In Finland, Cullen will follow a prospect generator/farm-out business model as practised by the company over the past several years in Australia. This is an appropriate and prudent approach which utilises the excellent public geological databases in Finland and the low tenure costs in the early stages of exploration. Cullen will focus on exploration for lithium, gold, copper and cobalt. Cullen has had significant previous experience prospecting and exploring in Finland and has good contacts with well-regarded geological consulting groups based in Scandinavia to facilitate efficient operations.
Just been reading this geo survey paper from 2015. It's an overreview of the latest mapping trends in Finland. Seems Finland's applying these latest methods/technologies to its massive geo data bases to get more accurate details of minerals deposits.
The map on page 34 shows Li in the same region as the map on page 63 where it mentions Kaustinen and spudumene. The same region is identified in the GTK report that CUL refers to. From the GTK report, the area around 'Rita' has the highest potential for Li and CUL just got its RN application for that area approved.
Finland. Good move imo.
CUL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
