InvestSMART

Cullen Resources Limited (ASX:CUL)

ALERT: Price-sensitive ASX Announcement for CUL
Current share price for CUL : $0.006 -0.001 (-14.29%)+
Announcement
Release
10 Jun 2026 9:19AM
Price at Release
$0.007
Full Release
download
Summary
Cullen Resources Limited has conducted exploration activities at the Yardilla Gold Project, which consists of the Lila and Cleanthes prospects. The company carried out reconnaissance air core drilling at these sites to map geology and enhance targeting, intersecting foliated and gneissic rocks with gold anomalies. Significant findings include shallow gold anomalies that lie close to fresh rock and are open in all directions. Future drilling is planned to test down dip of current anomalies and further investigate the structural and lithological sections. The project's geological setting includes imbricate thrust sheets and faults at the Proterozoic and Archaean boundary. Anomalous drill intersections suggest a gold trend that requires further exploration to fully understand the mineralization controls.
Key Points
  • Cullen has completed reconnaissance air core drilling at Lila and Cleanthes prospects.
  • Drilling intersected foliated and gneissic rocks confirming and extending historical gold anomalies.
  • Significant shallow gold anomalies were found near fresh rock.
  • Further drilling is planned to test current anomalies and structural sections.
  • The Yardilla project is situated at the Proterozoic and Archaean boundary.
  • Historical data support a gold trend needing further exploration.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.