crc resource upgrade, page-2

22 November 2007

70% Upgrade for Wombola Dam Gold Resource

Cortona Resources is delighted to report a revised estimate for the Wombola Dam resource
at the Company’s North Monger project near Kalgoorlie.

Highlights include:
• 557,000t @ 3.0g/t Au for 53,500oz, an increase of 70%
• 10,300oz upgraded to ‘indicated category’
• 90% of resource within 50m of surface
• Cortona to investigate revenue scenarios

ABOUT CORTONA RESOURCES
Cortona Resources is a Perth based gold explorer with projects in Western Australia and New
South Wales hosting a resource inventory of ~390,000 ounces of gold. The Company has a
dynamic exploration team based in offices in Orange (NSW) and Kalgoorlie (WA). Cortona has
~76M fully paid shares on issue, and a fully diluted position of ~107M shares.