New Zones of Mineralisation Located at Otjo Project - Shaw River ...

MARCH 26, 2013
ASX ANNOUNCEMENT
New Zones of Manganese Mineralisation
Located at Shaw River’s Otjo Project,
Namibia
HIGHLIGHTS
Shaw River Manganese Limited (“Shaw River”)(ASX: SRR) ) is pleased to announce positive results from
recent soil sampling completed at its 75.5% owned Otjozondu Manganese Project (“Otjo”) in Namibia,
which have identified new zones of manganese mineralisation.
Two new zones of anomalous manganese-in-soils define areas adjacent and south of the Labusrus
Deposit.
Contemporaneous with the Otjo Project Development Review, Shaw River is continuing low cost
exploration via soil sampling, which continues to be successful in unlocking the manganese trend
(“Roper Line”) beneath the Kalahari Sands cover and identifying new exploration targets for future
drilling.
OVERVIEW OF SOIL SAMPLING PROGRAM (Figure 1)
The Otjozondu manganese mineralised horizon (The Roper Line) was mapped in the late 1950’s
and its position interpreted using outcrop, float and soil colour. Consequently its position is
approximate to within 200-300 metres due to being obscured by the Kalahari Sands cover. To
better locate the Roper Line and prioritise future drilling targets, Shaw River is continuing to
utilise very low cost exploration techniques to explore new areas of manganese mineralisation.
Shaw River has reduced soil sampling grids in areas of high priority to increase the resolution of
potential manganese targets. The sampling technique is quick, cheap and all analysis is
completed on site with a Niton XRF unit*.
*Soil samples are collected and analysed on the exploration site with a Niton XL2 Series XRF Analyser (Thermo
Scientific) and results were contoured using natural logs of Mn. Warmer colours indicate zones of relative higher
manganese in soils.
RESULTS (Figures 1 and 2)
o
Soil sampling commenced in 2012 as a method for testing and identifying new target areas of
manganese mineralisation under the shallow Kalahari Sands cover. Used in conjunction with
mapping and follow up trenching to expose outcrop and detrital manganese, new areas of
manganese mineralisation, covered by Kalahari Sands and associated with the historical “Roper
Line” have, following drilling, resulted in new mineral resources, often with high grade

manganese intercepts. The new Kopje and Jeppe mineral resource are examples (refer to SRR
ASX Release November 12, 2012). Increasing the resolution (closer spaced sampling) over high
priority areas allows the exploration team to unravel the structures associated with the folding of
the Roper Line.
o
Soil sampling has recently provided very encouraging results from Labusrus South East Area and
Southern Labusrus (see below). The results of the soil sampling have elevated these areas to high
priority drill targets and have the potential to add to the already significant mineral resources
reported at nearly Labusrus and S-Bend deposits. (Refer to SRR ASX Release December 11 th
2012).
Figure 1 – Manganese Soil Sampling Areas
Labusrus South East Area (Figure 2)
Infill soil sampling was conducted south of the Labusrus main resource and to the east of the S Bend area to
determine the trend of the manganese horizon. The area is structurally complex and the sand cover can be in
excess of 3 metres.
The results define a 900 metre long, parallel manganese-in-soil anomaly (warm colours) trending east-west,
some 250 metres south of the Labusrus line of lode and joining with the “S-bend” resource. Initial trenching
was unable to reach through the Kalahari Sands cover which is in excess of three meters in this area. This
area may now be considered for follow up trenching and initial drill testing.

Southern Labusrus (Figure 2)
This area is further south of the Labusrus “S-bend” Resource and adjacent and east of the Purity Manganese
Mining Licence (ML35C). The soil sampling has again successfully identified a 600 metre long, very strong
northerly trending manganese-in-soils zone (warm colours) which has subsequently been trenched by
backhoe confirming the presence of manganese mineralised outcrop in two trenches and manganese
detritals in the remaining two other trenches. The latter is indicative of the very close spatial presence of the
manganese unit.
Figure 2 – Labusrus Area. Contoured manganese-in-soil results (Mn Natural Log)
Coincident with the Otjo Project development review, Shaw River will continue to maintain its focus on a low
cost exploration program at Otjo, utilising a combination of soil sampling, rock chip, mapping and trenching
aimed at identifying new zones of manganese mineralisation for future drilling.
Peter Benjamin
Managing Director
26 March, 2013
A copy of this release can be downloaded from www.shawriver.com.au
Background
Shaw River Manganese Limited (ASX:SRR) is a manganese exploration and development company, focused on
exploring and developing its 75.5% owned Otjozondu Project in Namibia.Shaw River has other manganese
exploration projects at Butre in Ghana and Baramine in the East Pilbara Manganese Province of Western
Australia. Atlas Iron Limited (ASX:AGO) holds 53.45% of Shaw River Manganese Limited and is a strong
supporter of Shaw River’s manganese strategy.

Forward Looking and Exploration Target Statements:
Some statements in this announcement regarding future events are forward-looking statements. They involve risk and uncertainties that could cause
actual results to differ from estimated results. Forward-looking statements include, but are not limited to, statements concerning the Company’s
exploration program, outlook, target sizes, resource and mineralized material estimates. They include statements preceded by words such as
“potential”, “target”, “scheduled”, “planned”, “estimate”, “possible”, “future”, “prospective” and similar expressions. The terms “Direct Shipping Ore
(DSO)”, “Target” and “Exploration Target”, where used in this announcement, should not be misunderstood or misconstrued as an estimate of Mineral
Resources and Reserves as defined by the JORC Code (2004), and therefore the terms have not been used in this context. The potential quantity and
grade of Exploration Targets are conceptual in nature and it is uncertain if further exploration or feasibility study will result in the determination of a
Mineral Resource or Reserve.
Competent Person Statement:
The information in this report to which this statement is attached that relates to Exploration Results, is based on information compiled by Mr. Ashley
Jones of Shaw River Manganese Ltd. Mr. Jones is a full-time employee of the company, a Member of the Australasian Institute of Mining and
Metallurgy, and has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity
which they are undertaking to qualify as Competent Persons as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves’. Mr. Jones consents to the inclusion in the report of the matters based on their information in the form
and context in which it appears.
Figure 3 - Location Diagram Otjo Manganese Project, Namibia, Walvis Bay Port