Sydney - Monday - August 4: (RWE Australian Business News) - New...

Sydney - Monday - August 4: (RWE Australian Business News) - New
downhole electromagnetic surveys, acquired after the completion of
initial diamond drilling at Silver Swan Group Ltd's (ASX:SWN) Austin
project, have returned "highly encouraging" results.
Three diamond holes, drilled recently by Silver Swan into the
Austin prospect in the Murchison district of Western Australia, about
55km south of Meekatharra, intersected volcanogenic massive sulphide
mineralisation returning significant copper-zinc results.
New downhole electromagnetic data, acquired after the completion
of the diamond drillholes at the Austin prospect, supports the
mineralisation encountered by drilling.
The results indicate the mineralisation extends outwards from
the drillholes and fits well with Silver Swan's structural geology and
analysis.
An additional electromagnetic conductor is located about 25m
southeast of drillholes 2 and 3 and may represent a potential new zone
of mineralisation.