Cullen Resources Limited (AU:CUL) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Cullen Resources Limited’s subsidiary, Cullen Metals Pty Ltd, has initiated a strategic expansion by acquiring a majority interest in a gold exploration license in Western Australia’s Eastern Goldfields. The deal, which forms part of the larger Yardilla project, aims to capitalize on the region’s gold prospects, including the Lila and Cleanthes sites. This move enhances Cullen’s exploration footprint to approximately 325 square kilometers, promising potential growth in gold discoveries.
For further insights into AU:CUL stock, check out TipRanks’ Stock Analysis page.