RELODE LIMITED 2002-07-22 ASX-SIGNAL-G
HOMEX - Perth
+++++++++++++++++++++++++
ReLODE Limited (RLD) commenced drilling the first drill hole within
its 100% owned Toondina Dam project within the Gawler Craton of South
Australia on Sunday 21 July 2002. The detailed ground-based magnetic
and gravity survey at the Ockenden project, located 15km to the
north-northeast of Toondina Dam has also commenced.
ReLODE is today pleased to announce that it commenced its first major
drilling campaign of up to eight drill-holes on 100% owned tenement
EI.2936 on Sunday 21 July 2002. The campaign at Toondina Dam and
Ockenden will test two significant copper-gold targets in a suitably
prospective part of the Gawler Craton south of Oodnadatta. The
targets, identified by ReLODE, are concealed under a cover of younger
sediments.
Diamond drill hole TNADDH001, located at MGA Zone 53; 565,115E /
6,903,285N within the Toondina Dam project will test the eastern
side of an approximately 1 km long magnetic anomaly located at the
northern termination of a prominent gravity feature. Further drill
holes will follow to test other parts of this geophysical target.
The acquisition of detailed ground magnetics and gravity data at the
Ockenden project, located 15km to the north-northeast of Toondina Dam
and within EL2936, also commenced on Sunday 21 July 2002.
Refer to the 10 July 2002 ASX release for detailed information (in
Toondina Dam and Ockenden.
Dr Robin FC Morritt
MANAGING DIRECTOR
A copy of the full announcement,including Figure 1 & Figure 2 is
available in PDF format on www.asx.com.au. Alternatively it is
available for purchase from ASX Customer Service on 1 300 300 279
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