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Last A$0.01 AUD
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As of 10:59 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

bassari resources ltd (BSR) Snapshot

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07/7/14 - A$0.03
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bassari resources ltd (BSR) Details

Bassari Resources Limited, together with its subsidiaries, is engaged in the discovering, developing, and exploring gold resources in Senegal, West Africa. The company owns interests in 3 contiguous permits comprising Moura, Sambarabougou, and Bounsankoba, which cover an area of approximately 850 square kilometers located on the Birimian gold belt. Bassari Resources Limited is based in Melbourne, Australia.

bassari resources ltd (BSR) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: A$286.9K
Executive Chairman
Total Annual Compensation: A$97.3K
Chief Financial Officer and Company Secretary
Total Annual Compensation: A$147.8K
Compensation as of Fiscal Year 2013.

bassari resources ltd (BSR) Key Developments

Bassari Resources Limited Announces Consolidated Earnings Results for the Half Year Ended June 30, 2014

Bassari Resources Limited announced consolidated earnings results for the half year ended June 30, 2014. For the period, the company reported revenue from continuing operations of $4,000 compared to $10,000 a year ago. Loss from continuing operations before income tax was $756,000 compared to $943,000 a year ago. Loss for the period attributable to the owners of the company was $756,000 or $0.08 per basic and diluted share compared to $943,000 or $0.15 per basic and diluted share a year ago. Net cash used in operating activities was $658,000 compared to $1,479,000 a year ago. Payments for capitalized exploration and evaluation expenditure were $1,362,000 compared to $1,638,000 a year ago.

Bassari Resources Limited Provides Update on Development of its High-grade Makabingui Gold Project in Senegal, West Africa

Bassari Resources Limited provided an update on the development of its high-grade Makabingui Gold Project in Senegal, West Africa. Significant improvements identified to process flow sheet. Field work completed for environmental & social impact study. Team from Senegal & Australia kick off project in the field. Water storage dam full and ready for commissioning. Potential cost reductions in capex and operating identified. The Bassari team is continually focused on upgrading its already outstanding feasibility study results and maximizing the use of existing infrastructure.

Bassari Resources Limited Provides an Update on Field Work Along the Major Gold Corridor Immediately South of its Makabingui Gold Project

Bassari Resources Limited provided an update on field work along the major gold corridor immediately south of its Makabingui Gold Project. Previous shallow drilling and recent artisanal mining confirms widespread gold mineralisation in this area, addition to the 1 million ounce Makabingui gold resource which has strike and depth potential. Key Points: Artisanal activity confirms extensive gold mineralisation; Widespread gold mineralisation confirmed by previous drilling over ~12km strike; Significant gold intercepts in shallow RAB, RC drilling and trenching, coincident with anomalous soil geochemistry identify high priority infill oxide zone drilling targets; Along strike from Makabingui Gold Project which has outstanding feasibility results; Located in a world class gold province with more than 60 million ounce gold endowment; Within regional shear zone which hosts significant large scale gold deposits and gold mines Bassari delivered an outstanding Feasibility Study for its Makabingui Gold Project which supports profitable high-grade gold production by initially mining four high grade pits within the 1Moz Makabingui gold resource in Senegal, West Africa.


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