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Bass Metals Announces Graphmada Graphite Mine Operational Update

HIGHLIGHTS

• Stage 1 optimisation program entering final stages of refurbishment at Bass Metals Ltd.’s 100% owned Graphmada Large Flake Graphite Mine.

• As part of the mine’s refurbishment, new mining equipment has been order, with delivery in January 2018.

• A majority of the major processing items have now been installed.

• Process Plant mechanical and electrical works now proceeding.

• Modular Dryer System (MDS) construction completed with electrical works proceeding.

• Material improvement in graphite concentrate pricing continues.

Bass Metals Limited (ASX:“BSM”) (the “Company”) is pleased to provide an update on its optimization and refurbishment of the Graphmada Graphite Mine, located in Madagascar.


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