Yearly Archives: 2013

Camelwood Drilling Update

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Highlights:

  • Thicker drill intersections such as 7.4m @ 1.9% Ni continue
  • High grade drill results, including 1.45m @ 3.6% Ni, 0.68m @ 5.9% Ni, and 0.74m @ 3.8% Ni
  • Geological model confirmed
  • Heritage survey completed and PoW approved for newly granted exploration licence E53/1716

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High Grades From Camelwood

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Highlights:

  • Diamond drill hole assays received, including 1.2m @ 5.2% Ni and 3.1m @ 3.4% Ni
  • Drill intercepts included some very high grades, viz. 0.7m @ 7.8% Ni and 0.4m @ 5.4% Ni
  • RC drilling continues to intersect nickel sulphides extending mineralisation further north to a strike length of over 800m
  • Platinum Group Element (PGE) assays received for diamond hole MFED001

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VTEM Survey identifies multiple conductors, Mt Eureka Project

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Highlights:

  • Cullen Resources Limited (Cullen) is pleased to announce that preliminary interpretation of a recently completed airborne EM
    geophysical survey (VTEM) indicates multiple bedrock conductive zones in the southern part of its Mt Eureka Project*
    (see Figures 1-3);
  • The conductive zone which hosts the Camelwood nickel sulphide discovery of Rox Resources Limited (Rox), continues
    on-strike into Cullen’s recently granted E53/1637 tenement for about 1.3km;
  • There are three, first order bedrock conductive anomalies/trends with no previous nickel exploration or drill testing; and,
  • Prospecting of these conductors and planning for follow-up ground EM surveying will commence immediately.

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Camelwood Exploration Update

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Highlights:

  • RC hole MFEC010 returns 22m @ 1.4% Ni from 118m, including 9m @ 2.0% Ni from 119m
  • Further RC drilling has extended the strike length of mineralisation to at least 700m
  • Diamond drilling continues to intersect massive and disseminated sulphides
  • Ground EM results indicate strong conductors at depth north of Camelwood
  • Down-hole EM results indicate stronger conductors below current drilling
  • RC and diamond drilling ongoing

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