The Directors of Bassari Resources Limited reported that the final assay results have been received for the initial resource drilling program at the Konkoutou Hill deposit within the Moura Permit. The last reverse circulation and diamond drilling results from the November 2016 initial resource drilling program have returned further high grade and encouraging gold intercepts. These additional drilling results have also confirmed the continuity of gold mineralised structures at the Konkoutou Hill gold deposit over a strike length of about 450 metres. Geological interpretation and assay results for the Konkoutou Hill deposit are being compiled for 3D modelling and resource estimation by international consultants. The more significant gold intercepts from the last few holes include 11m at 5.7g/t Au from 21m including 1m at 44.2g/t Au and 5m at 1.4g/t Au (RCM084); 5m at 4.9g/t Au from 23m including 1m at 22.2 g/t Au and 4m at 2.0g/t Au (RCM087); 3m at 2.9g/t Au from 50m (RCM089); 2m at 2.5g/t Au from 64m and 2m at 1.9g/t Au from 74m (RCM083). The initial resource drilling program followed up the earlier high grade drilling results and has provided sufficient drill coverage to estimate a resource for the deposit, particularaly to the depth of weathering at about 50m below surface. Further drilling is planned at a later stage1to extend the deposit and for pre-development requirements. The drilling program totalled 2,922 m including 2,424 m of reverse circulation (RC) and 498m of diamond drilling (DD) in a grid of 40m x 40m. The objective of the drilling was to confirm the continuity of the mineralised structures previously intersected, at depth and along strike and to provide data to estimate a resource. There were 24 RC holes (RCM066 to RCM089) in eleven lines along the deposit. Most of the holes were drilled towards the south at a dip of -60° in order to intersect perpendicularly the maximum number of structures controlling the gold mineralisation. The RC program drilled the deposit to below the depth of weathering, which is at about 50m below surface. Seven RC holes were extended by diamond drilling (RCM056D, RCM067D, RCM069D; RCM070D, RCM071D, RCM079D and RCM082D) in order to check for deeper mineralised structures below the depth of weathering. Many narrow veins have been intersected in the DD program and interpretation of the deeper mineralised structures will provide further drilling targets at depth. The lithology logged in the diamond core is mainly foliated greywacke and shale intersected by quartz veins and quartz veinlets. Locally quartz feldspar porphyry fingers (1-2m width) have intruded the sedimentary units.