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Bass Metals Ltd.
Summary
| Project: | Graphmada | |
|---|---|---|
| Deposit: | Graphmada | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 6/3/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 3-6-2019: Bass Metals Ltd. announces a Resource Estimation report for its Graphmada deposit at the Graphmada project. Exploration Target for Graphmada. Bass Metals Limited (ASX: “BSM”) (the “Company” or “Bass”) is pleased to announce a brownfields Expl | |
| Resources: | Exploration Target: 86Mt - 146Mt @ 4% -6% TGC | |
| CP/QP: | [Overall Report]: Tim McManus (Internal) | |
| ABSTRACT: | Bass Metals Limited (ASX: “BSM”) (the “Company” or “Bass”) is pleased to announce a brownfields Exploration Target estimate in accordance with the JORC Code (2012), for its 100% wholly owned Graphmada Large Flake Graphite Mine, located in Madagascar together with a planned resource delineation exploration program. Bass has long been of the view that significant additional graphite mineralization exists in the broader Graphmada area beyond the currently delineated Mineral Resources. The Company, with an extensive data set of historical exploration and drilling currently underway at Mahefedok and the Mahela Prospect, recently assessed the exploration potential of the region. Understanding the exploration potential of Graphmada is key to developing an effective exploration and future production expansion strategy. The aim of the current and upcoming exploration programs will be to increase the resource inventory to underpin the future development of large-scale mining and processing operations. | |
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