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Bass Metals Announces Key Component of Graphmada Graphite Mine Refurbishment Delivered and Ready for Installation

Highlights

• Bass Metals’ remains on track to deliver Stage 1 of its optimization program at its flagship asset; the Graphmada Graphite Mine, the delivery of which will see a 6,000 tonnes per annum (tpa) run-rate of production from late in 2017.

• A key component of the optimization program; the Modular Drying System (MDS), which was built and shipped from South Africa, arrived at the Graphmada Graphite Mine in August as planned.

• The new MDS is capable of drying 12,000 tpa, providing for Stage 1 surge capacity and additional capacity for Stage 2 (circa 20,000 tpa of high-value large flake graphite concentrates).

• Foundations are currently curing while assembly of the MDS is being planned for safe installation.


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