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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Base Resources Limited | LSE:BSE | London | Ordinary Share | AU000000BSE5 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.25 | -4.26% | 5.625 | 5.50 | 5.75 | 5.875 | 5.50 | 5.875 | 36,005 | 14:40:39 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Iron Ores | 271.43M | -4.84M | -0.0041 | -26.83 | 129.8M |
TIDMBSE AIM and Media Release 10 May 2017 BASE RESOURCES LIMITED Exploration Update HIGHLIGHTS * Additional mineralisation discovered that extends the footprint of the Kwale South Dune Deposit along the eastern margin. * Discovery of a new area of discrete lower grade mineralisation east of the South Dune Deposit, with recorded intercepts over a contiguous 1,000m of strike and up to 500m in width. * Delivery of an updated mineral resource estimate for the Kwale South Dune Deposit and extensions is on track for completion in the September quarter, 2017. Base Resources Limited (ASX & AIM: BSE) ("Base Resources" or the "Company") is pleased to provide an update on exploration results following completion of the South Dune Deposit extensional and infill drilling program at the Kwale Mineral Sands Operations ("Kwale Operations") in Kenya, East Africa. Previous strong drilling results in the SW sector clearly demonstrate the potential to grow resources and mine life to the south and north of the existing South Dune reserves (refer announcement on 2nd March 20171 - "March Exploration Results"). Recent drilling has identified additional mineralisation to the east of the existing South Dune reserve boundary, albeit at lower heavy mineral grade. Further analysis of mineralogy is required to determine the extent to which this results in potential additional resources or extended mine life. [Note 1: Refer to ASX announcement "Preliminary Exploration Results" released on 2 March 2017, which is available at http://www.baseresources.com.au/ investor-centre/asx-releases/.] The focus of drilling, since release of the March Exploration Results, has been on infill and edge-definition along the eastern flank of the South Dune Deposit, with an additional 153 holes for 1,811 metres completed. A total of 750 holes for 11,435 metres have now been completed at the South Dune Deposit and extensional areas (refer Figure 1). An update to the South Dune Deposit mineral resource, incorporating the results of the combined drilling campaigns is on schedule for completion during the September quarter of 2017. "Figures" (graphics) referenced in this release have been omitted. A full PDF version of this release, including all Figures, is available from the Company's website: www.baseresources.com.au. Kwale South Dune Deposit Eastern Edge Definition Drilling Further edge-definition drilling of the Kwale South Dune Deposit (currently 88.5Mt @ 3.5% HM - refer ASX/AIM Release on 11th October 20162) has successfully delineated a mineralised extension to the east of the existing resource boundary (refer Figure 2). In response to the findings of initial edge definition drilling, the drilling was extended further eastward from the South Dune Deposit on remnant highland areas. This has resulted in the discovery of additional mineralisation with elevated coarse sand and slimes, suggestive of an erosional shedding of material from the South Dune Deposit. Field logging data shows that sample washability is not detrimentally affected by the higher slimes, which suggests that this new style of mineralisation would be suited to existing mining methods employed at the Kwale Operations. Preliminary investigation of heavy mineral in this eastern discovery indicates an elevated concentration of rutile in the mineral assemblage when compared to the neighbouring South Dune Deposit. This rutile concentration, which will be critical to the inclusion of the additional mineralisation in mineral resources and any contribution to mine life extensions, will be established in the course of the detailed mineralogy work that is underway. Representative cross sections of discoveries and extensions are included in Figures 3 and 4. Significant drill intercepts received since the March Exploration Results are included in Appendix 2 at 1% bottom cut over a minimum interval of 3m. [Note 2: Refer to the "2016 Mineral Resources and Ore Reserves Update for Kwale" announcement released on 11 October 2016, which is available at http:// www.baseresources.com.au/investor-centre/asx-releases/. Base Resources confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of Mineral Resources and Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the original market announcement continue to apply and have not materially changed.] Kwale South Dune Deposit Infill Drilling Coincident with the objective of defining the eastern edge of the South Dune Deposit, drilling also provided infill information between historic, broad-spaced drill lines (not shown). The objective of this and previous infill drilling is to provide data for upgrading the geological confidence of Inferred and part of the Indicated Resource areas of the deposit to a Measured status. Any Inferred Resources