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An update from Cullen Resources Limited ( (AU:CUL) ) is now available.
Cullen Resources Limited announced the commencement of a maiden drill program at the Killaloe Gold Project, managed by Lachlan Star Ltd. This development marks a significant step in Cullen’s exploration efforts, potentially enhancing its market position and offering promising opportunities for stakeholders involved in the joint venture.
More about Cullen Resources Limited
Cullen Resources Limited is a Perth-based minerals exploration company with a diverse portfolio that includes joint ventures with partners such as Rox, Capella, and Lachlan Star. The company focuses on identifying and developing exploration targets through data compilation, field reconnaissance, and early-stage exploration, with projects primarily in Australia and some overseas. Cullen holds royalties on iron ore production from several projects, including the Wyloo project and the former Mt Stuart Iron Ore Joint Venture.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.77M
Learn more about CUL stock on TipRanks’ Stock Analysis page.