strong day for shaw todaywith the first of 3 jorcs (by mid-year)...

strong day for shaw today

with the first of 3 jorcs (by mid-year) due in march

first jorc inferred resource at atjozondu march 2011
feas study at otjozondu commnecing march 2011
then jorc inferred resource at butre H1 2011
and jorc inferred resource at barramine H1 2011
mining commencing at otjozondu early 2012

and that is just 3 of their 7 mn projects

potential hidden gem in shaw's bag of mn tenements for the future is the nt applications, the british company islands, comprising cretaceous age units (hosting mn deposits and groote is and bauxite deposits at gove) - see pic p11 jun 2010 qrtly

cap raising flagged to pay off the ago unsecured loan within 5 months