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

Click to Apply



Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

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


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Investment Game
Economic Calendar
Financial Glossary

Portfolio Tracker


Financial Calculators

RSS Feeds [XML]

Corporate Monitor


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