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ASX RELEASE
13.5 % TIN AT SURFACE
ACHMMACH TIN PROJECT
EXPLORATION UPDATE
HIGHLIGHTS - NORTHERN ZONE
Surface, high grade tin mineralisation in the Northern Zone has been confirmed by 117, 3-4kg rock chip samples across mineralised outcrop
Peak assay of 13.5% tin is supported with more than 50% of all samples assaying ≥ 0.3% tin
Three (3) outcropping tin mineralised trends have been defined
Surface trenching across mineralised trends where outcrop is absent is underway
Historic holes drilled in this area targeting deeper structures are being re-logged and recut for assay
Tin price increases to US$18,600 / tonne
At surface Tin
12 April 2010
ASX Code: KAS
Board & Management
Graeme Walker
Non Executive Chairman
Wayne Bramwell
Managing Director
Rod Marston
Non Executive Director
Rob Weinberg
Non Executive Director
Trevor Hart
Chief Financial Officer / Company Secretary
Exploration Manager
Jeffrey Lindhorst
Projects - Morocco
Achmmach Tin Project
Tamlalt Gold Project
Investment Data
Shares on Issue 177M
Shareholders
Top 20 Hold 65%
LME Tin Price (09/04/10)
US$18,600 / t (cash buyer)
Kasbah Resources Limited
19 Hardy Street
South Perth
WA Australia 6151
Tel: (+61) 8 9463 6651
Fax: (+61) 8 9463 6652
For further information email
Or visit our website
www.kasbahresources.com
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ASX RELEASE
ACHMMACH EXPLORATION UPDATE: 13.5% TIN AT SURFACE IN NORTHERN ZONE
Kasbah Resources Limited (Kasbah) is pleased to announce the latest results from follow up surface sampling of the Northern Zone open pit target (Figure 1).
Systematic rock chip sampling of outcropping tin mineralised structures has confirmed the presence of high grades at surface in the Northern Zone (previously identified from mapping and grab samples).
A total of 117, 3-4kg composite rock chip samples were collected with a peak value of 13.50% tin being found in the 070 trending structure.
More than 50% of the samples returned grades of ≥ 0.3% Sn.
(refer appended table 1).
Three outcropping mineralised trends have been identified in the Northern Zone in an area of 400m x 300m (Figure 2).
Trend 070
250m sampled strike extent.
Tin mineralisation is in steeply north dipping hydrothermal breccias, 0.5-1.5m wide with cassiterite (peak tin value of 13.5% in KAS4044)
Trend 110
100m sampled strike extent.
Tin mineralisation is in steep to south dipping zones up to 2m wide comprised of tourmaline breccia and micro fractures (peak tin value of 5.4% in KAS1903)
Trend 000 - 180
150m sampled strike extent.
Tin mineralisation is in north trending sandstone and siltstone as bedding parallel replacements and as east-west sub-vertical micro fractures with tourmaline alteration (peak tin value of 2.9% in KAS1992).
Visible cassiterite (tin oxide) has been observed in many of these outcrops.
Previous drilling (S01-S11) undertaken by the Bureau des Recherches et de Participations Minières (BRPM) in the Northern Zone targeted deeper tin mineralised structures and were consequently not samples above 200m down hole depth.
These 11 holes are currently being re-logged and core from the top 200m down-hole not previously cut for analysis is being submitted for assayed.
A program of trenching in areas lacking outcrop along the trend of the structures has also commenced.
For and on behalf of the Board,
Wayne Bramwell
Managing Director
For further details contact:
Wayne Bramwell Trevor Hart
Managing Director CFO / Company Secretary
Phone: +61 8 9463 6651 Phone: +61 8 9463 6651
The information in this report is based on information compiled by Mr.
Jeffrey Lindhorst a Member of the Australasian Institute of Geoscientists.
Mr.
Lindhorst is a full-time employee of Kasbah Resources Limited and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves".
Mr.
