Company Overview

Shaw River Resources Limited (Shaw River) is a diversified mineral exploration company operating eight mineral exploration projects in the Pilbara region of Western Australia. The company is listed on ASX under the code SRR.

Shaw River is currently focused on the identification and development of economic manganese deposits, with the bulk of its activity in 2009 centred on advancing its three prospective Pilbara manganese projects. Shaw River’s flagship project, Baramine, is located 80km NW of the world class Woodie Woodie Manganese Mine and just 300km from the port of Port Hedland.

Shaw River plans to expand its current exploration strategy by seeking and gaining exposure to suitable manganese projects, not only in Australia but also around the world. Projects will be sought that match the strategic attributes of Baramine by being in world class manganese provinces, close to ports and infrastructure and, most importantly, having the scale potential to deliver economically significant deposits of manganese.

Shaw River consistently maintains an active field presence through a dedicated and experienced exploration team. The Company has developed a safe and productive operational culture with a tight rein on costs and focus on delivering results.

Future Plans

Shaw River’s exploration efforts in 2009 and 2010 will focus on developing a resource base of manganese at Baramine, strategically located just 300km from Port Hedland in a world class manganese field.  The encouraging results from the first drill program in May 2009 which reported 45 significant manganese intersections, validated the projects potential to deliver manganese resources.  Geophysics, mapping and extensive drilling will move the company towards its goal of developing a resource base of manganese at Baramine in the near term.

Corporately, Shaw River enjoys the support of its largest shareholder, Atlas Iron Limited to continue in its search for transformational discoveries.  The focus will be on metals that have long term market appeal, such as manganese, that are capable of generating high operating margins and shareholder returns.

Shaw River is able to offer investors a unique opportunity to be part of the global manganese story, and to be involved in the discovery and future production of manganese ore.

Projects