http://www.bassmetals.com.au/tasmania_projects__gold.33.html...

http://www.bassmetals.com.au/tasmania_projects__gold.33.html

Tasmania Projects - Gold
Mt Charter Gold-Silver project (100% BSM)

The initial Mt Charter resource of 378,000 ounces gold-equivalent provides for a significant platform from which to continue to grow and develop a Tasmanian gold business. The Company has a pipeline of projects to achieve this.

BSM recognised the gold potential of the Mt Charter area and soon after the Company was listed on the ASX initiated a drilling programme to enable a mineral resource estimate for the Mt Charter Au, Ag, Ba and Zn deposit. The deposit is located approximately 4km south west of the Hellyer deposit and 2km west of the Que River deposit in a similar VHMS style geological setting. A schematic drill hole location plan and simplified geology is provided in Figure 11 and two representative drill sections in Figures 12 & 13.

Table 5: Summary of Classified Mt Charter Mineral Resource (0.7g/t Au cut-off)

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