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Additional information
Additional Information
Market: ASX
Sector: Gold Mining
Epic: ASX:CRC
News: Latest news
Web Site: Cortona Resources
Other Articles: 18-05-201013-04-201024-03-2010

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Saturday September 04, 06:00Serving up support at Babcock

Support services have been among the worst performing sectors over the past month as revenue fears from the government’s austerity measures weigh heavily on the sector.

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Friday September 03, 11:40 Goldcorp snatches Andean Resources in $3.6bn deal, trumping Eldorado`s earlier bid

Both companies are vying for Andean`s Cerro Negro gold project, which is an advanced-stage, high-grade vein system, comprising 215 square kilometers. It currently has indicated resources of 2.54 million ounces of gold and 23.56 million ounces of silver, while inferred resources total 523,000 ounces of gold and 3.12 million ounces of silver.

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Wednesday September 01, 10:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Cortona Resources

Cortona Resources

Cortona Resources is a junior gold explorer with a small market capitalisation who maintain exposure to growing gold resources that present significant exploration upside.

Wednesday, June 16, 2010

Cortona Resources hits more high grade gold at Dargues Reef

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Emerging Australian gold company Cortona Resources (ASX: CRC) has reported further "excellent" results at its 100%-owned Dargues Reef Gold Project in New South Wales with drilling extending and strengthening the northern node and high grade gold intercepts expected to increase the resource.

Intercepts extended the high grade lode parallel to the Main Lode with results including: 9.9m @ 32.2g/t (including 3m @ 101.3g/t); 1m @ 21.5g/t , 1.5m @ 18.2g/t; and 9.8m @ 8.42g/t (Main Lode).

The parallel lode currently measures ~145m x 170m and is open at depth and along strike.

Peter van der Borgh, managing director, said the results are expected to increase the current indicated and inferred resource of 1.44Mt @ 6.2g/t for 286,000oz gold (comprising 175,200oz inferred and 110,800oz indicated categories).

Drilling has now extended the northern lode for 150m along strike and for a vertical distance of 175m. Estimated true widths are up to 5.8m and the lode remains open along strike and at depth. Drilling will test the continuity of this new lode.

The company said the Definitive Feasibility Study on the Dargues Reef Gold Project is proceeding as planned. Many of the independent studies have been received and are being compiled into the final EIA for submission to the NSW State Government.

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