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Tin Explorers

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Kasbah acquired by AMR

Post By: Tom Mulqueen on Friday, 12 August 2016

Tin explorer Kasbah Resources Limited, 75% owner of the Achmmach Tin Project in Morocco, has announced its acquisition by TSX-V listed Asian Mineral Resources (AMR), which holds a 90% interest in the operating Ban Phuc Nickel Mine in Vietnam.

The mutually agreed deal will see the exchange of Kasbah shares for a combination of AMR shares and CHESS Depositary Interests (CDI) and Asian Minerals warrant CDIs options. The new Asian Mineral Resources will see Kasbah shareholders with 52.2% ownership...

Achmmach Capex halved in new DFS

Post By: Tom Mulqueen on Monday, 01 August 2016

ASX-listed Kasbah Resources has announced an updated DFS for its Achmmach tin project in Morocco with higher average grades and a drastically reduced project Capex based on a multi-stage "Small Start Option" (SSO) development plan.

The new DFS imagines a ten year underground mine operation utilising a long-hole open stoping and crushed rock fill method. A revised ore reserve of 6.56 Mt at 0.85% Sn has been defined at the site, amounting to 55,500 tonnes of contained tin which...

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