The Joint Research Centre recently obtained a license to operate a new experimental device intended for research in the field of nuclear safeguards. The research projects currently being planned for the new device includes mass determination of fissile materials in matrices and detection of contraband non-nuclear materials. The device incorporates a commercial pulsed neutron generator and a large graphite mantle surrounding the sample cavity. In this configuration, a relatively high thermal neutron flux with a long lifetime is achieved inside the sample cavity. By pulsing the neutron generator, a sample may be interrogated by a pure thermal neutron flux during repeated time periods. The paper reports on the design of the new device and the pulsed fast and thermal neutron source. The thermal neutron flux caused by the neutron generator and the graphite structure has been characterised by foil activation, fission chamber and (3)He proportional counter measurements.