) HIGH-GRADE RESULTS TO DATE (ROX) INCLUDE: ▪ MFRC075: 13m @ 6.81g/t Au from 45m, inc
Slide 15: Mt Eureka JV Project: Significant Nickel Sulphide Potential
North East Goldfields Province, W.A. – Mt EUREKA JV PROJECT Significant Nickel Sulphide Potential For personal use only (ASX:RXL;31-10-22) ▪ New high resolution aeromagnetic data and associated nickel sulphide pathfinder geochemistry in regolith (platinum and palladium) defines the extension of the
Slide 16: Mt Eureka JV Project: On-strike Nickel Sulphide Potential
Mt EUREKA JV PROJECT On-strike Nickel Sulphide Potential For personal use only MT EUREKA JV Rox Resources 75% & Cullen 25% 30km of Prospective Strike CAMELWOOD FISHER EAST 39kt @ 2.9% Ni NICKEL PROJECT – 2.5Km from – Cannon Resources Mt Eureka JV 16 AGM November 2022 I © Cullen Resources Limited www
Slide 17: Finnish JV Projects
FINNISH JV PROJECTS Strategic Alliance with Capella Minerals Limited (ASX:CUL;24-8-21) Central Lapland Greenstone Belt for Cu-Au For personal use only TARGETS INCLUDE: ▪ Potential extensions to Outokumpu’s Saattopora former gold-copper mine, and to S2 Resources (ASX:S2R) Aakenusvaara gold project. ▪
Slide 18: Finnish JV Project: New Exploration Area for Lithium
FINNISH JV PROJECT NEW EXPLORATION AREA FOR LITHIUM, Southern Finland For personal use only ▪ Cullen Finland Oy (owned 70:30 by Capella and Cullen) holds Perho Reservation (~50 sq km). ▪ Old quartz – feldspar –? (lithium) mines (Viitaniemi, Juuraako) are excised from Perho but it includes the lithiu
Slide 19: Bromus - Pipeline Project
BROMUS – PIPELINE PROJECT Norseman Region, W.A. – Early Stage Exploration For personal use only TARGETING: GOLD, LITHIUM IN PEGMATITES & Ni-Cu-PGE IN ULTRAMAFICS ▪ Cullen’s Bromus Project lies on-strike Callisto Pt-Pd-Au-Ni-Cu (ASX:GAL) to the south of known nickel prospects, has an untested histori
Slide 20: Narryer - Pipeline Project
NARRYER – PIPELINE PROJECT New EL Application adjoining the Narryer Terrane For personal use only Capricorn Orogen Region focus of exploration for REE, Nickel, Graphite and Gold Yilgarn Craton Large tenement area adjoining Narryer Terrane to the south of ELA09/2728 subject of IGO Ltd -Buxton JV. Inc
Cullen Resources — Shareholder Meeting (November 2022) on 6ix