Morning trading February 18, page-3

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    CUL solid announcement today

    WONGAN HILLS PROJECT: EL’s 70/4882 ,5162, ELA 70/5414 (Cullen 90%)
    ~150 km NE of Perth, targeting Volcanic-Hosted Massive Sulphides (VHMS)
    RUPERT PROSPECT
    In December 2020, two RC holes at Rupert (ASX:CUL, 28-1-2021) tested the
    northern and southern ground EM (Electromagnetic) conductor plates below
    historic gold and silver soil geochemistry. Encouragingly, this drilling intersected
    semi-massive to massive pyrite with minor pyrrhotite in shale and siltstone at
    mafic volcanics-sediment interfaces. (Cullen is one of many companies
    experiencing delays in receiving assays with December/January reverse
    circulation, air core drilling and soils sampling results still pending, Figs.1 and 3).
    The late - time channel, VTEM image from Rupert (Fig.1) shows strong responses
    over a strike length of ~ 4km. Cullen considers this highlights a target stratigraphic
    corridor which is prospective for Cu-Zn-Ag - (Au) ore bearing massive sulphides
    potentially of the Jaguar* type, and this week will commence:
     Ground FLEM geophysical surveying (Fixed Loop EM) to better define
    VTEM (Versatile Time Domain EM) anomalies immediately to the south of
    Cullen’s previous exploration along the Rupert Trend (see Fig. 1), and;
     A program of soil sampling targeting the prominent trend of untested
    VTEM anomalies at the southern end of the Rupert Trend (Fig. 1). This may
    be followed by ground FLEM to better locate any conductors.
 
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