Cullen Resources Limited has announced encouraging progress at the Killaloe Project in the Norseman region of Western Australia. The news, issued following the receipt of the final assay results from the maiden drilling program conducted by joint venture partner Lachlan Star Limited, details a range of significant gold intercepts and outlines plans for a new phase of drilling. The drilling techniques utilized included both reverse circulation and aircore methods, with key results such as a 4‐metre intercept at 0.43 grams per tonne (g/t) gold, as well as additional 4‐metre intercepts registering 0.22 and 0.15 g/t gold. Other notable intercepts reported include a 9‐metre section at 2.11 g/t gold featuring a 2‐metre segment at 8.60 g/t gold and a 6‐metre segment at 2.33 g/t gold, reinforcing the prospect’s considerable potential. These assay results confirm the extensive, shallow gold system surrounding the Duke Prospect and support the presence of broad mineralised zones that remain open in multiple directions. The drilling data, which extend over more than 425 metres along strike in the Duke Main Zone, suggest the presence of high-grade feeder structures and provide a rationale for follow-up work. According to management, the company is now preparing to initiate deeper reverse circulation and diamond drilling to further delineate high-grade areas and to test additional targets across the project area. The Killaloe Project, which encompasses several exploration and mining tenements in a prolific greenstone belt, continues to show promise for significant new gold discoveries. From a bullish perspective, the robust assay results and the clear demonstration of extended mineralisation trends bolster the case for the project’s exploration upside. The advanced stage of the initial drilling and the company’s commitment to follow-up work using more targeted drilling methods could drive further positive developments, attracting investor interest given the location’s proximity to major gold producers. On the bearish side, the project remains in an early exploration phase, and significant risks persist. The reported intercepts are downhole lengths with true widths yet to be established, and the economic viability of the mineralisation remains unproven until further drilling and more comprehensive resource studies are completed. This dual sentiment reflects the inherent uncertainties of exploration yet highlights the potential upside as positive drill results continue to emerge.