Cullen Resources Limited announced that Five broadly-spaced, moving-loop TEM (MLEM) survey lines were completed by Southern Geoscience Consultants Pty Ltd. (SGC) within E70/4882. Surveying targeted specific VTEM, magnetic and/or Ni-Cu soil anomalies of interest, and south of Ni-Co anomalies in previous drill holes WHAC148 and 151 and the area covered by 2020 and 2021 ground EM surveys. Three new bedrock conductors - C4, C5 and C6 - have been detected:one at Rupert and two at the Rupert South Prospect.

Of these, C5 (on line 6592450mN) is a significant target. It was detailed by a follow-up Fixed Loop EM profile (FLEM) which confirmed a strongly anomalous bedrock source (2000S), dipping gently to the west, a top 80m below surface, and modelled plate dimensions of 40m x 100m. C5 is located at the northern tip of an untested magnetic belt and just south of Ni-Co air core anomalies (WHAC148 and 151).

C4 (on line 6590100mN) is a large bedrock conductor, dipping moderately to the west, modelled as a 400m x 400m plate, 150 m below surface with a conductance of 270S. C6 (on line 6590650mN) like C4, is a broad anomaly dipping moderately west but with conductance about half of C4. Modelling shows a large 400m x 700m plate with a top just 25-30m below surface.

RC drill hole positions have been determined by SGC for testing C4 and C5 and/or C6, and air core and in-fill TEM are also proposed along trend south of C5.