Cortona Resources Limited

 ASX:CRC ISIN:AU000000CRC9

Sep 21, 2014

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Cortona Resources Limited Company Summary

 Cortona Resources Limited (ASX:CRC) is an emerging Australian gold company with a portfolio of advanced gold projects in New South Wales and Western Australia. The Company is focused on the exploration and development its 100%-owned Majors Creek Project, located 60km east of Canberra in New South Wales, where it is currently undertaking a Definitive Feasibility Study (DFS) on the Dargues Reef Gold deposit (1.44Mt @ 6.2g/t gold for 286,000oz).

Majors Creek was the largest historic alluvial goldfield in NSW producing more than 1.25 million ounces. The Dargues Reef deposit is expected to be the Company’s first operating mine following positive scoping study results indicating average annual production of 45,000 ounces over an initial mine life of 5 years.

Cortona’s multi-pronged plan is to progress the Dargues Reef DFS in conjunction with aggressive near- mine and regional exploration programs to underpin a long-term gold business.
 

COMPANY DATA

 
Company Headquarters Principal Office 
    Ground Floor, 22 Oxford Close 
    West Leederville, WA 6007 
    AUSTRALIA 
Company Telephone +61-8-6380-1093 
Company Fax +61-8-6380-1387 
Company Principal Sector Materials 
Company Principal Industry Mining & Metals 
Company Homepage www.cortonaresources.com.au/
 

Key Developments: Cortona Resources Limited
 Asian Activities Report for September 8, 2011: Encounter Resources (ASX:ENR) Announce Significant Recent Advances at the Yeneena Copper Project
SEP 8, 2011 12:07 - Article Views: 4,048
Asian Activities Report for September 8, 2011 includes: Encounter Resources Limited (ASX:ENR) provides an update on a number of significant recent advances made at the BM1 and T4 prospects at the Yeneena project in Western Australia; Cortona Resources Limited (ASX:CRC) said today that the NSW Planning Assessment Commission has approved the Company's application to develop its flagship Dargues Reef Gold Mine in NSW; Canyon Resources Limited (ASX:CAY) has received further shallow high grade gold results from its Tonbody Project in Burkina Faso; Hastings Rare Metals Limited (ASX:HAS) announced a major increase in the JORC compliant resources at its Hastings rare metal-rare earth deposit in Western Australia; NTPC Limited (BOM:532555) has signed a Joint Venture Agreement with Ceylon Electricity Board for setting up a 500 megawatt coal based power station in the Eastern Province of Sri Lanka.
 Australian Market Report of October 5, 2010: Leyshon Resources Limited (ASX:LRL) Targets Coking Coal Assests In South Western Mongolia
OCT 5, 2010 14:30 - Article Views: 5,392
Australian Market Report of October 5, 2010 includes: Leyshon Resources Limited (ASX:LRL) is targeting coking coal exploration assests in South Western Mongolia; Brumby Resources Limited (ASX:BMY) reported high grade manganese rock samples up to 52% Mn; MetroCoal Limited (ASX:MTE) joint venture with China Coal is underway; Cortona Resources Limited (ASX:CRC) discovered new shallow gold mineralised structures in NSW.
 Cortona Resources Limited (ASX:CRC) Drilling Results At Dargues Reef Gold Project Reveals Bonanza Gold Lode
APR 12, 2010 11:45 - Article Views: 4,389
Cortona Resources Limited (ASX:CRC) is pleased to report further drilling results at its 100%-owned Dargues Reef Gold Project in NSW, which highlight the discovery of a bonanza lode which remains open along strike and at depth. The intersections in DREX226 include 5.7m @ 97.1g/t Au (including 3.8m @ 143.6g/t), 2.8m @ 39.1g/t Au and 5.5m @ 14.4g/t Au.
 Australian Market Report of November 18: Boosted by Rise in Commodities Prices
NOV 18, 2009 13:00 - Article Views: 7,694
Wall Street closed slightly higher overnight on a round of buying in energy and materials companies. But more stocks fell than rose as retailers such as Target and Home Depot's disappointing holiday spending outlooks raised concerns over the strength of recovery.
 Cortona Resources Ltd (ASX:CRC) Discovers Significant New Gold Exploration Target 1.3Km From Dargues Reef
FEB 3, 2009 10:39 - Article Views: 3,169
Australian gold Company Cortona Resources Ltd (ASX:CRC) is pleased to announce the discovery of a highly significant gold-in-soils anomaly at its 100%-owned Majors Creek Gold Project in NSW. The anomaly is located 1.3km south east of the Dargues Reef deposit, where the Company is completing a Scoping Study based on a high grade resource of 1.44Mt grading 6.2g/t (286,000 contained oz). The discovery of the new Dreadnought gold exploration target is the result of an ongoing regional soil sampling program at the Majors Creek Project. Samples were collected on a 50m by 50m grid.

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