Shaw River Manganese (ASX:SRR) is preparing to provide a company update.
The ASX has granted the company a trading halt, with its shares placed in pre-open.
Shaw River recently outlined that the company's focus remained on the Otjozondu Manganese Project in Namibia.
In the June 2014 quarterly Shaw River said that it continues to progress the “Start-Up Production Plan” which targets a low capital, staged, development option for the project.
The first stage of this plan was to identify an “at surface manganese bulk sample” for the basis of a start‐up inventory for mining and subsequent processing.
Shaw River wholly-owns the Otjozondu project.
The halt will remain in place until the opening of trade on Tuesday 12th August 2014, or earlier if an announcement is made to the market.
