re: Ann: Another Record at Fossey East- 9 met... Very...

re: Ann: Another Record at Fossey East- 9 met... Very nice!

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- 8.6 metres at 23.3 % zinc 12.1 % lead, 2.0 g/t gold, 184 g/t silver and 0.8% copper;

- 4.45 metres at 19.4 % zinc 9.7 % lead, 1.8 g/t gold, 128 g/t silver and 0.5% copper ;

- and, within an, Overall zone of 20.1 metres at 14.7 % zinc, 7.5 % lead, 1.4 g/t gold, 114 g/t silver and 0.5 % copper in diamond drill hole FUD019.

Bass Metals considers that sufficient drilling has now been completed to enable an initial mineral resource estimate to be completed by the end of February, 2011. Drilling to date has succeeded in defining a large, coherent outline of high-grade mineralisation. Further drilling will be undertaken to test for further mineralisation around and possibly off-set by the Easy Street Fault, when a drilling location from underground becomes available at the northern end of the Fossey Mine.