CUL 0.00% 0.5¢ cullen resources limited

This from May 31 2016 ann. Cullen Resources Limited (“Cullen” or...

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    This from May 31 2016 ann.

    Cullen Resources Limited (“Cullen” or the “Company”) has commenced a field review of targets areas for lithium pegmatite mineralisation within its Pilgangoora - Wodgina exploration licence applications, to include geological mapping and rock chip sampling. Priority targets within ELA 45/4682 include the area immediately west of the Wodgina mine and onstrike to the north of the Stannum Prospect (of Metalcity - ASX: MCT) -

    Cullen has also refined targets within ELA 70/4803, south west of the Greenbushes Mine. Compilation of publically available data highlights a target area on-strike from known pegmatite (Fig.2.). A field review has commenced to check access, and prospect through ELA’s 70/4803 and 4802 where permissible.  Tenement applications are being progressed under regulatory procedures. Pilbara (~200km 2) Cullen has two tenement applications in the Pilbara Region. (ELA 45/4626) is centred ~ 30km north east of the Pilgangoora Lithium deposits* where the world’s second largest deposits of spodumene (lithium bearing pyroxene) has recently been defined; and the second, (ELA 45/4682), lies in part immediately west of the Wodgina Mine**, one of the world's largest hard rock tantalum resources, and stretches north along strike and then east-west over a granite - greenstone contact

    I think tenement applications (91 actual days ?) are one thing, and exploration licences are another.

    Don't think tenement apps can granted then next day begin drilling.

    Can't see any hold up at Cullens end to be fair.
    Last edited by surfarosa: 01/10/16
 
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