Cullen Resources Limited · ASX:CUL
Cullen Resources — Shareholder Meeting (November 2007)
32 slides from Cullen Resources's shareholder meeting presentation, Nov 26, 2007
Slide 1: Cullen Resources Limited Annual General Meeting
For personal use only Cullen Resources Limited Annual General Meeting Nov 26th 2007
Slide 2: Important Notice
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 in Cullen,
Slide 3: Cullen Fundamentals
Cullen Fundamentals For personal use only y Directors Dr Chris Ringrose (Managing Director) Dr Denis Clarke (Chairman) Wayne Kernaghan (Company Secretary) John Horsburgh (Director) Grahame Hamilton (Director) y Chief Geologist Dr Matt Cornelius y Number of shares – ~481M with 16M unlisted options y
Slide 4: Cullen – Strategy and Focus
Cullen – Strategy and Focus For personal use only y MULTI-COMMODITY SEARCH THROUGHOUT AUSTRALIA y DISCOVERY-DRIVEN , MAINLY GREENFIELDS PROJECT GEN. y FARM-OUT STRATEGY IN TANDEM WITH PROJECT GEN. y COMPETITIVE EDGE THROUGH GEOCHEMICAL EXPERTISE y DEVELOPING A SUBSTANTIAL TARGET INVENTORY
Slide 5: Share Graph - 2007
For personal use only Share Graph - 2007
Slide 6: Work for 2008: WA Project Portfolio - Exploration Progress
WORK FOR 2008 For personal use only WA Project Portfolio - Exploration Progress
Slide 7: Cullen's Top Ten Targets for 2008
CULLEN'S TOP TEN TARGETS FOR 2008* TARGET COMMODITY TARGET TARGET NEXT PHASE OF CULLEN AREA TYPE MARKED BY EXPLORATION INTEREST% (Partner) Catho Well Channel Iron Known resource Extension RC drilling & baseline 30% Deposit (CID) (68Mt @ 55.38% Fe) environmental studies (API) » Coolgardie Shale/Quart
Slide 8: Ashburton and West Pilbara JV Projects
Ashburton and West Pilbara JV Projects For personal use only
Slide 9: West Pilbara – Mt Stuart Iron Ore JV with API
West Pilbara – Mt Stuart Iron Ore JV with API For personal use only
Slide 10: West Pilbara Channel Iron Ore Projects
West Pilbara Channel Iron Ore Projects For personal use only
Slide 11: Catho Well Channel Iron Deposit Extension
Catho Well Channel Iron Deposit Extension For personal use only
Slide 12: Wyloo Iron JV (Metawandy)
Wyloo Iron JV (Metawandy) For personal use only
Slide 13: "Snowy Mountain" Iron JV near Paraburdoo
“Snowy Mountain” Iron JV near Paraburdoo For personal use only
Slide 14: Tunnel Creek – Uranium Channel Radiometrics
Tunnel Creek – Uranium Channel Radiometrics For personal use only
Slide 15: Coolgardie Gold Project
Coolgardie Gold Project For personal use only
Slide 16: Coolgardie Gold Project
Coolgardie Gold Project For personal use only AERIAL PHOTO
Slide 17: Coolgardie Gold Project – Melanie Ann Prospect
For personal use only Coolgardie Gold Project – Melanie Ann Prospect
Slide 18: Melanie Ann Prospect
For personal use only Melanie Ann Prospect
Slide 19: Melanie Ann Prospect
For personal use only Drill hole intersection of 20m @ 2.8 g/t Au Melanie Ann Prospect
Slide 20: Coolgardie Project – Lady Grace Prospect
Coolgardie Project – Lady Grace Prospect For personal use only PLANNED WORK: - mapping; sampling and compilation; - RC drilling
Slide 21: NE Goldfields Projects – Nickel and Gold
NE Goldfields Projects – Nickel and Gold For personal use only
Slide 22: Gunbarrel BHP Billiton JV - Nickel
Gunbarrel BHP Billiton JV - Nickel For personal use only “AK47 Prospect” N 2007 RC Drilling GBD2 – 0.2m @ 1.93% Ni, 0.42% Cu, 0.7g/t Pt+Pd Within 0.65m @ 0.9% Ni, 0.2% Cu, 0.45 g/t Pt+Pd Extensive untested ultramafic stratigraphy 18km
Slide 23: Gunbarrel – New prospect area for gold targeted
Gunbarrel – New prospect area for gold targeted For personal use only Quartz Fe oxides Disseminated gold 1cm
Slide 24: Woodcutters – in emerging new exploration corridor
Woodcutters – in emerging new exploration corridor For personal use only Calcrete anomalies defined – Air core drilling to follow
Slide 25: Woodcutters – grass roots gold project
Woodcutters – grass roots gold project For personal use only First pass reconnaissance sampling has generated regional scale anomalies
Slide 26: Woodcutters "lake" scenery
For personal use only Woodcutters “lake” scenery
Slide 27: North East Goldfields Uranium Projects
North East Goldfields Uranium Projects For personal use only
Slide 28: Stirling Uranium Target – "Down-channel" from Maitland
Stirling Uranium Target – “Down-channel” from Maitland For personal use only Maitland U N Stirling Project EL37/851 4 km
Slide 29: Agnew Project – Uranium and Gold Targets
Agnew Project – Uranium and Gold Targets For personal use only N 5km Palaeochannel for calcrete-hosted uranium targets Gold targets on greenstone stratigraphy (from aeromagnetics interpretation)
Slide 30: NE Goldfields - Wonganoo Ni and Au targets
NE Goldfields - Wonganoo Ni and Au targets For personal use only Aeromagnetic Data Geochemical anomalies of nickel and gold Major Faults Komatiite horizons
Slide 31: Forrestania Project
FORRESTANIA For personal use only PROJECT 12km north of Western Areas’ Flying Fox nickel deposit
Slide 32: Overall Performance 2006-2007
OVERALL PERFORMANCE 2006-2007 SHARE PRICE INCREASE IN 2007 - >300% For personal use only PROJECT PROTFOLIO ENHANCED – COMMODITY AND GEOGRAPHIC SPREAD INCREASED EXPLORATION TEAM STRENGTHENED - Dr Matt Cornelius FOCUSED EXPLORATION EXENDITURE ON NEW 100% PROJECTS HIGH LEVEL OF EXPLORATION AC
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