Cullen Resources Limited (ASX:CUL) is a Perth-based minerals exploration company focused on identifying and developing drill-ready targets for gold, base metals, nickel, copper, lithium, iron ore and platinum group elements primarily in Western Australia with select opportunities in Finland. The company maintains a multi-commodity portfolio of wholly-owned projects including Wongan Hills, Mt Eureka, Bromus South and North Tuckabianna, alongside joint ventures with partners such as High-Tech Metals, Capella Minerals, Lachlan Star Resources and others; it holds a retained 1% FOB royalty on iron ore production from the former Mt Stuart Iron Ore Joint Venture tenements and associated decision-to-commence-mining payments. Founded in 1982 through the merger of predecessor entities and headquartered at Unit 4, 7 Hardy Street, South Perth, Western Australia, Cullen prioritizes greenfields exploration, target generation through data compilation, field reconnaissance and early-stage activities, with a strategy to advance projects independently or via farm-outs to larger operators targeting Australian terranes and selective international prospects. In September 2025, Cullen completed the sale of its Wyloo Iron Ore Royalty to Vox Royalty Australia Pty Ltd for A$1.5 million in cash, retaining separate mining commencement rights from FMG Pilbara; recent activities include Wongan Hills RC drilling results, Yardilla Project option exercise and additional gold anomalies, Killaloe JV progress, and Tropicana-style gold exploration at Yardilla, reflecting ongoing expansion of high-potential targets.