Image Sourced ShutterStock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Drilling has commenced at Kasbah Resources’ Achmmach Tin Project in Morocco
  • The drilling is designed to test the continuity of tin mineralisation along the 1.2 kilometre untested Sidi Addi strike
  • The drill program is estimated to take two to three weeks and will consist of a 10 hole, 2100 metre diamond drill

The recent drilling program was designed to test the continuity of tin mineralisation along the 1.2 kilometres untested Sidi Addi strike.

Presently Achmmach has a measured and indicated resource of 14.9 million tonnes at 0.85 per cent tin, with 0.34 million tonnes at 1.25 per cent is hosted on the Sidi Addi trend and the remaining 14.6 million tonnes on the Meknes Trend.

This drill is estimated to take approximately two to three weeks and will consist of a 10 hole, 2100 metre diamond drill.

At this time KAS is not targeting the define resources – but is however, designed to prove the continuity of the tin mineralisation and increasing the understanding of the Sidi Addi trend.

If this drill program is successful in proving continuity then additional drilling will be required for a mineral resource to be defined.

As previously reported Kasbah has been undertaking strategic evaluations of its exploration prospects in Morocco to identify the highest potential development targets.

In 2018, with collaboration from independent company Minerva Intelligence, a conclusion was reached that the untested 1.2 kilometre strike of Sidi Addi was the highest priority target.

“While this initial program is just 2100 metres, it is the first step in developing an understanding of the full potential of the Sidi Addi trend. The Achmmach Tin Project remains the most advanced undeveloped tin project in the world,” CEO of Kasbah Evan Spencer said.

Kasbah shares are unchanged having traded at 5 cents since July 18 with a market cap of $6.661 million.

KAS by the numbers
More From The Market Online

Great Western shares jump nearly 11% on WA govt funding for priority Cu-Au targets

Great Western Exploration shares jump nearly 11 percent on West Australian government funding to test copper-gold…

Lithium Universe ends the quarter charged up for Quebec Refinery roll-out

Lithium Universe has closed off the March quarter with a new Chief Financial Officer and strategically located land…

Alligator snaps at extended mineralisation of Blackbush uranium deposit in SA

Extension drilling in the first four months of this year at the Samphire Uranium Project in South Australia has enabled Alligator Energy Ltd