Cullen has applied for pretty much everything North of the below -
28 August 2009 Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000 WONGAN HILLS JOINT VENTURE HIGHLIGHTS Joint venture ground located adjacent to the extensive Ninan System of copper-gold mineralisation with encouraging drill hole intercepts. The adjoining Mystery lead-zinc (gold-arsenic-tungsten) anomaly carries pathfinder geochemistry indicative of Volcanogenic Massive Sulphides. Host sequences are Archaean greenstones and have gold prospectvity. Incoming party, Quadrio, can earn 80% by the sole expenditure of $400,000 with Red River then at 15% and Iron Mountain at 5% equity respectively. Red River Resources Limited (ASX:RVR, “Red River”) is pleased to announce that, in conjunction with Iron Mountain Mining Limited (ASX:IRM, “Iron Mountain”), it has entered into a Joint Venture with Quadrio Resources Pty Ltd (“Quadrio”), a subsidiary of Dominion Mining Limited (ASXOM, “Dominion”), whereby Quadrio can earn an initial 80% equity in exploration licences E70/2437, E70/2443 and E70/2728 by the expenditure of $400,000. Should this expenditure be completed, the respective equities of Red River and Iron Mountain in the joint venture will be 15% and 5%. The southern, most prospective, part of the joint venture adjoins E70/2343 where exploration work by Dominion has delineated numerous copper and gold drill hole intercepts in the Ninan Cu-Au System (see Figure 1) as well as the Mystery leadzinc anomaly which has coincident Au, As and W anomalism and which is elevated in Volcanogenic Massive Sulphide pathfinder elements Indium (In), Bismuth (Bi), and Antimony (Sb). The Ninan and Mystery mineralised zones can be interpreted to occur in a prospective mineralised corridor that extends into the Joint venture tenements. Drill hole intercepts in the Ninan system include: 44m @ 0.75% Cu from 36-80m incl. 5m @ 3.79% Cu & 1.87g/t Au from 75-80m (EOH). 26m @0.72% Cu 42m @ 0.40% Cu 6m @ 1.4% Cu. The host rock sequences are Archaean greenstones and therefore also hold gold potential.
This from Dominion in 2005
Significant shallow gold mineralisation also intersected.
Intersections include :- 3m @ 1.83 g/t Au. 6m @ 1.01 g/t Au. 15m @ 2.06 g/t Au (including 3m @ 6.27 g/t Au.) and 24m @ 1.17 g/t Au (including 3m @ 6.66 g/t Au.).
.....................
- Forums
- ASX - By Stock
- Exploration Permit Application
Cullen has applied for pretty much everything North of the below...
Add CUL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.160M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 4608456 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 135000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 183530 | 0.012 |
1 | 90820 | 0.011 |
1 | 99900 | 0.010 |
2 | 178000 | 0.009 |
1 | 1428714 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 45602 | 1 |
0.015 | 75598 | 1 |
0.016 | 80000 | 1 |
0.017 | 711750 | 1 |
0.018 | 267069 | 1 |
Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
CUL (ASX) Chart |
Day chart unavailable