GREENWING RESOURCES LTD — Investor Presentation 2006

Sep 27, 2006

BASS METALS LTD

28 September 2006

The Manager Companies Company Announcements Australian Stock Exchange 20 Bridge Street Sydney NSW 2000

Dear Sir

Re: Resources Rising Stars - Presentation

Please find attached a copy of the presentation Bass Metals Ltd will be giving to the delegates attending the 'Resources Rising Stars' investment seminar on the Gold Coast this afternoon.

The key point of the presentation is to describe the four distinct exploration initiatives the Company is working on, which includes bringing its Que River base metals project into production. The Company's focus is on western Tasmania, an area famous for very large mineral deposits sometimes referred to as "elephants". The attached presentation also tries to emphasis the point that it is exploring in "elephant country".

Yours sincerely

Mike Rosenstreich Managing Director

BASS METALS 120

"Four legs to our growth strategy......one of them could belong to an elephant!"

FASSE MONTH Resources Rising Stars 2006

膠 WIKE KORA KARA KAI Matatalolo e Diraccion

rolal Metal Encowment" of BSM's neighbours
Deposit	tonnes (Mt)	Grades (per tonne)	Contained metal Value (USS)
Hellyer**		16.90 14% Zn, 7% Pb, 5oz Ag & 2.5 g/t Au	11 billion
Mt Evell	311.00	1% Cu & 0.3a/t Au	25 billion
Rosebery	31.99	14% Zn, 4% Pb, 5oz Aq & 2.3 q/t Au	21 billion
Hercules	3.30	17% Zn, 6% Pb, 6oz Aq & 2.8 g/t Au	3 billion
Que River**	3.30.	13% Zn, 7%Pb, 6 oz Aq & 3.3 g/t Au	2 billion
Henty	2.83	12.5a/t Au	700 million
Renison	25.10	$1.4\%$ Sn	3 billion
Avebury	11.50	1% Ni	3 billion