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ACHMMACH TIN PROJECT
EXPLORATION UPDATE
DRILLING CONTINUES TO DELIVER GRADE
AND CONTINUITY
HIGHLIGHTS
AD035 returned:
22m @ 1.64% Tin from 325m down-hole including:
12m @ 2.5% Tin from 326m depth
4m @ 4.6% Tin from 334m depth
Two diamond drill rigs are now operating in the Meknes Zone;
Intersections continue to confirm continuity and support the existing
geological interpretations.
24 March 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 (22/03/10)
US$17,650 / 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
AD035
22m @ 1.64% Tin (from 325m)
Includes:
12m @ 2.5% Tin (from 326m)
and
4m @ 4.6% Tin (from 334m)
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ACHMMACH EXPLORATION UPDATE
DRILLING CONTINUES TO CONFIRM CONTINUITY OF MINERALISATION AT MEKNES
Kasbah Resources Limited (Kasbah) is pleased to announce the latest results from the Meknes
Resource Definition Drilling (MRDD) programme at the Company"s Achmmach Tin Project in
Morocco.
With respect to overall geometry and continuity, the diamond drilling continues to increase the
confidence in the geological interpretation of the Meknes Zone.
Key Points
There are now two diamond drill rigs drilling in the Meknes Zone;
Significant high grade diamond drilling intersections continue including 22m @ 1.64% Tin
(including 12m @ 2.5% Tin and 4m @ 4.6% Tin); and 15m @ 1.14% Tin;
Latest Diamond Drilling Results in the Meknes Zone
Recent drilling has focused on demonstrating the continuity of mineralisation around the
underground workings (890mRL) between the 950mRL and the 850mRL (figure 1).
Further drilling
will aim to determine the vertical extent of the known mineralisation on several key sections.
Figure 1: Meknes Zone Long section
(Proportional dots with % Tin x metre significant intersections)
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Significant intersections
AD035 returned:
22m @ 1.64% Tin from 325m down-hole including:
12m @ 2.5% Tin from 326m depth
4m @ 4.6% Tin from 334m depth (figure 2)
31m @ 0.88% Tin from 351m down-hole including:
15m @ 1.14% Tin from 361m depth
AD034 returned:
18m @ 0.42% Tin from 320m down-hole.
Figure 2: AD035 Coarse Quartz cassiterite vein at 334.1m (4.6% Tin)
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Figure 3: MRDD Drill Plan
Drill Hole AD035
AD035 was drilled to test the along strike continuity of mineralisation between AD031 (30m @
1.49% Tin) and AD020 (46.3m @ 0.8% Tin) which are located 55m apart (figure 3).
AD035
intersected significant mineralisation over 57 metres @ 1.1% Tin from 325m down-hole, including a
single 4m of dilution down-hole of less than 0.3% Tin.
Kasbah geologists have interpreted the 57m
intersection as coalescence of the B and B" structures (figure 4).
Full drill assay results are
attached as Appendix A.
This mineralised structure is interpreted to be the eastern continuation of the structure which hosts
the significant intercept in drill hole AD031 (30m @ 1.49% Tin), located 38 metres to the west.
The
tin mineralisation predominantly occurs as quartz-cassiterite veins through the tourmaline altered
sediments and breccias.
The upper zone, intercepted between 325m depth and 347m down-hole, returned 22m @
1.64% Tin from 325m, with a high grade interval of 12m @ 2.5% Tin from 326m in an
intensely tourmaline altered zone.
The entire intersection has an estimated true width of 10m
and extends from the 900mRL to the 890m RL and is located about 25 m east of the end of
the UG workings.
The lower zone, separated from the upper zone by 4 metres down-hole of low grade
mineralisation (<0.3%Tin), is interpreted as four closely spaced discrete tourmaline lodes.
This
zone returned 31m @ 0.88% Tin from 351m down-hole with a high grade part of 15m @
1.14% Tin from 361m with well defined quartz cassiterite veins.
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Figure 4: AD035 cross section - Achmmach Tin Project
Drill Hole AD034
AD034 was drilled to infill the 75m gap between AD029, located 45m west of it and the section with
AD018, AD019 and AD028, located 30m east of it (Figure 3).
The objective was to intercept the
mineralised structure identified in AD029 (21m @ 0.68% Tin from 346m down-hole) and interpreted
as Structure B.
AD034 intersected the targeted structure between 320 and 344 metres depth downhole
(beginning at the 920mRL about 30m above the underground workings and continuing on to
the 900mRL about 8 metres north of the UG workings).
