First Bulk Rutile and Zircon Shipments

ASX, AIM and Media Release

8 April 2014

                    FIRST BULK RUTILE AND ZIRCON SHIPMENTS                     

Base Resources Limited (ASX & AIM: BSE) ("Base") ("Base" or the "Company") is
pleased to advise the departure on Sunday of the first 7,000 tonne bulk
shipment of rutile from the Likoni Port Facility as well as the first
containers of zircon via the Mombasa Port container facility. Both the rutile
and zircon shipments were scheduled for late March but vessel availability had
resulted in shipment being delayed.

With these shipments, and the 45,300 tonnes of ilmenite exported to date, the
Kwale Operations have now completed the transition from construction project to
operating mine successfully producing all products to specification.

Payment for the first ilmenite shipment was received in March and, with the
commencement of rutile and zircon sales, Base will be generating positive
operating cash flows in the next month.

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