🕐16.09.10 - 08:54 Uhr

Transit Holdings [ASX: TRH] - Iron ore update from Johnston Range



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Transit Holdings [ASX: TRH] - Iron ore update from Johnston Range

Transit Holdings (ASX: TRH) is continuing to advance its Yilgarn Iron Ore strategy with a view to fast-tracking the assessment of its iron ore assets, and aiming at initial mineral resources being estimated by mid 2011.

Highlights:

� Field validation of geophysical anomalies identifies and confirms drilling targets
� Drilling approval process commenced
� Drilling contractor secured for planned December Quarter drilling

Please find details in the attached announcement.

For further information, please contact:

Richard Monti
Executive Director

Tel: +61 8 9482 0515

Jonathan Lea
CEO - Iron Ore

Tel: +61 8 9482 0515

Media:
Fortbridge Consulting
Tel: +61 2 9331 0655
Luke Dean

Mob: +61 414 535 433


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