Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Kasbah Resources uncovers up to 6.12% tin at second Moroccan tin project  Join our daily free Newsletter

MENAFN - ProactiveInvestors - Australia - 17/12/2012

No. of Ratings : 0
Add to Mixx!


 


Early positive drilling results from Kasbah’s second tin project in Morocco, Bou El Jaj, show tin mineralisation of up to 6.12% at shallow depths. The project’s location just 15km from Kasbah’s Achmmach Tin Project provides potential for strong synergies between the two projects, particularly if open pittable mineralisation is identified at Bou El Jaj.
(MENAFN - ProactiveInvestors - Australia) Kasbah Resources (ASX: KAS) has delivered positive early results from its wholly owned Bou El Jaj Tin Project in Morocco where first phase diamond drilling has returned up to 6.12% tin.

The Bou El Jaj Project, the company's second tin asset, comprises four outcropping tin targets, and is located just 15 kilometres by road to the southwest of Kasbah's Achmmach Tin Project.

The close proximity of the two tin deposits provides potential for strong synergies between the two projects, particularly if open pittable mineralisation is identified at Bou El Jaj Project.

Gallery Hill and Grand Crete are the first two prospects to be tested, of the four shallow targets.

Six sections were completed across 400 metres of strike at Gallery Hill, which delivered a highlight intercept of 9 metres at 1.03% tin from 27 metres, including 1 metre at 6.12% tin from 35 metres.

Other intersections included:

- 5.5 metres at 0.53% tin from 6.7 metres;
- 5 metres at 0.8% tin from 49 metres;
- 3.5 metres at 0.52% tin from 12.5 metres;
- 4.9 metres at 0.51% tin from 17 metres; and
- 3.7 metres at 0.54% tin from 27.9 metres.

Drilling to date on Gallery Hill section 78860mN has shown that tin mineralisation extends beneath the anomalous rock chip samples to nearly 50 metres down dip at 30 metres below the surface.

This drilling confirms the presence of tin mineralisation at shallow depths beneath the rock chip anomaly, although insufficient data is available to date to determine the down dip and along strike variability of these results.

At the Grande Crete Prospect, two sections were completed across 120 metres of strike length, with assays still pending.

Early drilling results to date show the structures interpreted from the geologic mapping and rock chip sampling host tin mineralisation at shallow depths.

Based on the strength of these early results, Kasbah has expanded the drill program from 5,000 to 8,000 metres.

Drilling at the remaining two shallow targets, Ain Karma and Hill 982, is underway with completion expected in December 2012.


Potential additional tin source

Bou El Jaj is a potentially attractive shallow tin target which could provide a supplementary tin ore source for a future processing facility at Achmmach.

Importantly, Kasbah remains well funded to continue its aggressive exploration at both of its tin projects with A22.1 million in cash as at 19 November 2012.

At Achmmach, drilling is targeting the upgrade of Inferred Resources in the Eastern Zone and has defined strong potential for shallow mineralisation in the TZ301 envelope.

Also, drilling on section 3050mE strongly suggests high grade mineralisation continues at depth.

 






  MENA News Headlines
Apr 23 2014Saudi- Exhibit to showcase 1000 paintings ,Arab News
(MENAFN - Arab News) Arabian wings (aw) will kick off fiesta 1000 a display of 1000 paintings in jeddah on thursday at the al-furusya yacht club. 'the project has received support from different ...

Apr 23 2014Saudi- Sweet success: Mars factory in KAEC impresses governor ,Arab News
(MENAFN - Arab News) Makkah gov. prince mishaal bin abdullah recently paid an official visit to king abdullah economic city (kaec) where the mars chocolate factory one of the largest confectionery ...

Apr 23 2014Saudi- Insurance sector index surges 2.27% ,Arab News
(MENAFN - Arab News) The benchmark tadawul all-share index (tasi) closed tuesday's trading session down by 11.18 points or 0.12 percent to 9606.58 after being low as much as 55 points during the ...

Apr 23 2014Saudi- First group of doctors engineers graduate from IMSIU ,Arab News
(MENAFN - Arab News) The riyadh-based imam muhammad ibn saud islamic university (imsiu) celebrated the graduation of 17000 students this year on monday on its campus in the presence of riyadh gov. ...