achieving an Indicated or Measured Resource status will in turn be eligible for inclusion within the Kwale South Dune Ore Reserves. Appreciable Ore Reserve increases are anticipated from this work. Competent Persons Statements The information in this report that relates to Exploration Results is based on, and fairly represents, information and supporting documentation prepared by Mr. Richard Stockwell, who acts as contract Exploration Manager for Base Resources. Mr Stockwell is a member of the Australian Institute of Geoscientists and has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr. Stockwell consents to the inclusion in this report of the matters based on the information in the form and context in which it appears. Forward Looking Statements Information in this report should be read in conjunction with other announcements made by Base Resources. No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the information contained in this report (or any associated presentation, information or matters). To the maximum extent permitted by law, Base Resources and its related bodies corporate and affiliates, and their respective directors, officers, employees, agents and advisers, disclaim any liability (including, without limitation, any liability arising from fault, negligence or negligent misstatement) for any direct or indirect loss or damage arising from any use or reliance on this report or its contents, including any error or omission from, or otherwise in connection with, it. Certain statements in or in connection with this report contain or comprise forward looking statements. By their nature, forward looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and may be outside Base Resources' control. Accordingly, results could differ materially from those set out in the forward-looking statements. Nothing in this report constitutes investment, legal or other advice. You must not act on the basis of any matter contained in this report, but must make your own independent investigation and assessment of Base Resources and obtain any professional advice you require before making any investment decision based on your investment objectives and financial circumstances. This report does not constitute an offer, invitation, solicitation, advice or recommendation with respect to the issue, purchase or sale of any security in any jurisdiction. APPIX 1: Table 1, JORC Code 2012 Section 1: Sampling Techniques and Data Criteria Explanation Comment Sampling Nature and quality of Sample sub-splits are techniques sampling (e.g. cut channels, collected at a standard 1.5m random chips, or specific down-hole interval, using an specialised industry on-board rotary splitter standard measurement tools mounted beneath the drill rig appropriate to the minerals cyclone. Sample gates are set under investigation, such as at 25% of the splitter cycle, down hole gamma sondes, or which delivers about 2kg of handheld XRF instruments, sample, dependant on ground etc.). These examples should conditions. not be taken as limiting the broad meaning of sampling. Include reference to Appropriate drilling equipment measures taken to ensure and driller training is a sample representivity and prerequisite of the drilling the appropriate calibration contract. A rotary splitter of any measurement tools or (regularly cleaned) is used systems used. for splitting drill samples in the field and a robust QA/QC and audit system is established. Consistency in split sample weights is monitored via intermittent testing in the field with spring scales and through recording of air-dried sample weights at sample preparation. Weights are
generally between two and three kilograms and this is considered representative for the detrital material being sampled. Aspects of the determination RCAC drilling is used to of mineralisation that are obtain a 1.5m samples from Material to the Public which approximately 1.2-2.5 kg Report. In cases where is collected using a rotary 'industry standard' work has splitter beneath a cyclone. been done this would be The sample is then dried, relatively simple (e.g. de-slimed (material less than 'reverse circulation 45 µm removed) and then drilling was used to obtain oversize (material +1mm) is 1 m samples from which 3 kg removed. was pulverised to produce a Approximately 100g of the 30 g charge for fire resultant sample is then assay'). In other cases, subjected to a heavy mineral more explanation may be (HM) float/sink technique required, such as where using Lithium there is coarse gold that Heteropolytungstates (LST:SG= has inherent sampling 2.85g/cm3). problems. Unusual The resulting HM concentrate commodities or is then dried and weighed. mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. Drilling Drill type (e.g. core, All samples are generated by techniques reverse circulation, RCAC drilling utilising 71 mm open-hole hammer, rotary air diameter (NQ) air-core drill blast, auger, Bangka, sonic, tooling. Drill holes are etc.) and details (e.g. core oriented vertically by eye. diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.). Drill sample Method of recording and Base Resources log sample recovery