Emerging manganese mining house Shaw River Resources (ASX Code: SRR) has commenced a 4,000 metre RC drill program at its prospective 70% owned Baramine Manganese Project in the East Pilbara region of Western Australia.
The drill program is designed to follow-up targets generated from Shaw River’s recent EM, IP, gravity and structural mapping surveys and the drill results announced in June 2009.
Up to 80 RC drillholes will test the priority manganese targets during this drilling campaign.
Previous drilling at Baramine identified 45 significant manganese drill intersections of up to 38.7% manganese across 14km of exposed target geology, confirming the Company’s exploration model for the discovery of significant near-surface DSO manganese mineralisation.
“This drilling program will test new target areas as well as areas of known mineralisation across the project. Our primary objective remains the discovery of high grade DSO manganese at Baramine while at the same time building up areas of beneficiable manganese resources,” said Vincent Algar, Shaw River’s Managing Director.
Drilling will continue until mid–December 2009 with first drill results expected to be available in January 2010.
Shaw River’s Baramine Project is located 80km to the north west of the Woodie Woodie Manganese Mine, in similar geology, and strategically located just 300km from the Port of Port Hedland.
Shaw River is a manganese-focused explorer with six active manganese projects. Five of these are located across the Pilbara of Western Australia and one in Ghana, West Africa.
Shaw River announced a $5 million capital raising announced in September and completed it in early October 2009. Its current cash position is $6.9 million.