Apr 23 2014Kowait: 5938 illegal residents said 'rectified' status ,Arab Times
(MENAFN - Arab Times) Kuwait city april 5 (kuna): up to 5 938 illegal residents have modified their status since formation of the central agency for remedying illegal residents' status in 2011 ...

Apr 23 2014Kowait- 'All must join hands to save youth from strife' ,Arab Times
(MENAFN - Arab Times)  kuwait city april 9 (kuna): minister of information and minister of state for youth affairs sheikh salman al-sabah said tuesday the youth ministry has completed a study ...

Apr 23 2014Saudi- Yaroub Bashraheel: In search of peace ... underwater ,Arab News
(MENAFN - Arab News) You've heard of diving snorkeling and other water activities but rarely has anyone heard of free-diving. it's a form of diving underwater without the aid of any breathing ...

Apr 23 2014Kowait- MoH boosts efforts to curb obesity rate ,Arab Times
(MENAFN - Arab Times)  kuwait city feb 3 (kuna): director of the health well-being division of the ministry of health dr abeer al- baho affirmed sunday that the ministry scaled up the efforts ...

Apr 23 2014UAE- Local international companies come out in force ,Khaleej Times
(MENAFN - Khaleej Times) Cityscape abu dhabi has started showing stronger interest from property developers who have showcased their upcoming projects. the three-day realty show was opened by ...

Apr 23 2014Saudi- Noha Al-Sharif — an expert in Islamic sculpture ,Arab News
(MENAFN - Arab News) Saudi sculptress noha al-sharif is known for her islamic inspired sculptures that reflect both religion and lifestyle. the concept of modern art attracted her to this medium ...

Apr 23 2014Saudi- Schneider highlights intelligent health care solutions at forum ,Arab News
(MENAFN - Arab News) Schneider electric a global specialist in energy management is set to showcase its leadership in intelligent health care solutions at the second saudi forum for planning and ...

Apr 23 2014UAE- ADCB NIC in Dh950 million deal ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi commercial bank or adcb this week inked a dh950 million term facility to provide national investment corporation or nic the developer of the breakwater area in ...

Apr 23 2014'Piles and piles' of bodies in S. Sudan ,Arab News
(MENAFN - Arab News) Nairobi: gunmen who targeted both children and the elderly left 'piles and piles" of bodies — many of those in a mosque — in a provincial capital in south sudan the un's top ...

Apr 23 2014Kuwait- Al-Mazaya Holding unveils Queue Point project's second stage ,Arab News
(MENAFN - Arab News) Al-mazaya holding company one of the first kuwaiti companies that entered the dubai market launched the second stage of the queue point project in liwan.addressing a press ...

Apr 23 2014UAE- Billion-dollar realty projects on show ,Arab News
(MENAFN - Arab News) Cityscape abu dhabi a three-day realty event that began with 120 regional and international exhibitors witnessed major announcements on tuesday.salama bint hamdan al-nahyan ...

Apr 23 2014Saudi- Ministry launches complaint center for domestic workers ,Arab News
(MENAFN - Arab News) The labor ministry has launched a first-of-its-kind multilingual communication center to address complaints and grievances voiced by the kingdom's 1.2 million domestic ...

Apr 23 2014Saudi- Divorcees can seek housing ,Arab News
(MENAFN - Arab News) The kingdom will accept applications from saudi divorced women and widows for financial and housing support said justice minister muhammad al-issa.al-issa called on applicants ...

Apr 23 2014Kowait- Police deportation powers curbed ,Arab Times
(MENAFN - Arab Times) Kuwait city april 3 (afp): kuwaiti police will no longer be able to deport expatriates without interior ministry approval under new rules published thursday after officers ...

Apr 23 2014Kowait- Amiri Diwan urges all off tape case ,Arab Times
(MENAFN - Arab Times)  kuwait city april 9 (agencies): the amiri diwan has called on everybody to steer clear of the controversial tape issue and let the public prosecution take the necessary ...

Apr 23 2014Saudi- New passport office opens at Red Sea Mall ,Arab News
(MENAFN - Arab News) The passport department has opened a new office for citizens and residents at the red sea mall.gen. abdul rahman bin abdullah al-tuwairki deputy director general of the ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help