Brief: Base Resources Says Decision To Proceed With Development Of Bumamani Project Made

Base Resources

20/06/2022 02:31

June 20 (Reuters) - Base Resources:
    * DECISION TO PROCEED WITH DEVELOPMENT OF BUMAMANI PROJECT 
MADE
FOLLOWING CONSIDERATION OF BUMAMANI DFS OUTCOMES
    * ADDITIONAL 17.9 MILLION TONNES OF ORE RESERVES ARE
EXPECTED TO
BE MINED AT BUMAMANI PROJECT
    * FY23 PRODUCTION GUIDANCE AT BUMAMANI PROJECT FOR RUTILE
62,000
TO 73,000 TONNES
    * FY23 PRODUCTION GUIDANCE FOR BUMAMANI PROJECT OF ILMENITE
-
260,000 TO 310,000 TONNES
    * FY23 PRODUCTION GUIDANCE FOR BUMAMANI PROJECT FOR ZIRCON -
22,000 TO 27,000 TONNES

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