CULLEN Resources Limited

North Tuckabianna

Port Hedland

Wyndham

PERTH

Newman

Kalgoorlie

Meekatharra

Geraldton

Wiluna

PROJECT LOCATION

GOLD, COPPER

E20/714

Mt Eelya

Rapier

Hollandaire 9.3m @ 15.4% Cu

2.5 kilometres

NT 2

NT 1

NT 3

N

Colonel

Along strike of Tuckabianna gold deposits

VTEM completed and RC drillingimminent

Recent Hollandaire discovery by ‘SLR’ - 9.3m @ 15.4% Cu, 2.0 g/t Au and 29.0 g/t Ag

Prospective for base metal, VMS deposits, last explored in mid 1970s

Prime position near planned New Gold mill

)

Cue

Big Bell

Quinns/AustinCu-Pb-Zn

NORTH TUCKABIANNA

PROJECT

Ultramafic

Sediment (shale)

Felsic

Greenstone sequence

Granite and gneiss

N

20 Kilometres

Base Metal target

Gold deposit

Mt Magnet

Hollandaire

Colonel

Geological setting

VTEM results

Geochem results

Proposed drilling

Cu-Tl-Ag

ZINC in ferruginous gravel(default kriging)

Zn ppmmax. 224

10

20

30

40

50

60

70

80

90

100

110

120

130

140

150

160

170

180

190

200

610000 615000 620000 625000

6960000

6970000

6980000

Cu-Tl-Ag

COPPER in ferruginous gravel(default kriging)

610000 615000 620000 625000

Cu ppmmax. 616

20406080100120140160180200220240260280300320340360380400420440460480500

Cu-Tl-Ag

GOLD in ferruginous gravel(default kriging)

Au ppbmax. 28

-0

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

610000 615000 620000 625000

Granite

Granite

Basalt

Basalt

Granite

Fel

sic

/ Maf

ic

Basalt

Eelya Felsic Complex

E20/714

E20/714

EM126

EM267

EM298

EM147

Eelya South

Mt Eelya

Rapier

Colonel

Hollandaire 9.3m @ 15.4% Cu

White Well

2.5 kilometres

N

Cu-Bi-Au

NT 2

NT 1

NT 3

Cullen Rockchip:1658ppm Cu1519ppm Zn

31ppm Te262ppm Co

EM

Dat

a Im

age

EM conductors (SLR’s Quarterly 17/1/2012)

Gold deposit

Cullen tenement

Strong EM Anomaly (Conductor)

Surface geochemical anomaly

Moderate EM anomaly

Weak EM anomaly

Proposed drillhole location