CUL 0.00% 0.6¢ cullen resources limited

Cullen, page-3

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    buy :with long term view. results should come out in the near future,sipa +wmc joint ventures.

    Sipa recognises similar geology to Kambalda-Widgiemooltha nickel
    district. Prospective basal ultramafics contacts identified, some
    target areas already defined with gossan assays to 1.2% Ni. Ground EM
    surveys and RAB /aircore drilling in June Quarter.

    GUNBARREL NICKEL:

    WMC reports three prospective nickel targets. Granting of E53/818 &
    837 is immininent and will result in an expanded nickel exploration
    programme by WMC. WMC plans ground EM surveys in June Quarter prior
    to drilling in September Quarter.
 
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