GREENWING RESOURCES LTD — Major Shareholding Notification 2006

Nov 7, 2006

BASS METALS LTD

8 November 2006

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

By: e-lodgement (ASX code: BSM)

Dear Sir

RE: FORM 603 'NOTICE OF INITIAL SUBSTANTIAL HOLDER'

Please find attached a Form 603 'Notice of Initial Substantial Holder' notice received today from Saracen Mineral Holdings Ltd.

Yours sincerely

Whinte

Susan Hunter Company Secretary

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	BASS METALS LIMITED
ACN/ARSN	________ TWO WWW LAALAA ------- -------------------------------------- 109 933 995
	-------------------------------------- ________ --------------------------------------

1. Details of substantial holder (1)

Name		SARACEN MINERAL HOLDINGS LIMITED
ACN/ARSN (if applicable)	Ab Adams and 009 215 347	______	AAAA EE LEAN A JALIMAA LE
	$M = M = -1$	REPORT & BUSINESS AND AN ARRAIGNMENT	---------------------------------------

$03/11/2006$ The holder became a substantial holder on

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4) the contract of the contract of the contract of Symphony P.F. L. Lewis Co. Lewis Co. Lewis Co.	Number of securities アイア けいしょう パー・パー・	Person's votes (5) 2012/06/14 14:56	______ Voting power (6) __
ORD FULLY PAID Photography control to a set a set	6,400,000 --------------------	6,400,000 PARALA LE ESTRELE	10.118 --------------------------------------
***	*****	PERSONAL REPORT AND ADDRESS ---------------------------------------

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest immensuus aan		Nature of relevant interest (7)	Class and number of securities
	SARACEN MINERAL ROLDINGS LTD ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	DIRECT $ -$	6,400,000
	PER PERSONAL PROPERTY AND ART AND A REPORT OF PERSONAL PROPERTY AND INCOME.	_____ _	-------------- Program and Contract Constitutions

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest _________	シニングソフィッシュ シー・トーン Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
SARACEN MINERAL HOLDINGS LTD TENNING ANG ANG ANG PARTICIPAL	SARACEN MINERAL HOLDINGS LTD *****	SARACEN MINERAL HOLDINGS LTD	6,400,000
********	--------------------------------------	アントライン ハイ けいりょうしん エーエー	________

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash.
$\Delta$ SARACEN MINERAL HOLDINGS LTD	. 03/11/2005		Being part consideration for the sale of the Company's Tasmania	6,400,000

$- - - - - -$ $[10.00000000000000000000000000000000000$	----------	_________ Exploration Division.	----- ________

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Hall of the CA of the California compared to the first of company Name and ACN/ARSN (if applicable)	-------------------------------------- . . Nature of association .
	PERSONAL PROPERTY AND LONGODO ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES ANGELES
material possible de la constitución de la componencia de estadounidad en la componencia de la constitución de manufactura de la componencia	manner and manner and an anti-research and an advanced about a communication of the state and manner

7. Addresses

The addresses of persons named in this form are as follows:

Name	----- A PERSONAL AL AL AL AL AL ANTES Address
SARACEN MINERAL HOLDINGS LTD	LEVEL 7, 350 COLLINS STREET, MELBOURNE VIC 3000

Signature

print name	RAJAN NARAYANASAMY	capacity	SECRETARY
sign here	AMTER Mill wannsummummummummummummummummummummummummumm	date	08/11/2006

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an $(5)$ associate has a relevant interest in.
• $(6)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $(7)$ Include details of:
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of $(a)$ any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• $(8)$ If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write. "unknown".
• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was $(9)$ acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in

relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

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