Jadar Resources Limited announced that the Shaw River Exploration Licence 45/5849 has been granted. The tenement comprises 22 sub-blocks or 70 square kilometres and covers several areas of historic tin-tantalum workings. Granting of the tenement will allow the company to accelerate exploration activities and undertake advanced exploration work. Initial geological reconnaissance and sampling has also been completed1. Several areas of historic alluvial and hard rock tin-tantalum mining were visited to verify proximal pegmatite occurrences as documented by previous geological mapping. The initial reconnaissance, covering over 50 line-kilometres, encountered a considerable number of individual pegmatites that were sampled. Results are expected in approximately four weeks. The well-known and publicised close association of lithium with tantalum within pegmatite genesis raises expectation that the pegmatites may also contain lithium. In the Eleys area, observed pegmatites presented as relative wide visible outcrops of up to 15m although extent could not be verified due to sandy surface cover. Twelve samples were collected in this area. The Shaw River/Combo's Creek mining area was accessed traversing by foot along the creek from the southeast. A considerable number of pegmatites were observed within the stream bed during the approach to Combo's Creek. Observed pegmatites exhibit the classical large crystals of feldspar, muscovite mica and quartz (Figure 3). Eleven samples were collected at Combo's Creek and along the stream accessing the prospect. At Upper Five Mile Creek, several carved out shallow trenches, north and south of the creek, targeting an area between two quartz ridges was observed. A small pegmatite outcrop was encountered, however the historic work appeared to have targeted the more fine-grained greisen as a tin source, in addition to the tantalite sourced from the pegmatite areas. Three samples representing greisen, pegmatite and stream sediments were collected. The Hillside/Petersen area is characterised by a number of shallow trenches or potential dug-in "sluices" to channel the prospective concentrate with the aid of gravity downhill to potentially separate the target commodities. A number of pegmatite bodies were observed over a distance of around 300m between Hillside - Peterson and Hillside Lead (Mindex) occurrences. No visible galena was observed in the Hillside Lead occurrence, however very light muscovite as well as some concentrated gossan /oxides were encountered and sampled.