+++++++++++++++++++++++++ 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
