So....
Some further investigation reveals that the current draw is NOT 340ma but 34ma, I misread the lab power supply but the multi meter set me straight, so that makes the "over current" error even more of a mystery?
I have tried 2 different boards from 2 different sources and I get the same error.
I have a friend who "knows a bit about electronics" (yes I know..... But desperate times call for desperate measures) who is going to have a look at it for me on the weekend.
I've also been given some opto isolated relay boards designed for use with Arduinos:
Opto isolated relay board
They take 12v inputs so I've made a simple voltage divider circuit and have 12v tapped off 24v working using my lab PS as a source, this is activating the relay as expected. Can anyone see a reason I can't use the 7176 output to provide the 24v to the divider circuit in order to step it down to 12v for the relay board?
I just know it's going to be something dumb that I have done, but if this discussion helps someone else in the future then it's a win.