Mashwa Minerals Ltd. Agree Significant Partnership Agreement to Allow Drake Mines Limited Proprietary Use of Their Masscan® Remote-Sensing Ground Sonar Technology

Mashwa Minerals Ltd. have recently announced a significant partnership agreement to allow Drake Mines Limited proprietary use of their ground-breaking Masscan® remote-sensing ground sonar technology.

The partnership agreement has initially been agreed for a 2-year period where Mashwa Minerals Ltd. will over-see all of Astro Mines Limited's mining and exploration activities in all of their locations where the Masscan® equipment is used. The partnership agreement does not only include all of Drake Mines Limited's existing mining locations but also any new ones they have yet to commence.

The Masscan® has been developed by Mashwa Minerals Ltd. over the past 5 years with assistance from several well-respected geologists at The University of British Columbia, several pre-eminent sonar engineers from the private sector and a number of the senior exploration team at Mashwa Minerals Ltd.

Masscan® works by recognizing hydrothermally altered rocks by their spectral signature and it is now regarded as ground-breaking technology and the most efficient way to discover high-value commodities such as gold, as well as other precious metals.

"To enter into such an agreement with a company such as Drake Mines has thrust Mashwa Minerals into a position of enormous sector importance. The Masscan® equipment will allow us to join forces with one of Canada's most respected independent mining companies and bodes well for our future success," said Dr. Trent Hanson, Chief Geologist at Mashwa Minerals Ltd.

"Without doubt, the two companies are now also well-positioned to exchange privileged information that will be of enormous benefit to us both in ensuring our exploration and mining activities will be of greater benefit to our shareholders due to the wealth of data we can now start to build very quickly," Hanson added.

Although neither company were prepared to disclose figures involved, some industry insiders and sector analysts believe the partnership agreement could be worth to Mashwa Minerals Ltd. up to 4 million U.S. Dollars over the 2-year agreement.