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2 March 2010


Shaw River expands manganese project

Source: Press Release

Shaw River Resources Limited announced the expansion of its Dingo Creek Project in the West Pilbara region of WA. Dingo Creek lies immediately west of the Aurora Mineral's Capricorn Manganese Project.

Shaw River has secured an exclusive six month option to enter into a joint venture with De Grey Mining Ltd over its "Bangemall Manganese Project" which lies adjacent to Shaw River's Dingo Creek Project. De Grey Mining completed reconnaissance sampling over the area in 2009, and reported rock chip samples grading up to 36.8% Mn.

This agreement expands Shaw River's footprint to over 138km of strike length within the Ullawarra Formation. To the east of the Project, the same Ullawarra Formation hosts Aurora Mineral's "Capricorn South East Manganese Project", where high grade mineralization has been identified along a strike length of up to 95kms.

Shaw River will complete a helicopter assisted reconnaissance sampling program over the entire project area in March 2010 and thereafter will complete systematic sampling and mapping over the area in the 2nd and 3rd quarters of 2010, with drilling targeted to commence late 2010.

Vincent Algar, Shaw River's Managing Director commented: "Shaw River has expanded our existing Dingo Creek Manganese Project to over 138km of strike length of the prospective Ullawarra Formation. The project is well located, being close to the coastal infrastructure corridors, an important factor when evaluating any bulk commodity project. We look forward to rapidly defining drill targets on the project over the coming months, with drilling targeted for the last quarter of 2010."