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REG-Base Resources Limited: Kwale Operations resumes normal operations

AIM and Media Release 

15 June 2022

BASE RESOURCES LIMITED
Kwale Operations resumes normal operations

African mineral sands producer, Base Resources Limited (ASX & AIM: BSE) (Base
Resources) is pleased to report that mining at its Kwale Operations has, over
the past week, progressively returned to normal following the outage caused by
localised flash flooding.  Although this was an abnormal weather event, a
series of mitigations are being implemented to reduce the likelihood of a
future reoccurrence, including construction of additional storm water
diversion bunds and the acquisition of supplementary high capacity diesel
dewatering pumps.

Base Resources confirms that it remains on schedule to achieve financial year
2022 production guidance(1).

[Note (1): Refer to Base Resources’ announcement on 19 October 2021
“Quarterly Activities Report – September 2021” for Base Resources’
FY2022 production guidance.]

ENDS.

For further information contact:

 James Fuller, Manager Communications and Investor Relations  UK Media Relations             
 Base Resources                                               Tavistock Communications       
 Tel: +61 (8) 9413 7426                                       Jos Simson and Gareth Tredway  
 Mobile: +61 (0) 488 093 763                                  Tel: +44 (0) 207 920 3150      
 Email: jfuller@baseresources.com.au                                                         

This release has been authorised by Base Resources’ Disclosure Committee.

About Base Resources

Base Resources is an Australian based, African focused, mineral sands producer
and developer with a track record of project delivery and operational
performance.  The company operates the established Kwale Operations in Kenya
and is developing the Toliara Project in Madagascar.  Base Resources is an
ASX and AIM listed company.  Further details about Base Resources are
available at www.baseresources.com.au

PRINCIPAL & REGISTERED OFFICE
Level 3, 46 Colin Street
West Perth, Western Australia, 6005
Email:  info@baseresources.com.au
Phone: +61 (0)8 9413 7400
Fax: +61 (0)8 9322 8912

NOMINATED ADVISOR
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Stephen Allen
Phone: +61 (0)8 9480 2500

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Phone: +44 20 7523 8000



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