Ann: Diamond drilling commences at Mahela prospect, page-2

Excellent News! They are making nice steady progress on the exploration front. This is the first step toward achieving their recently announced game-changing ambitious resource extension in the form of a potential target to define around 1 million tonnes of near-surface easily mineable contained graphite. They already finished drilling 1000m of an in-fill/extension campaign in Mahefedok (the main actually being mined deposit) and now they started 2000m drilling of the nearby Mahela deposit.

Moreover, we also got a confirmation that delays are now well behind us and management are finally starting to execute successfully on their plan (achieving consistently nameplate stage1 6000tpa 94%+ purity graphite production and sales) :

"With the operational issues encountered in the March quarter now fundamentallyresolved, we’ve seen a marked improvement in our production metrics for thisquarter. This operational improvement is in addition to experiencing strongdemand for our superior quality concentrates, and subsequent sales growth seesBass in a solid position to continue its development."