Cullen Resources Limited announced results have been received for 30 Air Core holes (TNAC91-120 for 1547m) completed in January to test three new targets. The drilling intersected regolith gold anomalies (3m @ 0.13 g/t Au from 60-63m to end of hole (EoH); and 4m @ 0.07 g/t Au from 52-56m) along sheared, lithological contacts at two targets along a NE-SW corridor. Four stratigraphic-structural target trends totaling about 10km in strike, lying undercover and below regolith/palaeochannel depth, have been identified from compilation of historical and recent drilling for follow-up infill air core and deeper RC drilling.

These highly prospective targets are essentially untested, as historical drilling has been either too shallow or failed to test bedrock below air core /RAB first refusal depth. The drilling also returned elevated silver values (44m @ 0.9 g/t Ag from 0 -44m EoH) in the area tested just north of the Hollandaire Cu-Au Resource, and geological interpretation suggests a target corridor for Hollandaire analogies may trend east-west and dip/plunge south for follow-up drilling. Drilling of the north-east target area consisted of just five holes 100m apart (TNAC 115-119) and intersected mafic-ultramafics +/- quartz veining.

TNAC 118 returned 3m @ 0.13 g/t Au from 60-63m to end of hole. This reconnaissance drilling highlights a north-east/south west trending magnetic horizon/lithological contact, 2.5km south west and 4km north east, which is an example of a prospective trend untested except for historical, wide-spaced RAB drilling (WAMEX, A32404).