Kasbah Resources’ Gap Zone drilling identifies Meknes Tin Resource extension

Kasbah Resources (ASX: KAS) has intersected extensions of the Meknes Resource in the latest drilling program at the Achmmach Tin Project in Morocco.

The infill and extensional drill program was designed to test the Gap Zone, a significant exploration target which could link the mineralisation identified in a 2010 Resource model in the Meknes/Fez and Eastern zones.

Results from drilling so far include:

- 45.2 metres at 0.64% tin from 235.8 metres;
- 17 metres at 0.71% tin from 310 metres; and
- 18.7 metres at 0.7$ tin from 403 metres, including 5 metres at 1.38% tin.

Mineralisation/alteration zones have generally been intersected in their predicted location, showing good correlation within the Meknes Trend.

Surface mapping and drilling have identified a semi-continuous felsic intrusive, which has potential to host alteration and tin mineralisation.

This intrusive represents a different style of tin target.

Five drill rigs are in operation at Achmmach, with drilling increasing to about 3,000 metres per month.

Kasbah has more than 1,000 assays pending from four drill holes.

The company had $20.7 million cash as at the end of the September quarter.

Achmmach Tin Project

Kasbah’s 100%-owned Achmmach project contains one of the largest undeveloped tin deposits in the world, with a JORC Resource of 7 million tonnes at 0.8% tin, with a cut-off grade of 0.5%, for 54,000 tonnes contained tin.

This comprises an Indicated Resource of 2.2 million tonnes at 0.8% tin, and an Inferred Resource of 4.8 million tonnes at 0.8% tin.

This Resource is based on an independent study by the Quantitative Group or 20 historical diamond drill holes and 41 new diamond drill holes.

The study included the Meknes, Fez, Marrakech and East Zone prospects.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/22461/kasbah-resources-gap-zone-drilling-identifies-meknes-tin-resource-extension-22461.html