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Cullen Resources Limited ( (AU:CUL) ) just unveiled an announcement.
Cullen Resources reported progress across its gold and base metals portfolio, including clearance from Traditional Owners to begin air core drilling in early May at the Yardilla Gold Project in Western Australia. The company will test historical near-surface gold anomalies at the Cleanthes and Lila prospects, while emphasising its ongoing collaboration and heritage engagement with the Ngadju.
At the Marymia project, Cullen has secured access agreements for two exploration licence applications near established gold operations, with mapping and sampling to follow grant. In the Wongan Hills greenstone belt, reconnaissance drilling at the Wongan Prospect returned the company’s highest copper assays to date outside a laterite anomaly, with the mineralised zone remaining open along strike.
Internationally, Cullen’s 20% carried interest in a Finnish joint venture with Capella Minerals advanced with nearly 2,000m of diamond drilling completed at the Killero E gold-copper project and new Base of Till sampling at Seisunselka and Jolhikko. In other joint ventures, partners High Tech Metals and Lachlan Star maintained or prepared exploration activities, underscoring a pipeline of drilling and geochemical programs that could expand Cullen’s resource base over the coming quarters.
More about Cullen Resources Limited
Cullen Resources Limited is an Australian mineral exploration company focused on gold, copper and base metals projects, primarily in Western Australia and through joint ventures in Finland. Its portfolio includes early-stage and advanced exploration tenements in greenstone belts and cratonic terrains, often near existing gold deposits and operating mines, targeting structurally controlled and intrusive-related mineral systems.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$5.55M
For detailed information about CUL stock, go to TipRanks’ Stock Analysis page.