Cullen Resources (ASX: $CUL) Quarterly Report Ending 30 June 2024

Cullen Resources Limited (ASX: $CUL) has released its Quarterly Report ending 30 June 2024, outlining its ongoing exploration activities in Western Australia and Finland. The company is targeting gold, base metals, rare earth elements (REE), and lithium in various prospects across its tenements. The report also highlights the company's royalties over future iron ore production from the West Pilbara region and carried interests in joint venture projects in Finland.

Executive Commentary

The company is focused on advancing its exploration activities across multiple projects in Western Australia and Finland. We are planning drilling, soil sampling, and mapping activities to test various prospects for gold, base metals, REE, and lithium. Additionally, we are pleased with the progress of our royalties over future iron ore production in the West Pilbara region and the carried interests in joint venture projects in Finland. These activities align with our strategy to identify and build targets based on data compilation, field reconnaissance, and early-stage exploration, and to pursue further testing of targets ourselves or farm-out opportunities to larger companies.

Summary

Cullen Resources (ASX: $CUL) continues to focus on its exploration activities, targeting gold, base metals, REE, and lithium in Western Australia and Finland. The company plans to conduct drilling, soil sampling, and mapping activities across multiple prospects to advance its projects. Additionally, Cullen Resources holds royalties over future iron ore production in the West Pilbara region and carried interests in joint venture projects in Finland. The company's strategy is to identify and build targets based on data compilation, field reconnaissance, and early-stage exploration, and to pursue further testing of targets itself or farm-out opportunities to larger companies. The outlook for Cullen Resources involves ongoing exploration efforts and the potential for future cash flow from its royalties and joint venture projects.