Announcement Date: 2022-01-10
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: Cullen Resources Ltd.
Project name: Barlee
Location: Australia
Commodities: Gold,Silver,Lead,Nickel
Highlight: Elevated gold, silver, lead, nickel in AC drilling
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Barlee is a “greenfield” project area of approximately 450 sq. km which extends from 10 – 55 km SSE of the Penny Gold (previously “Penny West”) deposit and the Youanmi greenstone belt, towards the NW tip of the Marda – Diemals greenstone belt. It covers significant strike of underexplored shear zones and numerous elongate and/or folded aeromagnetic anomalies (highs), which are interpreted to be intercalated greenstone within the granite terrane. An initial program of reconnaissance air core drilling (54 holes for 2102m) has been completed with traverses of some aeromagnetic anomalies accessible via existing fence line tracks (Fig.1). The objective of this program was to establish the presence of suspected, prospective greenstone stratigraphy, the range of lithologies, and preliminary bedrock geochemistry. Sheared greenstone-granite contacts will be the focus of follow-up exploration, targeting high – grade, gold lodes. Soil sampling has also been completed in the northern tenure (E57/1135), focused on magnetic anomalies and interpreted faults, with assays pending.
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