assessing core and chip quality at the rig as either sample recoveries and good or poor, with 'good' results assessed. meaning not contaminated and of an appropriate sample size (recovery), and 'poor' meaning contaminated or grossly over/ undersized. Ground conditions vary and as such, the use of water injection is also logged in the sample quality field for every sample interval (dry, moist, injected or wet). No sample loss has been recorded. The configuration of drilling and nature of sediments encountered results in negligible loss. Measures taken to maximise Drill penetration is halted at sample recovery and ensure the end of each sample representative nature of the interval to allow time for the samples. sample to return to surface and be collected. Drilling proceeds once sample delivery ceases. Sampling on the drill rig is observed to ensure that rotary splitter remains clean. Water flush and manual cleaning of the cyclone occurs at regular intervals to ensure contamination is minimised. Whether a relationship No relationship is believed to exists between sample exist between grade and sample recovery and grade and recovery. The high percentage whether sample bias may have of silt and low hydraulic occurred due to preferential inflow of groundwater results loss/gain of fine/coarse in a sample size that is well material. within the expected size range. Logging Whether core and chip Base Resources collects samples have been detailed qualitative logging geologically and of geological characteristics geotechnically logged to a to allow a comprehensive level of detail to support geological interpretation to appropriate Mineral be carried out. Resources estimation, mining Logging of HM sinks with a studies and metallurgical microscope also is used to studies. inform the geological interpretation. Whether logging is Logging of RCAC samples record qualitative or quantitative sample quality, washability, in nature. Core (or costean, colour, lithology, grainsize, channel, etc.) photography. sorting, induration type, hardness, estimated rock and estimated HM. The total length and All drill holes are logged in percentage of the relevant full and all samples with intersections logged. observed HM (and designated for assay) are assayed. Sub-sampling If core, whether cut or sawn All samples are unconsolidated techniques and and whether quarter, half or and comprise sand, silt, clay sample preparation all core taken. and rock fragments. If non-core, whether Base Resources rotary split riffled, tube sampled, the samples on the drill rig rotary split, etc. and as they are delivered from whether sampled wet or dry. drilling (wet, moist, injected or dry). Low groundwater pressure and rotary splitting delivers a representative sample for logging. The 25% split delivers approximately 2 kg of sample for analysis. Drill samples are dried then riffle split to produce a 300g sample for de-sliming and oversize removal. The resultant sand fraction is then delivered to the Kwale Operations on-site analysis laboratory, managed by SGS, for heavy liquid (LST) separation. Sub-sampling For all sample types, the Base Resources use a standard techniques and nature, quality and flow sheet and detailed QA/QC sample appropriateness of the is undertaken. preparation, sample preparation The sample, designated in the cont'd. technique. field for analysis, is air dried, weighed and pulverized for riffle splitting. Two splits are generated of approximately 350 - 500g each and the remainder of the original sample is recorded and stored. One split is oven dried to establish moisture content of the air-dried sample. The second split is soaked in
water and a de-flocculating agent prior to attritioning and de-sliming with a 45µm screen. The sample is then dried and weighed to determine material lost (Slimes weight) during screening. The dried sample is then screened at 1mm and the oversize is weighed. The remaining dry sand fraction is then delivered to the on-site analysis laboratory for heavy liquid separation by TBE. Quality control procedures To maintain QA/QC, a duplicate adopted for all sub- and standard assaying sampling stages to maximise procedure has been representivity of samples. implemented. A duplicate sample is collected at the rig at every 20th sample by the application of a second calico bag to the second, 25% split chute on the splitter. Both samples are subjected to the complete sample preparation and assaying process. In the sample preparation area, at a rate of 1:40, duplicates of the moisture content sample and screened sample are taken. These are subjected to moisture content (split 1) and de-sliming/ oversize (split 2) determinations to ensure samples do not exhibit bias. A certified standard sample is submitted in the field and a second certified standard sample is submitted to the on-site analysis laboratory after the sample preparation stage, each at a rate of 1:40, to monitor analysis accuracy. Sub-sampling Measures taken to ensure Analysis of sample duplicates techniques and that the sampling is is undertaken by standard sample representative of the geostatistical methodologies preparation, in-situ material collected, (QQ Plots) to test for bias cont'd. including for instance and to ensure that sample results for field duplicate/ splitting is representative. second-half sampling. Standards determine assay accuracy performance, monitored on control charts, where failure (beyond 3SD from the mean) triggers re-assay of the affected batch. Whether sample sizes are Given that the grain size of appropriate to the grain the material being sampled is size of the material being sand and approximately 70 to sampled. 