Base Resources Limited Appointment of Mineral Technologies & Lycopodium for PFS
May 15 2018 - 1:00AM
UK Regulatory
TIDMBSE
AIM and Media Release
15 May 2018
BASE RESOURCES LIMITED
Change in Director Interests
Base Resources Limited (ASX & AIM: BSE) (Base Resources or the Company) is
pleased to announce the appointment of partners Mineral Technologies and
Lycopodium to deliver the Pre-Feasibility Study (PFS) for the Company's Toliara
mineral sands project (Toliara Sands Project) in the south-west of Madagascar.
Mineral Technologies and Lycopodium have strategically aligned to bring
together industry leading innovation and technical and project delivery skills
to support Base Resources in delivery of the world class Toliara Sands Project
PFS. As a team, Mineral Technologies and Lycopodium have previously undertaken
studies and projects in minerals sands, including previous work on the Toliara
Sands Project, and are known throughout Africa for delivery of robust and fit
for purpose mineral processing plants.
Base Resources anticipates PFS completion in the March quarter of 2019. The
PFS will build on the considerable body of work completed by previous owners of
the Toliara Sands Project and together form the foundations of an accelerated
feasibility study program that aims to advance the project toward a decision to
proceed to construction in the second half of 2019.
ENDS.
CORPORATE PROFILE
Directors
Keith Spence (Non-Executive Chairman)
Tim Carstens (Managing Director)
Colin Bwye (Executive Director)
Sam Willis (Non-Executive Director)
Michael Stirzaker (Non-Executive Director)
Malcolm Macpherson (Non-Executive Director)
Diane Radley (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
Andrew Rowell
arowell@canningspurple.com.au
Phone: +61 (0)8 6314 6300
UK MEDIA RELATIONS
Tavistock Communications
Jos Simson / Barnaby Hayward
Phone: +44 (0) 207 920 3150
KENYA MEDIA RELATIONS
Africapractice (East Africa)
Evelyn Njoroge / 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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