Admission to Trading on AIM

ASX, AIM and Media Release
8 January 2013

Admission to Trading on London's AIM Market

Base Resources Limited (ASX:BSE; AIM:BSE) ("Base" or the "Company") is pleased
to announce that its ordinary shares will be admitted to trading on the AIM
Market of the London Stock Exchange ("AIM") effective 8:00am (GMT) today, under
the ticker code "BSE".

The compliance listing on AIM is in addition to the Company's existing listing
on the ASX and is part of a strategy to expand its international profile and
capitalise on substantial UK and European investor interest in the Company and
its Kwale Mineral Sands Project ("Kwale Project"). AIM is recognised as one of
the world's leading exchanges for junior resource companies, with a significant
peer group, analyst coverage and institutional investor following of companies
active in Africa.

Further information on Base Resources and Base Titanium, the wholly owned
Kenyan subsidiary developing the Kwale Project, is available at 
www.baseresources.com.au and www.basetitanium.com.

RFC Ambrian Limited is acting as the Company's nominated adviser and broker for
the AIM admission.

A full PDF version of this announcement is available at the Company's website: 
www.baseresources.com.au.

ENDS

Contacts:

Base Resources Limited
Tim Carstens
Managing Director
Email: [e-mail]
Phone: [phone]

RFC Ambrian Limited (Nominated Adviser and Broker)
As Nominated Adviser                       As Broker
Andrew Thomson or Trinity McIntyre         Caspar Shand-Kydd
Phone: [phone]                   Phone: [phone]

Tavistock Communications (UK Media Relations)
Jos Simson/ Jessica Fontaine/ Emily Fenton
Phone: [phone]

Cannings Purple (Australian Media Relations)
Annette Ellis / Warrick Hazeldine
Email: [e-mail]
[e-mail]
Phone: [phone]

Corporate Details:

Board of Directors:                        Principal & Registered  Contacts:
                                           Office: 
Andrew King      Non-Executive Chairman    Level 1                 Email:
Tim Cartsens     Managing Director         50 Kings Park Road      [e-mail]
Colin Bwye       Executive Director        West Perth              Phone: [phone]
Sam Willis       Non-Executive Director    WA 6005                 Fax: [phone]
Michael Anderson Non-Executive Director
Trevor Schultz   Non-Executive Director
Winton Willesee  Non-Executive Director/ Company Secretary

About Base Resources

Base Resources Limited (ASX:BSE) is developing the world-class Kwale Mineral
Sands Project in Kenya, East Africa. Kwale is an advanced and highly
competitive project in a sector with a significant forecast supply shortfall
widely expected to emerge in the medium term.

The Kwale Project represents an advanced development opportunity with all
material project approvals, permits and licenses required for development
secured, funding in place and construction of all project elements underway.

The Project enjoys a high level of support from the Government of Kenya as well
as the local community and, located just 50km from Mombasa, Kenya's principal
port facility, is well serviced by existing physical infrastructure.

Importantly, two pilot plant operations at Kwale provide confidence in
processing behaviour and indicate a suite of readily marketable products. The
Project's high value mineral assemblage and low stripping ratio result in a
projected revenue to cash cost ratio that would place Kwale in the top quartile
of world producers.

A realistic development time line should see the Kwale Project in production in
the second half of 2013.