03:29 PM EST - Reliance Resources Ltd. : reported that drilling has commenced at the Tanoyan Gold property on Sulawesi island, Indonesia. The company recently released an updated independent NI 43-101 report for Tanoyan which more than doubled the Inferred Resource Gold Ounces to 208,000 Oz. In the light of this positive result and the clear potential, the company has embarked on a 10,000 metre, diamond drilling program which is designed to further increase the mineral resources. Reliance Resources Ltd.
shares T.RI are trading down $0.01 at $0.24.