Lindhorst consents to the inclusion in the report of the matters based on this information in the form and context in which it appears.
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ASX RELEASE
Figure 1
Achmmach Tin Project - High Grade Surface Tin Mineralisation
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ASX RELEASE
Figure 2
Northern Zone Composite Rock Chip Location Plan
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ASX RELEASE
APPENDIX
Table 1
Significant (≥ 0.3% Sn) Composite Rock Chip Sample Results
070 TREND
SAMPLE_ID
Northing
Easting
RL
Tin Assay %
KAS1891
243665
3715215
1099
0.76
KAS1892
243657
3715212
1098
1.16
KAS1893
243652
3715211
1094
2.02
KAS1894
243642
3715211
1089
0.96
KAS1895
243647
3715223
1093
0.30
KAS1904
243723
3715235
1118
2.06
KAS1905
243714
3715232
1120
2.14
KAS1907
243709
3715217
1115
1.52
KAS1934
243643
3715174
1091
0.70
KAS1935
243557
3715202
1061
0.39
KAS1937
243560
3715196
1053
0.30
KAS1942
243590
3715198
1064
0.34
KAS1943
243596
3715199
1076
0.35
KAS1944
243612
3715197
1078
0.51
KAS1946
243612
3715201
1079
0.38
KAS1948
243612
3715205
1080
1.05
KAS1949
243621
3715194
1083
1.94
KAS1952
243584
3715234
1067
0.52
KAS1967
243562
3715125
1072
0.34
KAS1998
243627
3715087
1091
5.21
KAS1999
243637
3715091
1095
0.70
KAS2000
243639
3715094
1096
0.90
KAS4028
243812
3715204
1108
1.50
KAS4029
243822
3715216
1110
2.58
KAS4030
243834
3715226
1109
4.66
KAS4031
243842
3715232
1107
2.64
KAS4032
243841
3715234
1107
1.11
KAS4033
243839
3715235
1108
1.40
KAS4034
243850
3715234
1105
5.24
KAS4035
243896
3715244
1089
10.50
KAS4036
243905
3715246
1088
3.10
KAS4041
243786
3715251
1121
1.95
KAS4042
243787
3715232
1121
2.95
KAS4043
243773
3715231
1120
2.42
KAS4044
243754
3715221
1117
13.45
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000-180 TREND
SAMPLE_ID
Northing
Easting
RL
Tin Assay %
KAS1873
243663
3715263
1088
1.12
KAS1875
243666
3715257
1093
2.73
KAS1876
243670
3715255
1093
2.02
KAS1877
243672
3715254
1096
0.44
KAS1879
243664
3715249
1095
0.62
KAS1880
243667
3715249
1097
1.79
KAS1882
243660
3715239
1095
0.44
KAS1883
243663
3715239
1093
0.48
KAS1884
243656
3715227
1095
0.55
KAS1885
243660
3715229
1097
1.05
KAS1886
243663
3715221
1100
0.53
KAS1889
243670
3715211
1101
2.47
KAS1900
243699
3715235
1117
2.36
KAS1901
243701
3715243
1113
0.83
KAS1902
243704
3715251
1113
0.46
KAS1903
243703
3715259
1112
5.37
KAS1951
243576
3715229
1065
0.50
110 TREND
SAMPLE_ID
Northing
Easting
RL
Tin Assay %
KAS1962
243597
3715308
1063
0.39
KAS1969
243570
3715124
1069
0.34
KAS1974
243587
3715142
1076
0.47
KAS1990
243587
3715106
1083
0.42
KAS1991
243604
3715110
1089
1.24
KAS1992
243622
3715119
1094
2.95
KAS1993
243630
3715114
1102
0.75
KAS1994
243613
3715101
1089
0.61
KAS1996
243614
3715091
1088
1.38
Note:
Tin analysis by XRF12 method was done by ALS Chemex Perth.
Assays <0.3% Sn excluded from tables.