300 µm, an approximate sample size of 2 kg is more than adequate. Quality of assay The nature, quality and Laboratory analysis of drill data and appropriateness of the samples is conducted at the laboratory tests assaying and laboratory on-site analysis laboratory. procedures used and whether Analysis is conducted the technique is considered according to a flow sheet that partial or total. represents standard, best practice for the assessment of HM and is supported by robust QA/QC procedures. Sand samples delivered to the on-site analysis laboratory are rotary split to generate a 100g sample for LST separation. Excess sand fraction is labelled and stored. The LST sink progresses till it clears and the sink is removed, washed in acetone, oven dried and weighed. LST is cleaned and density checked on a daily basis. For geophysical tools, None used. spectrometers, handheld XRF instruments, etc., the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. Quality of assay Nature of quality control Field duplicates, sample data and procedures adopted (e.g. preparation duplicates and laboratory tests, standards, blanks, laboratory replicates are cont'd. duplicates, external submitted for precision and laboratory checks) and bias analysis. Standard whether acceptable levels of samples are submitted to accuracy (i.e. lack of bias) determine analysis accuracy. and precision have been established. Verification of The verification of Verification of significant sampling and significant intersections by intercepts is conducted by the assaying either independent or Base Resources Exploration alternative company Superintendent. The deposit personnel. type and consistency of mineralization leaves little room for unexplained variance. Data entry errors identified by the Exploration Superintendent are corrected (where obvious) or re-assay is completed. The use of twinned holes. Twinned holes account for 4 - 5% of holes drilled at the Kwale South Dune Deposit extensions. These will be used to determine short-range geological and assay field variability for resource modelling purposes. Documentation of primary Data collected by Base data, data entry procedures, Resources is entered digitally data verification, data in the field using a storage (physical and ruggedized computer with electronic) protocols. Maxwell Geoscience logging software. Data is downloaded daily to the site server. Migration to a Datashed Database is complete. Discuss any adjustment to No adjustments were made to assay data. data. Location of data Accuracy and quality of Base Resources use a real time points surveys used to locate drill kinematic global positioning holes (collar and down-hole system ('RTK GPS') to pick up surveys), trenches, mine drill collar locations. workings and other locations Survey is completed by Company
used in Mineral Resources surveyors. Original drill estimation. set-out is completed by hand-held GPS. Specification of the grid The grid system used is the system used. Arc1960 (Zone 37 South). The drill pattern is based on a local grid rotation to ensure drill lines are oriented orthogonal to the trend of mineralization. The Kwale South Dune Deposit Local Grid is used for all deposit extensions. Location of data Quality and adequacy of A LiDAR survey was conducted points, cont'd. topographic control. in November 2013 at an accuracy of 0.015m and is available for topography modelling in the NE Sector and for all Kwale South Dune Deposit extension areas. Data spacing and Data spacing for reporting The data spacing drilling is distribution of Exploration Results. nominally 100m North, 50m East, and 1.5m down hole for exploration results. Variations occur when lower-density drilling is applied to exploration areas or from line-clearing difficulties prior to drilling and drill site survey. Whether the data spacing and Based on the experience of the distribution is sufficient competent person, the data to establish the degree of spacing and distribution is geological and grade considered adequate for the continuity appropriate for definition of mineralisation the Mineral Resources and and adequate for proposed Ore Reserves estimation mineral resource estimation. procedure(s) and classifications applied. Whether sample compositing No sample compositing or has been applied. de-compositing has been applied. Orientation of Whether the orientation of Sample orientation is vertical data in relation sampling achieves unbiased and approximately to geological sampling of possible perpendicular to the dip and structure structures and the extent to strike of the mineralization, which this is known, which results in true considering the