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An update from Cullen Resources Limited ( (AU:CUL) ) is now available.
Cullen Resources Limited has announced amendments to its previous release regarding two substantial gold-in-calcrete anomalies at the Yardilla project, located along the Yilgarn craton’s highly prospective SE margin. These anomalies, named ‘Lila’ and ‘Cleanthes’, are untested by RC drilling and present significant exploration targets in a geological setting akin to the Tropicana deposit. The company plans to conduct further exploration activities, including soil sampling and drilling, to assess the potential of these gold anomalies. This development marks a significant opportunity for Cullen as the Yardilla project offers unexplored and underexplored targets, potentially leading to new discoveries in a favorable geological landscape.
More about Cullen Resources Limited
Cullen Resources Limited is engaged in mineral exploration, primarily focusing on identifying and developing gold deposits. The company operates within the mining industry, with a particular interest in exploring the Yilgarn craton region in Western Australia, known for its rich geological settings similar to the Tropicana gold deposit.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$3.47M
For detailed information about CUL stock, go to TipRanks’ Stock Analysis page.
