Gold
| Project | Province | JV Partner / Manager | Target Type / Comments |
|---|---|---|---|
| Gunbarrel | Northeastern Goldfields, Yillgarn Craton WA | Cullen Resources | Structurally controlled |
| Laverton | Shear-hosted | ||
| Agnew | Shear-hosted? | ||
| Woodcutters | E Goldfields, Yilgarn Craton WA | Cullen Resources | Tropicana-style? |
| Killaloe | Structurally controlled | ||
| Lady Grace | High-grade quartz veins; mafic-sediment contact; porphyry-style | ||
| Hardy Junction | Ashburton, WA | Intrepid | Shear - hosted |
| Duchess | Mt Isa region, QLD | Cullen Resources | Shear-hosted, Tick Hill style; |
Gunbarrel (Cullen 100%)
The Gunbarrel Project (in the North Eastern Goldfields) is located ~90km E of the Yandal Gold Belt. It covers granite-greenstone terrane, prospective for both gold and nickel ore deposits. Exploration by Cullen resulted in the discovery of significant gold mineralization at the Southern Prospect in 2002. Intensive RC drilling of the Central Zone at Southern, returned encouraging intersections including: 2m @ 10.0 g/t from 50m and 7m @ 9.0 g/t Au from 116m in hole MERC 74; and 9m @ 6.2 g/t Au from 98m in MERC 75. Gold mineralization occurs in shallow dipping quartz lode zones hosted by mafic rocks. Interpretation of airborne magnetic data indicates numerous other untested gold targets across the project. During 2007, Cullen reassessed the areas’ overall gold potential using laterite geochemistry and prospecting, and has outlined a ~12km x 3.5km gold-arsenic-antimony anomaly (maximum Au result of 258 ppb by fire assay) in lateritic residuum which includes the known Southern Prospect and a new target area where visible gold in quartz veins and surface gold nuggets have been found. Following a re-interpretation of regional and high resolution aeromagnetic data covering the target zone, aircore drilling programs are being undertaken to explore various targets.
View Gunbarrel Poster pdf
View Irwin Bore - Gunbarrel Project pdf
Laverton (Cullen 100%)
As part of its on-going project generation, Cullen has a tenement application in an area located approximately 50km SSE of Laverton and approximately 10km ENE of the Cleo-Sunrise Dam gold mine.
Following a review of historic exploration data, Cullen designed a geochemical sampling programme with respect to the distribution of subcrop, transported cover and fully preserved lateritic domains, and collected 105 samples of mainly ferruginous lateritic gravels and lag at 1-2 km spacing. Preliminary results show a 2500 x 500m laterite anomaly (>4.5ppb) with a maximum concentration of 53ppb Au along the eastern granite-greenstone contact. Cullen will fully evaluate the geochemical data including multi-element assays and then decide upon further work.
View Agnew / Laverton Banner pdf
Agnew (Cullen 100%)
EL36/632 covers ~200km2 of granite and greenstone terrane south of the Agnew-Lawlers gold mines in the Lawlers greenstone sequence. Located close to a major E-W drainage, the southern part of EL36/632 is considered prospective for sediment-hosted and calcrete-hosted uranium deposits. In addition, the eastern portion of the tenement is highly prospective for primary and laterite-hosted gold mineralization along a greenstone sequence that hosts several large gold deposits including: Goldfields’ Songvang open pit; and the Genesis and New Holland mines owned by Barrick Gold, 5-10km along strike to the north. Thick, transported overburden covers the entire tenement area and is likely to have rendered previous surface exploration ineffective. There is no record and very little evidence of any exploration drilling within the tenement area and it is therefore considered unexplored despite its proximity to existing mines, i.e., the project area represents a "brownfields" exploration setting. A geochemical orientation survey using plant matter was completed and results show a good correlation between the geochemical signatures and the interpreted bedrock stratigraphy. Several gold anomalies ranging from 10 to 57 ppb Au (which is considered to be highly anomalous in this sample type) indicate a high potential of the tested sequence to host gold mineralisation.
View Agnew Project 2009 pdf
Woodcutters near Norseman (Cullen 100%)
The Company has one Exploration Licence (EL28/1662) in the "Woodcutters" area east of its Killaloe gold-nickel project area, near Norseman. The area is within an important, emerging, new exploration corridor which includes the Tropicana and Beachcomber gold discoveries and where there is a major exploration push by Newmont-SIPA, and Anglogold-Independence Group. An announcement by SIPA reports a new gold prospect (“Socrates”, with 29 m @ 2.1 g/t Au) in an area located ~ 30km east of Cullen’s Woodcutters Project. Targets defined by Cullen for gold mineralization include: low-level, copper-gold and arsenic geochemical anomalies from calcrete sampling, and a prominent NNW-SSE stratigraphic trend interpreted from aeromagnetic data to be a banded iron formation (BIF). A reconnaissance aircore drilling program (11 holes for 480 m) was completed to provide regolith control and some bedrock information. Although the drilling results show very weak Au anomalism in the calcrete and lignite horizons (max. 37 ppb Au) within the transported overburden, and these may be the source of the surface Au anomalies detected in the regional calcrete sampling survey, the origin of the Au enrichment in lignite and calcrete remains unclear. None of the fresh rock or saprolite samples has anomalous gold concentrations. Cullen is reviewing the data and considering further work.
