SHA shape australia corporation limited

re: new encouraging nickel and cobalt values Shannon encouraging...

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    re: new encouraging nickel and cobalt values Shannon encouraging nickel, cobalt values at P28/856
    13:13, Wednesday, 8 November 2006

    Sydney - Wednesday - November 8: (RWE Aust Business News) -
    Shannon Resources (ASX:SHA) has encouraging nickel and cobalt values at
    its P28/856 tenement from the resampling of drill chip samples from 20
    percussion and/or air core holes done in the mid 1990s.
    Results include 24 metres at 0.51 per cent nickel from 8-32m, 12m
    at 0.52pc nickel from 10-22m, 11m at 0.67pc nickel from 30-41m, 35m at
    0.66pc nickel from 10-45m and 22m at 0.82pc nickel from 20-42m.



 
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