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Additional Information

Market:	ASX
Sector:	General Mining
EPIC:	SRR
Latest Price:	0.06 (-7.69% )
52-week High:	0.27
52-week Low:	0.06
Market Cap:	27.10M

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Shaw River Manganese Full Shaw River Manganese profile here

Shaw River Manganese (ASX: SRR), formerly Shaw River Resources, is a manganese company with a pipeline of manganese projects. Shaw River’s exploration is targeted at high-grade manganese deposits highlighted by the recent acquisition of the Otjozondu Manganese Project (Otjo) in Namibia.

First production from Otjo is expected in 2012. Projects at Baramine, Pilbara and Butre, Ghana are advancing with drill programs underway or completed.

Shaw River Resources snares grant from WA government for Baramine manganese exploration

Thursday, June 03, 2010

Manganese-focussed miner, Shaw River Resources (ASX:SRR) has inked a $150,000 Western Australian Government co-funding grant to help fund the company’s exploration program at its Baramine manganese prospect in the Pilbara region of Western Australia.

The much anticipated drill program will commence within weeks at Baramine.

The grant, which was announced on 1 June by Mines and Petroleum Minister Norman Moore, is part of the
Western Australian Government’s Exploration Incentive Scheme.

Shaw River managing director Vincent Algar said the money would be used to help fund a specific a 6000-

8000m RC drill campaign at the company’s extensive manganese exploration program at Baramine beginning later in June 2010.

Baramine is located 80km north-west of the world-class Woodie Woodie manganese mine and 270km from Port
Hedland. Initial drilling generated 60 significant targets with grades of up to 38 per cent manganese.

First results from this upcoming drilling program are expected in July 2010 as the company intensifies its exploration for high-grade manganese deposits.

“This drilling program will test some of what we believe is the enormous potential at Baramine,” Mr Algar said.

“It is great to see the Western Australian Government providing support for exploration, which is ultimately the life blood of the resources industry.”

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