Cullen Resources Limited announced BARLEE PROJECT, W.A. - targeting Penny - type Gold, prospecting for Lithium-in-Pegmatites (Cullen 100%). Barlee is a "greenfield" project which extends from 10 - 55 km SSE of the Penny Gold deposit (previously "Penny West") and the Youanmi greenstone belt, towards the NW tip of the Marda - Diemals greenstone belt. It covers significant strike of underexplored shear zones and numerous elongate and/or folded aeromagnetic anomalies (highs), which are greenstone (including mafics-ultramafics) intercalated within the granite terrane.

A short program of prospecting and rock chip sampling of pegmatites was completed in July prior to postponement due to rain. An initial suite of 17 samples was collected, mainly from the south-east corner of E77/2688 near Trainers Rocks where pegmatites have been mapped by the Geological Survey of Western Australia. Assay results show elevated to anomalous levels of lithium and some indicator elements (Ta, Cs, Sn and Rb), which have identified a fertile environment for lithium-bearing pegmatites.

A maximum value of 768 ppm Li2O was recorded, with 6 samples collected in the immediate area averaging 417ppm Li2O. Moderately anomalous pegmatites were also sampled 6 km to the north on the same trend. Cullen considers these assay results support the potential of the project for lithium in pegmatites given: the small sample suite assayed to date; and, the significant strike extent of granite-greenstone contacts within the project.

The characteristic spatial zonation of minerals and elements typical of Lithium - Caesium -Tantalum (LCT)-type pegmatite fields, supports further investigation. A soil sampling program is planned to test alluvial- covered areas around Trainers Rock and also to the west, testing the interpreted granite-greenstone contact and fracture zones. Further in-fill soil sampling was also completed on a 100 x 50m grid (64 samples) around the previously-reported gold-in-soil spot anomalies (7 and 15 ppb Au (background <1ppb).

No extension of these anomalies was located on the previous 400 x 100 m grid. These new soil samples will be analysed following collection of <2 micron Ultrafine fraction, and microwave digestion in Aqua Regia for gold and multi-elements. All assays pending.