Bass Metals
ASX-listed graphite junior Bass Metals is delivering on its set optimisation timeline at the Graphmada graphite mine in eastern Madagascar. 


Bass Metals has purchased two caterpillar generators capable of providing sufficient power for a fully refurbished plant, and for future expansion needs.

The two 800 kVa generators are currently being shipped to site and are expected to be installed before the end of the year.

The installment will see a greater than 30% increase in the availability and subsequent utilisation of the 6 000 tpa  processing plant at Graphmada.

In addition, higher head grades through improved mine planning at the large flake graphite mine will augment the increased availability of the plant.

Since acquiring the mine, Bass Resources has seen an improvement in head grades from 4-5% up to 7-8% of total graphitic carbon. This is in contrast to the stated Mineral Resource grade of 4.1%.

Bass Resources remains very positive that the grades will continue to increase with depth beyond that of the currently published Mineral Resource, which is estimated to be only 6 meters.

The company also reports that the construction of its new workshop facilities, a key element of preparation for processing plant refurbishment works, is on time and on budget. All tooling and equipment has been ordered and is being prepared for shipment.

Recent testing undertaken by Scientific Design has also seen board approval of the commissioning of a 12 000 tpa drying, screening and packaging facility. The facility will replace the existing rotary dryer and screens with a state of the art facility.

The facility will be capable of matching the refurbishment capacity of the existing plant, while providing start-up capacity for the planned second processing plant, which will increase total processing capacity to between 20 000 and 24 000 tpa at Graphmada.

First concentrate sales

Bass Resources also reports that Graphmada continues to make concentrate sales to existing customers in the US and India, recently shipping its first sales under Bass’ management.

The shipment of about 200 t will generate significant revenue for the company.