Cullen Resources Limited · ASX:CUL
Cullen Resources — Investor Presentation (February 2013)
20 slides from Cullen Resources's investor presentation, Feb 14, 2013
Slide 1: Investor Update
AGMRESOURCES CULLEN NOVEMBERLIMITED , 27 2012 For personal use only IInvestor t Update U d t Chris Ringrose , Managing Director February 2013 ASX : CUL Mt Eureka Project , NE Goldfields WA
Slide 2: Disclaimer
Disclaimer For personal use only IMPORTANT NOTICE This presentation has been prepared by b Cullen C llen Resources Reso rces 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 purc
Slide 3: Cullen's Fundamentals
Cullen’s Fundamentals ASX ASX:: CUL For personal use only Experienced Board and Management Number of shares : 718M Dr Denis Clarke - Chairman Unlisted options : 22M (6-7.5c) Dr Chris Ringrose - Managing Director Cash ~ $1.4M (31/12/12) Mr Grahame Hamilton - Non Exec Market Cap: ~ $18M (@ 2.5
Slide 4: Mt Eureka Project, NE Goldfields WA - Nickel
Mt Eureka Project, NE Goldfields WA NICKEL For personal use only 40 strike km of ultramafics adjoining and north of new nickel sulphides discovery at Fisher East by Rox Resources Limited (ASX:RXL)
Slide 5: Mt Eureka Project
121° 122° HORSE WELL Mt Eureka Project YANDAL Au N 40 kilometres For personal use only JUNDEE MT EUREKA Wiluna Great address CAMELWOOD COLLURABBIE MT FISHER Under explored DUKETON 27° MT KEITH Au + Ni Gold and nickel p potential CLIFFS MT McCLURE BRONZEWING MELROSE YAKABINDIE New nickel sulp
Slide 6: Mt Eureka Project
Mt Eureka Project For personal use only VTEM Conductor 11m @ 0.86% Ni and/or Ni prospects (40 - 51m) 51 ) (Cullen) VTEM Conductor “AK47” prospect (Rox Resources) 0.2m @ 1.93% Ni Limit of previous VTEM surveying Cullen project New target area ~10 km strike for VTEM survey Camelwood first step 20m @ 1
Slide 7: Mt Eureka Project
Mt Eureka Project For personal use only TAIPAN Gold prospect Ultramafics Target stratigraphic package (~10km) prospective for Planned VTEM p nickel sulphides Survey Silverbark Camelwood VTEM conductors 20m @ 1.1% Ni (Rox Resources) Corktree
Slide 8: Mt Eureka Project, NE Goldfields, WA - Gold
Mt Eureka Project, NE Goldfields, WA GOLD For personal use only Connermara 32m @ 0.2 g/t Au Eureka • Proven region for gold – Yandal Northwest Belt to west, west Duketon Belt to 7,0 60,00 0 mE south east • Strong aircore / RAB gold 9m @ 6.2 g/t Au + + ++ ++ ++ +++ anomalies – Southern, Eureka ++ +++
Slide 9: TL Property, British Columbia
TL Property, British Columbia For personal use only Base metal sulphides discovered
Slide 10: From treetop sampling to massive sulphide
From treetop sampling to massive sulphide For personal use only “TL Property” Cullen earning 80%
Slide 11: Diamond drill core – TL Property DDH04
Diamond drill core – TL Property “DDH04” For personal use only Semi-Massive sulphide : pyrite-pyrrhotite it h tit – sphalerite (~2% Zn)
Slide 12: Gossan float near subcrop
Gossan float near subcrop – 200m from drilling For personal use only 2.25% Zn, 267ppm Cu
Slide 13: North Tuckabianna, Murchison, WA
North Tuckabianna, Murchison, WA For personal use only • Proven region for gold • Proven mineralised structure for gold - (Tuckabianna Shear Zone) • Prospective for base metal, metal VMS deposits • Previous exploration mostly shallow drilling • Hollandaire Discovery by Silver Lake Resources Ltd (ASX
Slide 14: North Tuckabianna – untested VTEM anomalies
North Tuckabianna – untested VTEM anomalies For personal use only , , x Drill holes completed 6,982,500 mN GRANITE April – Sept 2012 x x Cullen tenement Colonel NT 3 NT1-3 Strong VTEM anomaly ((drilled)) Mt Eelya Moderate VTEM anomaly E20/714 E20/714 Weak VTEM anomaly FELSIC EELYA NT 1 EM conductors
Slide 15: Mt Stuart Iron Ore JV Project
Mt Stuart Iron Ore JV Project For personal use only Major Proposed Development in the West Pilbara by API API seeking to develop de elop Anketell Port RFC Ambrian appointed by Cullen for possible transaction on Cullen’s asset API’s proposed railway and port Cullen owns 30% of the Catho Well CID Rese
Slide 16: Catho Well CID – West Pilbara
Catho Well CID – West Pilbara For personal use only 30% owner of 98Mt @ 55% Fe Resource part of proposed WPIOP – Stage 1 in JV with AQA/AMCI (ASX : AQA)
Slide 17: Copper and REE in Namibia
Copper and REE in Namibia - targeting KCB and Tsumeb - type pipes For personal use only Cullen’s TSUMEB Tenements 30 Mt @ 4.3% Cu produced SABRE DISCOVERY 107M @ 1.15% Cu KLEIN Aub 5.5 Mt @2% Cu, 50g/t Ag Produced
Slide 18: Clear path forward and focus for 2013
Clear path forward and focus for 2013 For personal use only Zinc sulphides Discovered - Target ?June drilling Generation – Scandinavia and Namibia WEST PILBARA IRON ORE JVs – Follow-up drilling Reserve and Resources North Eastern Goldfields – Near term Nickel, Gold Priority for Drilling Murchison -
Slide 19: Why Cullen?
WHY CULLEN ? For personal use only Rapidly advancing high priority nickel targets in North Eastern p Goldfields Goldfields, W.A. - next to Rox’ new nickel discovery First pass drilling completed at base metals, TL property in B.C. - further drilling scheduled to establish the full potential of t
Slide 20: Attribution - Competent Person Statements
Attribution - Competent Person Statements For personal use only The information in this report that relates to Exploration Results is based on information compiled by Dr Chris Ringrose, Managing Director, Cullen Resources Limited who is a Member of the Australasian Institute of Mining and Metallurgy
Cullen Resources — Investor Presentation (February 2013) on 6ix