AD034 returned 18m @ 0.42% Tin from
320m depth.
(Refer to appendix B)
Structural measurements from oriented core confirm that the quartz-cassiterite veins strike generally
east-west and dip steeply to the north.
This is consistent with the equivalent interpreted structures
intersected in AD029 and builds confidence in the geological interpretation.
The potentially economic tin mineralisation is now interpreted to be continuous over at least 75
metres with a true width of at least 10 Metres.
Two further holes are planned on this cross section to
further increase confidence in mineralisation and continuity at possible underground mining scales,
as well as to test for down dip extensions.
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Drilling Progress
A second diamond rig commenced in February to accelerate the Meknes Resource Definition
Drilling (MRDD) programme with a total of 928.8 metres completed in AD034 (471.1m) and AD035
(457.7m).
To date, 2,149.4 metres of the planned 6,000m program have been completed, testing
over 150m of the known 400m strike extent of the Meknes Zone.
Summary
AD035 has extended this high grade mineralised zone to the east and hole AD034 confirms the
mineralised zone identified along historical underground workings by the Bureau des Recherches et
de Participations Minières (BRPM).
Both holes intersected potentially economic mineralisation in the
predicted structural positions.
With respect to overall geometry and continuity, the diamond drilling continues to increase the
confidence in the geological interpretation of the Meknes Zone
For and on behalf of the Board,
Wayne Bramwell
Managing Director
For further details contact:
Wayne Bramwell OR 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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Appendix A - AD035: Significant Results & Drill hole Details
HOLE ID
Easting
WGS84
UTM30N
Northing
WGS84
UTM30N
RL (m) Azimuth Dip Depth (m)
AD035 243160 3714700 1190 168° -65° 456.7 m
Drill Hole From (m) To (m) Intersection
Width
Tin
Grade
AD035 325 347 22 1.64%
Including 326 338 12 2.5%
334 338 4 4.6%
AD035 351 382 31 0.88%
Including 361 376 15 1.14%
All assays and intervals reported below
325 326 1 0.66
326 327 1 2.02
327 328 1 0.29
328 329 1 2.54
329 330 1 3.11
330 331 1 1.46
331 332 1 1.42
332 333 1 0.49
333 334 1 0.55
334 335 1 6.53
335 336 1 1.64
336 337 1 8.47
337 338 1 1.64
338 339 1 0.17
339 340 1 0.10
340 341 1 0.47
341 342 1 0.10
342 343 1 0.62
343 344 1 0.05
344 345 1 0.47
345 346 1 2.69
346 347 1 0.44
347 348 1 0.03
348 349 1 0.01
349 350 1 0.01
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Drill Hole From (m) To (m) Intersection
Width
Tin
Grade
350 351 1 0.16
351 352 1 0.30
352 353 1 0.67
353 354 1 1.57
354 355 1 0.65
355 356 1 2.32
356 357 1 0.98
357 358 1 0.05
358 359 1 0.35
359 360 1 0.20
360 361 1 0.34
361 362 1 0.53
362 363 1 0.61
363 364 1 1.34
364 365 1 4.19
365 366 1 0.66
366 367 1 0.10
367 368 1 0.09
368 369 1 2.94
369 370 1 1.49
370 371 1 2.13
371 372 1 0.84
372 373 1 0.02
373 374 1 0.61
374 375 1 0.65
375 376 1 0.81
376 377 1 0.23
377 378 1 0.15
378 379 1 0.34
379 380 1 0.38
380 381 1 1.25
381 382 1 0.35
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Appendix B - AD034: Significant Results and Drill hole Details
HOLE ID
Easting
WGS84
UTM30N
Northing
WGS84
UTM30N
RL (m) Azimuth Dip Depth (m)
AD034 243065 3714700 1205 171° -60° 471.1 m
Drill Hole From (m) To (m) Intersection
Width
Tin
Grade
AD034 320 347 18 1.64%
All assays and intervals reported below
320 321 1 0.34
321 322 1 0.13
322 323 1 0.34
323 324 1 0.41
324 325 1 0.40
325 326 1 0.60
326 327 1 0.29
327 328 1 0.19
328 329 1 0.39
329 330 1 0.38
330 331 1 1.07
331 332 1 0.46
332 333 1 0.30
333 334 1 0.77
334 335 1 0.14
335 336 1 0.49
336 337 1 0.38
337 338 1 0.46
