Projects: Overview

Shaw River holds tenements and mineral rights over more than 6000km². Its projects are located in the Pilbara and Ashburton regions, two emerging mineral provinces in the resource-rich state of Western Australia. Currently well known for its great endowment of iron ore, the Pilbara is now emerging as a significant base metals and gold province.

The land package is prospective for nickel, zinc, copper and gold. Known target prospects exist on our tenements for Archaean lode gold deposits, shear zone hosted gold and ultramafic hosted nickel sulphides, base metal VHMS (Volcanogenic Hosted Massive Sulphide) Zn-Pb-Ag-Au, as well as sandstone hosted roll front hosted Uranium and IOCG (Iron Oxide Copper Gold). The understanding of these styles of mineralisation is responsible for a renewed wave of exploration success and mine developments across the Pilbara.

In response to supporting evidence where initial exploration and drilling has taken place the Company will be targeting opportunities that have the potential to yield 1 million oz gold (Au), 5,000 tonnes of uranium oxide (U₃O₈), 18,000 tonnes nickel (Ni), 78,000 tonnes copper (Cu) or 149,000 tonnes zinc (Zn) metal.

The company is well funded with activities planned on key projects in 2008. Activities including extensive drilling will advance the company's Hedland, Mt Minnie, Farrel Well and Abydos Projects. By the effective application of proven and where applicable innovative exploration techniques such as soil geochemistry, MMI, BLEG and geophysics the Board is optimistic about the likelihood of exploration success.