Thursday, 14 June 2007: Focus of Drilling Switched to Adelaide Fold Belt Copper Targets

ABSTRACT:

Copper Range has completed the second of its drill holes in the Olympic Domain (Eastern Gawler Block) in South Australia, where the Company is seeking iron oxidecopper-gold-uranium (IOCGU) deposits.

The hole (PCDDH1) tested the ‘Pepita’ target, a subtle gravity feature in the Company’s Pernatty ‘C’ tenement. After drilling through sedimentary cover of siltstones and sandstones, the hole intersected basement granite at a depth of 386.5m. The hole terminated at 594m in granite.

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