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24/03 - Deep Hole Commences and High Grade Results

Cortona Resources would like to inform you of todayÔÇÖs ASX Announcement.

Dargues Reef Phase 2 Drilling Commences: Underpinned by Further High Grade Results

Deep drilling to test several key targets ahead of resource upgrade

HIGHLIGHTS

  • Phase 2 drilling campaign commences at Dargues Reef Gold Project in NSW, focusing on ÔÇ£Dargues DeepsÔÇØ zone.
  • Further significant intersections returned from Phase 1 drilling include:
  • 22m @ 5.74g/t gold and 0.27% copper from 158m (incl. 10m @ 8.70g/t gold with 4m @ 0.9% copper)
  • 17m @ 6.27g/t gold from 47m (incl. 4 m @ 15.1g/t gold)
  • 30m of visual mineralisation observed in latest hole at ~500m depth, with assay results pending.
  • Significant resource upgrade expected mid-year.


The Phase 2 drilling will comprise a parent hole with five or six ÔÇÿdaughtersÔÇÖ
wedged from it, and is expected to be completed by mid June.

To read the full announcement, please click the following link;

http://www.cortonaresources.com.au/IMG/pdf/190_-_Deep_Exploration_Hole_C...

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