Fast Facts

Directors & Executives

Current Share Holding (as of 18/01/10)

Company Highlights

• Several exciting mineral projects, which host a growing resource base, located close to existing infrastructure.

• Global Gold Resource 2.3Mt @ 4.96g/t Au (366,300oz) JORC compliant.

• Gold and nickel resources that remain open along strike and at depth present significant exploration upside.

• Resource drilling continues with mine scoping and feasibility studies now underway at Dargues Reef (NSW), gold resource currently 1.44Mt @ 6.2g/t Au (286,000oz).

• Positive Independent Scoping Study completed on potential development of Dargues Reef: initial 188,000oz of gold production over 4.5 years, cash operating costs of approx A$470/oz, estimated A$68.4M pre-tax profit, 68% IRR (at A$1,150/oz) estimated pre-production capital cost of approx A$30M, early cash flow, considerable mine life and production upside.

• Initial Metallurgy results from Dargues are outstanding with 99% gold concentrated by gravity and floatation, 52% of gold is recoverable by gravity alone, 98% recoveries by combined gravity and cyanide leach.

• Recent purchase of the land package that surrounds and incorporates the flagship Dargues Reef Mining Lease.

• Inferred shallow nickel laterite resource at Black Hills (WA) estimated to be 30Mt @ 0.64% Ni for 192,000t of contained metal within 40m of the surface.

• Experienced board management with professional exploration teams based in Orange and Perth and aggressive ongoing exploration programs.

• Cortona maintain a total tenement holding covering 1,560 square kilometres of prospective ground in both NSW and WA.

Company Overview

Cortona are an active, cashed up, junior gold explorer with a small market capitalisation who maintain exposure to growing gold resources that present significant exploration upside.

CRC listed on the ASX in March 2006, the over subscribed issue raised an initial $3.5M to fund exploration on several gold projects in Western Australia. During their inaugural year CRC successfully explored and gradually built-up its gold and nickel resource base within the promising North Monger Project. In July 2007 CRC purchased several prospective NSW gold properties from Moly Mines Ltd, the cash and shares deal included the acquisition of the flagship Majors Creek Project (Dargues Reef). CRC currently retain a JORC compliant resource base of 366,300oz of gold complemented by the Black Hills nickel resource.

The Board of Directors includes three geologists who are acutely focused on resource growth and project development. Cortona now hold exploration projects in NSW and WA, in excess of $10M in cash. The Company has approximately 170Million fully paid shares on issue and a dynamic team of exploration geologists operating from regional bases in Orange and Perth. The Company’s exploration objective during 2010 is to firm up and improve the existing resource at Dargues Reef and to also generate a cash flow from the Wombola deposits whilst still exploring and targeting mineralized zones and anomalous areas identified within the Company’s extensive tenement portfolio.

The healthy resource inventory is set to expand significantly during 2009, with a resource upgrade of the Dargues Reef deposit expected later this year. The company is targeting a +500,000oz gold resource by years end at Dargues.