Clarification

ASX, AIM and Media Release

5 December 2013

                                 CLARIFICATION                                 

Base Resources Limited (ASX & AIM: BSE) ("Base") notes the article on Bloomberg
regarding future acquisitions. The Company would like to clarify management's
immediate and complete focus is on commissioning its flagship Kwale project,
reaching full production and creating shareholder value organically.

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

ENDS

For further enquiries contact:

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        Jonathan Williams
Phone: [phone]                 Phone: [phone]

Africapractice (East Africa) (Kenyan Media Relations)
David Maingi/ James Njuguna/Joan Kimani
Phone: [phone]
Email: [e-mail]

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

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

Corporate Details:

Board of Directors:
Andrew King          Non-Executive Chairman
Tim Carstens         Managing Director 
Colin Bwye           Executive Director
Sam Willis           Non-Executive Director
Michael Anderson     Non-Executive Director
Trevor Schultz       Non-Executive Director
Michael Macpherson   Non-Executive Director
Winton Willesee      Company Secretary

Principal & Registered Office:          Contacts:
Level 1                                 Email: [e-mail]
50 Kings Park Road                      Phone: [phone]
West Perth                              Fax: [phone]
WA 6005