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Bass Metals Announces Graphmada Graphite Mine Operational Update

HIGHLIGHTS

• Bass Metals Ltd continues to progress its strategy to optimise the Graphmada graphite mine, targeting materially higher revenues from superior concentrates in 2017.

• Mine health and safety improvements confirm compliance with the Madagascan National Mine Safety Framework.

• Optimisation program sees major equipment items ordered and Rotary Dryer demolished.

• New state of the art Dryer specifically constructed for superior large to jumbo flake graphite concentrates complete and ready for shipment.

• Bass continues small-scale production through product screening and sales.

Bass Metals Limited (ASX:“BSM”) (the “Company”) is pleased to inform shareolders of its progress of its optimisation of its flagship Graphmada large to jumbo flake graphite mine.


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