West Perth-based Moly Mines Ltd will sell its New South Wales gold assets, held though subsidiary Big Island Mining Ltd, to West Leederville's Cortona Resources Ltd in a cash and scrip issue, the company announced today.

West Perth-based Moly Mines Ltd will sell its New South Wales gold assets, held though subsidiary Big Island Mining Ltd, to West Leederville's Cortona Resources Ltd in a cash and scrip issue, the company announced today.