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Cullen Resources Limited ( (AU:CUL) ) just unveiled an update.
Cullen Resources Limited, in collaboration with Lachlan Star Ltd, has announced a new phase of drilling at the Killaloe Gold Project in Western Australia, following the receipt of final assay results from their initial drilling program. The results have confirmed the potential for significant gold mineralization at the Duke and Duchess Prospects, prompting plans for deeper RC and Diamond drilling to explore high-grade areas and additional targets within the project. This development underscores the project’s potential to yield substantial gold discoveries in the under-explored Norseman region, which could enhance Cullen’s industry positioning and offer promising opportunities for stakeholders.
More about Cullen Resources Limited
Cullen Resources Limited is a Perth-based minerals exploration company with a diverse portfolio of multi-commodity projects. The company engages in joint ventures with key partners such as High Tech Metals, Capella, and Lachlan Star, and also pursues independent projects. Cullen focuses on identifying and developing exploration targets through data analysis, field reconnaissance, and early-stage exploration, with a primary focus on Australian commodities and selected international opportunities. The company holds royalties on iron ore production from several projects, including the Wyloo project and the Mt Stuart Iron Ore Joint Venture.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.16M
See more data about CUL stock on TipRanks’ Stock Analysis page.