deposit thickness estimates. Drilling type. and sampling is carried out on a regular rectangular grid that is broadly aligned and in a ratio consistent with the anisotropy of the mineralisation. If the relationship between There is no apparent bias the drilling orientation and arising from the orientation the orientation of key of the drill holes with mineralised structures is respect to the strike and dip considered to have of the deposit. introduced a sampling bias, this should be assessed and reported if material. Sample security The measures taken to ensure All samples are numbered, with sample security. sample splits, residues and HM sinks registered and stored at the Kwale Operations site in a restricted access storage shed. Audits or reviews The results of any audits or Richard Stockwell, contract reviews of sampling Exploration Manager, has techniques and data. conducted three site visits relating to the current exploration programme. These were made to establish and review drilling, sample preparation and geological interpretation procedures. Minor recommended changes were made on each occasion. Section 2: Reporting of Exploration Results Criteria Explanation Comment Mineral tenement Type, reference name/number, The exploration results are and land tenure location and ownership coincident with the granted status including agreements or Special Mining Lease No.23 and material issues with third Special Prospecting License parties such as joint No. 173. ventures, partnerships, Mining on SML23 is subject to overriding royalties, native an ad valorem royalty of 2%, title interests, historical payable to the previous sites, wilderness or owners, and currently a 2.5% national park and royalty, payable to the Kenyan environmental settings. government. The security of the tenure There are no known impediments held at the time of to the security of tenure over reporting along with any the area containing the known impediments to reported exploration results. obtaining a licence to operate in the area. Exploration done Acknowledgment and appraisal The previous owners of the by other parties of exploration by other project (Tiomin Kenya Ltd) parties. undertook exploration drilling over the Kwale Project (incl. South Dune area). Tiomin data is included in the Kwale Mineral Resource estimations. Geology Deposit type, geological Exploration results are setting and style of indicative of aeolian (dunal) mineralisation. detrital heavy mineral sand deposits. Drill hole A summary of all information Intercepts are listed in the Information material to the body of the release. understanding of the There are no further drill exploration results hole results that are including a tabulation of considered material to the the following information understanding of the for all Material drill exploration results. holes: Identification of the wide and If the exclusion of this thick zone of mineralisation information is justified on is made via multiple the basis that the intersections of drill holes information is not Material and to list them all would not and this exclusion does not give the reader any further detract from the clarification of the understanding of the report, distribution of mineralisation the Competent Person should throughout the deposit. clearly explain why this is the case. Data aggregation In reporting Exploration Exploration results are methods Results, weighting averaging reported at a minimum 1% HM techniques, maximum and/or bottom cut-off over a minimum minimum grade truncations depth interval of 3m. (e.g. cutting of high Kwale Mineral Resources are grades) and cut-off grades reported at a 1% HM bottom are usually Material and cut-off. should be stated. Where aggregate intercepts Does not apply incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.
Data aggregation The assumptions used for any No metal equivalents were used methods, cont'd. reporting of metal for reporting of exploration equivalent values should be results. clearly stated. Relationship These relationships are All drill holes are vertical between particularly important in and perpendicular to the dip mineralisation the reporting of Exploration and strike of mineralisation widths and Results. and therefore all intercept lengths interceptions are approximately true thickness. If the geometry of the Dune deposits typically mineralisation with respect approximate a horizontal to the drill hole angle is accumulation over a variable known, its nature should be basement topography. reported. If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. 