CUL ann - Still waiting for assay results - - (49 holes for...

CUL ann - Still waiting for assay results - - (49 holes for 1674m) of this underexplored project. A set of assay data has now been received for composite samples but assays for gold for all these samples are pending and will be reported as soon as received.
Five targets defined by structure and/or soil anomalies were tested with three intersecting prospective bedrock below cover (Fig.2). Interpretation of the assay results received to date include anomalous Ag results and suggest that Targets 1, 2 and 3 warrant further follow up work, as several Ag anomalies were intersected at air core refusal depth (ASX:CUL;15-1-2024).
REE anomaly
In addition to these results, Cullen notes the occurrence of a REE anomaly of 9684ppm TREO in a 5m composite sample of lignite (40-45m) , at the clay/lignite boundary in hole BSAC004 (Target 4). The 5m composites from 20 55m (35m) in this hole average 2407ppm TREO.
Several air core drill holes at Targets 4 and 5 intersected palaeochannels sediment (~40m thick) with lake clays, layers of fine quartz sandstone with diagenetic pyrite, and a basal lignite – but no bedrock (estimated to be below 60m). Only selected holes from these clay-dominant profiles have been submitted for REE assay (BSAC019, BSAC004 and BSAC009) to date as reported herein (P.6).