View Killaloe, Woodcutters, Cundeelee Projects pdf
Lady Grace (Cullen 100%)
The Company has signed an Option to Purchase Agreement with Killoran Pty Ltd, Kurana (Kurana) Pty Ltd and associates, which provides the opportunity for Cullen to purchase a group of four tenements in the Coolgardie area of Western Australia, namely: M15/128, MLA15/876, M15/237 and PL15/4593. M15/128 (Lady Grace), adjoins the well known McPherson's Reward gold mine. An initial RC drilling programme (12 holes for 1024m) was completed at the Coolgardie Gold Project in early 2008. Best results included: 5m @ 2.72 g/t Au from 60m and 3m @ 60.6 g/t Au from 69m (including 1m @ 173 g/t Au) from within M15/237 (Melanie Anne). These results, showing gold mineralisation related to quartz veining and sulphidic porphyry and dolerite, underline significant potential for high-grade, lode-style mineralisation within the Melanie Anne prospect area and a follow-up RC drilling programme has been planned.
View Coolgardie Geology and Tenement Location pdf
Ashburton - Hardy Junction
Intrepid Mines, operator of the Paulsens Gold Mine located approximately 15km north of the Hardey Junction JV ground, has completed a review of prospectivity for gold and iron deposits within the Joint Venture tenements, and is continuing to refine targets for further gold exploration.
Exploration is focused at the Paddy's Well Prospect (E08/1166) where sampling to date has defined a curvilinear anomaly (values >12ppb Au) with a strike length of approximately 500m. Rock chips samples from within the area of the soil anomaly consistently return >1.0 g/t Au, and further soil sampling along strike is expected to extend the target zone further. Intrepid plans to complete 10 RC holes (from 80m to 220m depth) following completion of a heritage survey. The target mineralised trend appears to be related to thrust faulting.
View Ashburton Projects - Simplified Geology and Tenement Location pdf
Killaloe (Cullen 100%)
Killaloe is located approximately 25km NE of Norseman in the Eastern Goldfields of WA and covers approximately 150 km2 of Archaean greenstones between the Zuleika Shear and the Boulder-Lefroy Fault at the southern end of the Norseman-Wiluna Greenstone Belt, an area highly prospective for gold. The Killaloe Project covers about 20 strike kilometers of greenstones and includes the Duke, Baseline, Cashel, Peninsula and Killaloe gold prospects which are highly prospective for structurally controlled gold deposits. At Cashel, a sub-cropping narrow quartz vein with bonanza-grade native gold was discovered by pitting. At the Duke Prospect, previous drilling returned 4m @ 5.6g/t Au from 8m depth and several other >1g/t Au intercepts. Cullen has completed plant-based surveys (~460 samples) across previously identified geophysical and geochemical (RAB and AC drilling) Au, Ni and kimberlite targets, as well as along a broad corridor (2.5 x 1.5km) that includes Au occurrences at Cashel. In view of the recent gold discovery (Musket) announced by Avoca, located approximately ~6km SE of Cashel, deep drill testing of the Cashel gold trend and of other significant Au prospects (Duke) is planned.
View Killaloe Location Plan pdf
View Location of Cashel and Duke Prospects pdf
View Killaloe Geology Map
Duchess/Tick Hill Region
This project is located south of Duchess within the Mt Isa Inlier in the vicinity of the regional-scale Pilgrim fault and several historical and/or modern copper-gold (Trekalano) and gold deposits (Tick Hill), and a copper-gold-rhenium deposit at Kalman (see following figure).
Previous exploration has included work by Arimco/Delta (1991-1998) in a search for Starra-type Cu-Au mineralisation, and by Minotaur (2005) who targeted IOCG-style mineralisation in the Corella Formation near zones of structural complexity.
Fieldwork by Cullen has identified high-grade gold in colloform banded quartz veins associated with favourable structural settings and indications of broad hydrothermal alteration. These features are considered by Cullen to indicate the area is prospective for Tick Hill-type gold targets. Tick Hill produced ~500,000 ozs from deposit of ~700,000t @ 22.5 g/t Au, mined 1991-1994. Cullen has also mapped several north-trending Feoxide bodies with indications in surface geochemistry of Cu +/- Au mineralisation considered by Cullen to be prospective for Starra-type Cu-Au deposits.
Field inspection with an expert consultant, concluded that the high-grade gold mineralisation at surface is epithermal and low-sulphidation. Together with red rock alteration this is representative of an epigenetic IOCG-style mineralisation system within the Pilgrim Fault Zone.
The results of Cullen's exploration programme will be incorporated with prior exploration results. The quartz Fe - oxide lodes, cross cutting structures and the porphyry intrusions, considered to be part of a possible IOCG mineralising system, offer further prospectivity.
View Duchess / Tick Hill Region Map
Diggers and Dealers - Cu-Au PROSPECTS DUCHESS - QLD Poster
