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Cullen Resources Ltd.
Summary
| Project: | Wongan Hills | |
|---|---|---|
| Deposit: | Wongan Hills | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Copper-Cobalt-Lead-Molybdenum-Nickel | |
| Date: | 7/18/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-7-2019: Cullen Resources Ltd. announces an Exploration/Drilling Update report for its Wongan Hills deposit at the Wongan Hills project. Drilling results incl. 1m @ 3.72% Cu, 0.3g/t Au, 28ppm Ag from 36m. In January 2019, Cullen Resources Limited (“Cull | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Chris Ringrose (Internal) | |
| ABSTRACT: | In January 2019, Cullen Resources Limited (“Cullen “or “the Company”) completed first pass air core drilling (Phase I - 47 holes for 1,940m) that intersected a sequence of mafic rocks and metasediments overlain by buried laterite (ASX: CUL, 21 Feb 2019). In March 2019, Cullen completed further air core drilling (Phase II - 5 holes for 290m , 19WAC48-52) below some of the better copper anomalies from the January air core programme. As in the January programme, the drilling encountered transported clay, a buried laterite horizon (+/- pisolites) and saprolitic bedrock above fresh, variably laminated quartz-amphibole rocks (interpreted to be mafics and/or metasediments). Assays from these programmes defined a significant copper +/- multi-element trend in weathered bedrock, copper >300ppm in 5m composite or 1m samples, open in both directions along strike and coincident with a trend of interpreted VTEM bedrock conductors (“Prospective Corridor”). Hole “19WAC48”, drilled within the Prospective Corridor in March 2019, returned the most significant result of 5m @ 0.82% Cu, 0.34 g/t Au with 215 ppm Bi from 55-60m depth, composite sample. 1m re-sampling returned – 1m @ 3.40% Cu with 1.5 g/t Au from 55-56m. The VTEM response around this drill hole was modelled by Southern Geoscience Consultants (SGC) as SSE striking along the Prospective Corridor over ~150m, and from a vertical depth of 150m. The magnetic model in this area is slightly displaced from the VTEM model, with a similar strike and interpreted steep dip but from a shallow (~30m) depth. | |
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