Brief: Base Resources Posts Dec Quarter Ore Mined At South Dune 4.5 Million Tonnes

Base Resources

24/01/2023 01:28

Jan 24 (Reuters) - Base Resources Ltd  BSE.AX :
    * DEC QUARTER ORE MINED AT SOUTH DUNE 4.5 MILLION TONNES
VERSUS
4.3 MILLION TONNES
    * QTRLY SALES REVENUE $651 PER TONNE VERSUS $459 PER TONNE
AT
SOUTH DUNE
    * TOLIARA PROJECT RARE EARTHS CONCEPT STUDY IS ON TRACK FOR
COMPLETION IN MARCH 2023 QUARTER
    * DISCUSSIONS WITH GOVERNMENT OF MADAGASCAR ON TOLIARA
PROJECT
FISCAL TERMS CONTINUED TO PROGRESS POSITIVELY
    * RESULTS FROM PHASE 1 OF EXPLORATION DRILLING IN NORTHERN
TANZANIA EXPECTED TO BE RELEASED IN MARCH 2023 QUARTER

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