CUL 0.00% 0.7¢ cullen resources limited

Very encouraging assays...

  1. 179 Posts.
    CULLEN RESOURCES LIMITED 2002-07-31 ASX-SIGNAL-G

    HOMEX - Sydney

    +++++++++++++++++++++++++
    HIGHLIGHTS

    EXPLORATION

    GUNBARREL GOLD

    Very encouraging assays from scout aircore drilling at the Southern
    target area, with 4m @ 23.7 g/t Au in MEAC 14. Follow up drilling
    planned in August. Results to come from recent geochemical drilling.

    KILLALOE NICKEL

    Sipa identifies prospective geological targets along prospective
    rock units. EM surveying locates over 30 conductors. RC/Diamond
    drilling planned in current quarter.

    GUNBARREL NICKEL

    WMC EM survey locates coincident EM and magnetic anomalies. New
    nickel/copper lag anomaly located over local magnetic high.

    PETER HAMBRO MINING PLC

    Net proceeds amounting to A$2.03 million received from sale of 70% of
    Cullen's shares in AIM listed Peter Hambro Mining plc.

 
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