Bassari Resources Limited provided update on Makabingui Gold Project. The company has completed a fund raising with commitments received approximating $700,000, and will shortly undertake a 4,025 metres reverse circulation (RC) infill and grade control drilling program in Pit 1 and Pit 2 of the Makabingui Gold deposit. The drilling will be conducted on a 25m x 25m grid. The estimate reserves of the pits are: Pit 1: 107,000 ounces at 7.5 g/t Au; Pit 2: 51,000 ounces at 3.8 g/t Au; Pit 3: 5,000 ounces at 3.1 g/t Au; Pit 4: 13,000 ounces at 5.9 g/t Au. The objective of the drilling is for grade control and also to confirm and extend the mineralisation along the interpreted plunge of the high grade mineralised zones located on intersection of the main host structures with cross faults. The objective of this drill program is to better define the ore lodes in the upper levels of the pits for accurate selective mining activity and to extend some high grade zones at depth. Clearing of drill lines has commenced with drilling scheduled to start within two weeks.