www.bassmetals.com.au
Bass Metals (ASX: BSM) is a growth focused and profitable Australian base and precious metal producer with a portfolio of high quality zinc, lead, copper and gold assets in the rich Mount Read Volcanic mineral belt in northwest Tasmania. Listing in 2005, Bass delivered its maiden profit in 2008 from its profitable base metals production hub at Que River in Tasmania, which has generated $25 million in cash flow over the last two years.
The Company also has an active and successful exploration programme and is currently following up on recent discoveries at Switchback and Fossey East which are high-grade and located in close proximity to existing mines and milling infrastructure. Bass has an experienced Board and operating team who have a strong track record of delivering profitable production underpinned by exploration success and are highly motivated to improve on that record.
The Company’s growth strategy centres on the development of a ‘pipeline’ of production, near-production and exploration assets in this prolific mineral belt, with strong leverage to a substantial new discovery through its extensive regional ground holding.
Bass Metals in trading halt pending capital raising
Perth-based Bass Metals (ASX:BSM) has requested a trading halt pending release of an announcement about a capital raising.
The halt will last until an announcement is made or commencement of trading on Thursday 28th October 2010.
On October 13 Bass Metals reported that mine development and mill refurbishment is on track for first concentrate sales in January 2011 at its Hellyer Mine Project, as well as a new production growth initiative underway.



















