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Cullen Resources Ltd.
Summary
| Project: | Wongan Hills | |
|---|---|---|
| Deposit: | Wongan Hills | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/21/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-2-2019: Cullen Resources Ltd. announces an Exploration/Drilling Update report for its Wongan Hills deposit at the Wongan Hills project. Drilling results incl. 5m @ 866ppm Au. WONGAN HILLS, E70/4882, 5162 and ELA 70/ 5201, ~180 km north-east of Perth, b | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Chris Ringrose (Internal) | |
| ABSTRACT: | WONGAN HILLS, E70/4882, 5162 and ELA 70/ 5201, ~180 km north-east of Perth, base metals and gold project (Cullen 90% - Tregor Pty Ltd 10%). First-pass air core drilling over transported regolith on-strike of an extensive “CHI-3” laterite geochemical anomaly (see 4th Quarter report 2018, ASX 31 Jan 2019) has defined a significant copper +/- multielement trend in weathered to fresh bedrock, open in both directions along strike (“Prospective Corridor”). Air core copper anomalies of > 300ppm in 5m composites (best 5m @ 866 ppm) were returned along this 1.2km corridor. This Prospective Corridor, directly on strike from the core of the previously reported “CHI-3” geochemical index anomaly in laterite, is flanked by a trend of VTEM conductors, some of which have coincident magnetic anomalies. Ground EM surveying (in progress) is targeting two VTEM anomalies within the core of the CHI-3 laterite anomaly, and a third VTEM anomaly within the air core drilled, Prospective Corridor. The targets are spread over ~3km of strike. In summary, the Prospective Corridor and its on-strike CHI-3 geochemical anomaly is a prime target for Volcanic Hosted Massive Sulphides (VHMS) with deeper RC drilling planned to follow completion and interpretation of ground EM data. | |
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