http://www.onenewspage.us/n/Business/74r3tc10b/Kasbah-Resources-closes-in-on-upgrade-to-54.htm
Kasbah Resources closes in on upgrade to 54,000t contained tin Resource at Achmmach in Morocco
Monday, 20 February 2012 (18 hours ago)
Kasbah Resources’ share price almost double in less than two months.
Kasbah has been on an upwards share trajectory since mid to late December last year when shares were trading at around A$0.14.
Recent drilling results have the potential to transform the project and Kasbah into a significantly larger and higher valued “tin play” than currently is the case.
Achmmach is a significant tin project, with a growing tin resource. There is potential to link the resources in the west of Achmmach to resources in the east.
The 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.
http://www.onenewspage.us/n/Business/74r3tc10b/Kasbah-Resources-c...
Add to My Watchlist
What is My Watchlist?