13:28 AEST June 4, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved.
Broken Hill, Australia (ABN Newswire) - FINANCE VIDEO: ABN Newswire interviews Mike Rosenstreich, MD of Bass Metals Limited
(ASX: BSM) about the company's lead, silver and zinc operation in Western Tasmania, as well as the involvement in the inaugural RES Event at Broken Hill.
The Company's growth strategy centres on the development of a 'pipeline' of production, near-production and exploration assets in this prolific mineral belt, with strong leverage to a substantial new discovery through its extensive regional ground holding. In December 2008 Bass Metals significantly expanded its asset base with the transformational acquisition of the Hellyer Mill and associated infrastructure, which has positioned the Company as an independent, emerging mining company that is not reliant on third party ore treatment or off-take arrangements.
The Company's production hub is the 100% owned Que River base and precious metals project, mined in alliance with Mancala Pty Ltd. Stage 1 production at the rate of approximately 5,000 tonnes of ore per month commenced in September 2007 as an open pit operation. Que River ore is currently sold to the nearby Rosebery Plant under an Ore Sales Agreement with the plant's owner/operator, OZ Minerals Limited.
View the Video Interview here: