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    market news

    Bass Metals on the Lookout for New Opportunities

    Investing News Network
    Feb. 25, 2013 05:14PM PST
    Industrial Metals Investing

    Mining Weekly reported that embattled exploration company, Bass Metals, will diversify its portfolio and restart exploration activities including the guiding framework that outlined tin as the commodity of choice, after the $11-million sale of its Hellyer mill.

    Mining Weekly reported that embattled exploration company, Bass Metals, will diversify its portfolio and restart exploration activities including the guiding framework that outlined tin as the commodity of choice, after the $11-million sale of its Hellyer mill.

    As quoted in the market news:

    Bass told shareholders on Monday that following the transaction’s completion, the company was now effectively debt free and had some A$3-million in working capital to restart exploration programmes on its Tasmanian projects, and to pursue new project opportunities.

    Click here to read the full Mining Weekly report.

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