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Bass Metals Announces Binding Agreement Entered to Purchase Potentially High-Grade Lithium Project in Madagascar

Highlights

• Bass Metals Ltd has signed a binding agreement, subject to successful due diligence, to acquire a potentially high grade, pegmatite hosted, lithium project located in Madagascar.

• Field work has identified outcropping pegmatite dykes with significant spodumene mineralisation and grades recorded from rock chip sampling of up to 6.9% Li2O over significant strike lengths.

Bass Metals Limited (ASX:“BSM”) (the “Company”) is pleased to announce it has reached agreement to acquire the potentially high grade spodumene hosted lithium project; Millie’s Reward, located in Madagascar. The project is part of a license with existing mining approval.


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