Greenwing Resources Ltd (ASX:GW1)
Bass Metals Limited (ASX:BSM) is owner of the Graphmada Large Flake Graphite Mining Complex in Madagascar.
All mining and processing infrastructure, including roads, bridges, power, camp, tailings dams are in place, along with 40-year permits and 20-year landholder agreements. The Complex sits adjacent to the main national highway and is 110km to the deepwater port at Toamasina.
Exploration & Discovery
Exploration has targeted graphite in soft rock (regolith), drilled down to a maximum of approximately 50m stopping at hard rock. The known hard rock mineralisation remains open and untested at depth.