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May 2011

PALERANG: OUR FUTURE is underway

27 May 2011

Council has begun a series of community consultation forums to hear what its residents and ratepayers have to say about the future of our local Palerang area.

Those taking part are being asked to comment on what they value most about the Palerang area now, what they see as challenges facing Palerang and how these may be addressed to make Palerang a better place to live in the future.

10/05 - Waratahs exploration (Majors South)

The Majors South project is comprised of a single exploration licence which covers an area of approximately 260 km2. The project is located 65km south east of Canberra and 5km south of the Majors Creek gold project held by Cortona Resources Limited (ASX:CRC) which continues to yield spectacular bonanza gold grades at Dargues Reeef of up to 103g/t. The current resource at Dargues Reef is 1.44Mt @ 6.2g/t for 286,000oz (http://www.cortonaresources.com.au/).

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