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January 2011

27/01 - Independent inquiry call on Araluen mine

The Araluen and Major's Creek communities in the New South Wales south east have called for an independent inquiry into a proposed gold mine.

There is concern the Dargues Reef development will harm the surrounding environment, and people voted unanimously for an investigation this week.

Residents say the inquiry should use experts nominated by the community, but must be paid for by the developer, Cortona Resources.

A Greens Councillor on the Palerang Shire Council, Catherine Moore, says the mine paves the way for more damage.

20/01 - Govt pans gold mine's green credentials

Three NSW Government agencies have criticised the environmental assessment for a $240 million gold mine at Majors Creek near Braidwood, saying it is ''inadequate'', ignores climate change and contains ''little or nothing'' on managing toxic spills.

But Perth-based company Cortona Resources remains confident its plans to establish ''Australia's next major new gold mine'' will go ahead, and recently told prospective investors the mining lease ''is expected to be approved in line with the approval of the environmental assessment''.

12/01 - Plums Lode extended, drilling recommences at Majors Creek

Wednesday , 12 Jan 2011

Plums Lode extended ~150 metres below current resource, 2 RC rigs in operation targeting additional near mine resources

Latest results extend Plums Lode a further 150m down plunge of current resource envelope
6m @ 5.63g/t gold from 478m (within a zone of 10m @ 4.07g/t from 474m)
Two RC rigs have recommenced shallow drilling at Majors Creek targeting near mine prospects:

Extensions to Ruby Lode and Chinaman's
Other recent discoveries at Hughen and Carmine
New areas of interest

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