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Kasbah Resources Limited
Kasbah Resources Limited (ASX:KAS) is an emerging tin producer advancing the Achmmach Tin Project in Morocco towards production. Kasbah's strategic objective is to increase its exposure to tin and become a significant, high quality producer of tin concentrates to the international tin industry.
Achmmach is widely recognised in the tin industry as the most advanced of known hard rock tin projects. An assessment of undeveloped tin projects completed by the German Federal Institute of Geosciences and Natural Resources in May 2014 identified Achmmach as one of only two development-stage tin projects globally that is economic (the other being Minsur’s Bofedal II Tailings Project in Peru) with Achmmach being the only one held by a junior, emerging company.
In March 2014 the company released a DFS (released to the market on 31 March 2014) delivered a maiden Reserve for the Achmmach Tin Project, defining capital and operating costs for a 1 Mtpa underground mine and processing operation and setting the platform to commence project financing and off-take discussions, which began in Q3 2014.