Company Information for Kasbah Resources Ltd

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ASX; KAS View full financial data

Company Statement

Kasbah Resources Limited (Kasbah) is building a Moroccan focused mining and exploration company. Our portfolio includes the Tamlalt Gold Deposit in Eastern Morocco and the Achmmach and El Karit Tin projects in Northern Morocco.The strategy is to advance these advanced assets through exploration and feasibility to development decisions in 2008 -2009.Kasbah was admitted to the Australian Stock Exchange (ASX) on Thursday 26th April 2007 and commenced trading on Friday 27th April. Our ASX ticker code is KAS
Kasbah’s strategy for growth is to...

• Build a multi-commodity, diversified Moroccan focused mining house through acquisition or development of advanced projects; 
• Systematically evaluate the Achmmach and El Karit Tin Projects to develop long term cash flows; 
• Seek additional tin projects that would tie in with the Achmmach development; 
• Become a significant, low cost producer of tin in the world market; 
• Apply modern exploration techniques to prospective terrain; 
• Evaluate other advanced exploration or abandoned precious and base metal projects in Morocco; 
• Leverage off position established in Morocco and ability to access funding to advance other projects.

Current Operations

ACHMMACH Tin

• Achmmach located 140km SE of Rabat, in the Central Hercynian Massif, Considered Morocco's most significant tin and tungsten province
• Road access to ports of Casablanca and Kenitra; Ports are currently used for other minerals including phosphates and fluorspar, with established container and bulk handling facilities
• High voltage power <1km from Achmmach site, communications on site, water readily available
• Workforce available from regional area, Meknes >500,000 people

EL KARIT Tin

• El Karit 150 km SE of Rabat
• Historic tin mine, 49 years production
• Road access to ports of Casablanca and Kenitra. Ports are currently used for other minerals (fluorspar), with established container handling facilities and available capacity
• High voltage power, < 2km from  El Karit, communications on site, water readily available
• Workforce available from regional area, Oulmes-Maaziz region > 200,000 people

TAMLALT Gold
Kasbah entered into an agreement with ONHYM (ONHYM was formed through the merger of the Office National de Recherches et d’Exploitations Petrolieres and the BRPM) during the year to acquire the Tamlalt gold deposit, located at the eastern end of the Moroccan High Atlas Mountains, about 300 km south of the town of Oujda. The Tamlalt gold deposit mining property is covered by eight exploration permits covering a total surface area of 128 km2.

At Tamlalt ONHYM has completed preliminary exploration work including 33 diamond drill holes totaling 7,019m. The ONHYM drilling shows that the Tamlalt deposit consists of a multiple-veined quartz system developed within a chlorite-sericite altered folded porphyritic body. Within the 400m of strike length that has so far been drill-tested, gold mineralization has been intersected to within 12m of the surface and to a maximum depth of 360m vertical from surface.

The Tamlalt Project has the potential to provide an open pit gold resource together with an associated underground target.

Geographical Spread

Morocco

Board of Directors and Key Management

Graeme Walker	Non-Executive Chairman
Wayne Bramwell	Managing Director
Peter Hepburn-Brown	Non-Executive Director
Dr Robert Weinberg	Non-Executive Director (UK)
Dr Rod Marston	Non-Executive Director
Peter Youd	CFO / Company Secretary
Mike Kitney	Development Manager

Company Address 19 Hardy St Perth, Western Australia, Australia 6151 Telephone: +61 8 9463 6651 Facsimile: +61 8 9463 6652 Email: info[at]kasbahresources.com Website: http://www.kasbahresources.com

Year End 30 June

Broker/Analyst Reports

27/04/07 - Argonaut Securities: Rock the Kasbah
30/11/06 - WH Ireland Stockbrokers

Related News

11/08/08 - Every Project Needs God And Gravity: Kasbah Resources Already Has One Of Those Boxes Ticked At Achmmach
28/06/07 - Kasbah Resources Carries on Exploring In Morocco

Most Recent Statement

20/08/08 - Kasbah Resources Advances Tin Resource at Achmmach Tin Project
28/07/08 - Kasbah Quarterly Report
18/06/08 - Achmmach Exploration Update
22/04/08 - Kasbah Quarterly Report
16/04/08 - International Tin Conference Presentation
13/03/08 - Half Year Accounts