'down hole length, true width not known'). Diagrams Appropriate maps and Refer to main body of release. sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. Balanced Where comprehensive Reporting of results is reporting reporting of all Exploration restricted to type sections Results is not practicable, and more comprehensive representative reporting of tabulated results at a 1% HM both low and high grades and bottom cut and a minimum 3m /or widths should be interval. practiced to avoid misleading reporting of Exploration Results. Other substantive Other exploration data, if Whilst mineralogical exploration data meaningful and material, investigation is awaited, a should be reported including similar high-value assemblage, (but not limited to): as recorded for the Kwale geological observations; Mineral Resource (19% Rutile geophysical survey results; + Zircon), has been observed geochemical survey results; on the dunal deposits during bulk samples - size and preliminary microscope method of treatment; investigation of exploration metallurgical test results; samples. bulk density, groundwater, Preliminary investigation of geotechnical and rock heavy mineral in this eastern characteristics; potential discovery shows an elevated deleterious or contaminating concentration of rutile in the substances. mineral assemblage when compared to the neighbouring South Dune Deposit. Planned geological interpretation and mineralogy analysis will assist in determining the extent of the enrichment, which will be quantified in the South Dune Mineral Resource estimation, anticipated to be completed in the September quarter, 2017. Further work The nature and scale of Geological interpretation is planned further work (e.g. ongoing at the Kwale South tests for lateral extensions Dune Deposit extensions. Once or depth extensions or complete, mineralogical large-scale step-out analysis will ensue and drilling). results will feed into an updated resource estimate. Mineral Resource estimation of the Kwale South Dune Deposit and extensions is anticipated in the September quarter, 2017. Further community engagement is required to continue drilling in the NE Sector, which is not expect to take place until after Kenya's general elections, currently scheduled for August 2017. Diagrams clearly Refer to main body of release. highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive. APPIX 2: Mineralised intercepts in the Kwale South Dune Deposit extensions (3m @ 1% HM bottom cut off; UTM ARC1960 Zone 37S). Project area Hole_ID UTM_E UTM_N RL (m) From Interval DH DH DH ARC1960 ARC1960 (m) (m) Average Average Average THM Slimes Oversize Eastern KS877 546768 546768 67.9 0 7.5 1.25 6.86 2.43 Extension Eastern KS883 546632.5 546632.5 74.7 3 3 1.2 6.54 2.77 Extension Eastern KS892 545841.6 545841.6 64.2 1.5 3 1.24 23.8 4.18 Extension Eastern KS896 547154.7 547154.7 60.7 0 3 1.34 24.46 2.18 Extension Eastern KS900 546804.2 546804.2 65.5 3 3 1.05 7.04 3.5 Extension Eastern KS921 547369.3 547369.3 77.4 3 4.5 1.26 41.58 9.94 Discovery Eastern KS922 547442.3 547442.3 80.8 0 7.5 1.73 33.72 10.88 Discovery Eastern KS923 547512.5 547512.5 77.4 0 6 1.58 30.77 6.91 Discovery Eastern KS924 547592.2 547592.2 72.2 3 4.5 1.02 27.69 6.24 Discovery Eastern KS925 547661.1 547661.1 65.5 0 7.5 1.36 4.91 2.39 Discovery Eastern KS932 547444.1 547444.1 80.7 0 9 2.04 37.22 8.71 Extension Eastern KS941 547684.3 547684.3 76.5 6 3 1.54 25.37 8.58 Extension Eastern KS977 547062.5 547062.5 79.9 1.5 4.5 1.42 37.1 2.02 Extension Eastern KS989 546359.8 546359.8 79.3 1.5 4.5 1.08 22.15 1.68 Extension Eastern KS990 546288.6 546288.6 83.3 3 9 1.42 27.62 1.15 Extension Eastern KS991 546451.8 546451.8 84.1 1.5 4.5 1.15 18.49 2.02 Extension Eastern KS991 546451.8 546451.8 84.1 7.5 3 1.23 19.9 7.26 Extension Eastern KS995 546589.1 546589.1 76.5 0 7.5 1.33 17.05 3.96 Extension Eastern KS1003 547080.3 547080.3 72.6 0 7.5 1.28 26.15 1.97 Extension Eastern KS1004 546899.8 546899.8 86.9 1.5 15 1.51 25.31 3.42 Extension Eastern KS1004 546899.8 546899.8 86.9 22.5 4.5 2.73 20.58 5.29 Extension Eastern KS1012 546828.2 546828.2 94.2 0 10.5 2.01 29.33 10.39 ExtensionS. CORPORATE PROFILE Directors Keith Spence (Non-Executive Chairman) Tim Carstens (Managing Director) Colin Bwye (Executive Director) Sam Willis (Non-Executive Director) Michael Anderson (Non-Executive Director) Michael Stirzaker (Non-Executive Director) Malcolm Macpherson (Non-Executive Director) Company Secretary Chadwick Poletti NOMINATED ADVISOR & BROKERS RFC Ambrian Limited As Nominated Adviser: Andrew Thomson / Stephen Allen Phone: +61 (0)8 9480 2500 As Joint Broker: Jonathan Williams Phone: +44 20 3440 6800 Numis Securities Limited As Joint Broker: John Prior / James Black / Paul Gillam Phone: +44 20 7260 1000 SHARE REGISTRY: ASX Computershare Investor Services Pty Limited Level 11, 172 St Georges Terrace PERTH WA 6000 Enquiries: 1300 850 505 / +61 (3) 9415 4000 www.computershare.com.au SHARE REGISTRY: AIM Computershare Investor Services PLC The Pavilions Bridgwater Road BRISTOL BS99 6ZZ Enquiries: +44 (0) 870 702 0003 www.computershare.co.uk AUSTRALIAN MEDIA RELATIONS Cannings Purple Annette Ellis / Andrew Rowell Email: aellis@canningspurple.com.au / arowell@canningspurple.com.au Phone: +61 (0)8 6314 6300 UK MEDIA RELATIONS Tavistock Communications
Jos Simson / Emily Fenton Phone: +44 (0) 207 920 3150 KENYA MEDIA RELATIONS Africapractice (East Africa) Evelyn Njoroge / James Njuguna/Joan Kimani Phone: +254 (0)20 239 6899 Email: jkimani@africapractice.com PRINCIPAL & REGISTERED OFFICE Level 1, 50 Kings Park Road West Perth, Western Australia, 6005 Email: info@baseresources.com.au Phone: +61 (0)8 9413 7400 Fax: +61 (0)8 9322 8912 END
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