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Bass Metals Announces Tests Confirm Industry Leading Expandability for Graphmada Graphite Concentrates

HIGHLIGHTS

- Independent test work on a bulk sample taken across a range of 2016 production sales stock demonstrates industry leading expandability results.

- Expandability tests across all flake sizes delivered excellent results, with the maximum expansion volume of 510 cm3/g achieved with extremely large flakes > 400 microns. These results exceed typical concentrates currently available.

- Expandable graphite receives a price premium and is in significant demand due to regulatory pressures forcing higher adoption as fire retardants and there being only a few suppliers in the world today.

- Results support Bass’ strategy to build an international industrial minerals business from sales of 6000tpa of concentrates in 2017/18, expanding to 20,000tpa in 2019.

Bass Metals Limited (ASX:“BSM”) (the “Company”) is pleased to announce the results from an independent evaluation of its natural flake graphite for expandable graphite applications.


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