Kasbah Resources announced very positive results from its 2018 Definitive Feasibility Study (DFS) of the Achmmach Tin Project (The Project) in Morocco. The DFS confirms Achmmach's robust project economics and enhances the Project's outstanding development potential as a new, large scale tin mining operation. Based on the positive outcomes of the Achmmach 2018 DFS, the Kasbah Board and the company's Joint Venture partners in the Project, Toyota Tsusho and Nittetsu Mining, have requested management proceed with securing funding of the Project, offtakers for the tin product, identifying a suitable EPC engineering contractor and a capable underground mining contractor with the aim of commencing construction in 2019 and production in 2020. The Project includes a proposed underground mine with an initial 10-year life, producing 750,000 tonnes of ore per annum at an average head grade of 0.82% tin (Sn). The associated processing plant will incorporate ore sorting and High Pressure Grinding Rolls (HPGR) technology, to produce approximately 4,500 tonnes of tin per annum in a 60% tin concentrate. Highlights from the 2018 DFS (on a 100% ungeared project) include: Post tax NPV of USD 98.1 million, with a 23% IRR using a tin price of USD 21,000 per tonne and an 8% real discount rate. Every additional USD 1,000 increase in tin price increases Project NPV and ungeared returns by approximately USD 20 million and 3% respectively · Capital cost of USD 96.4 million. C11 cash cost of USD 9,176/tonne of tin, and a payback period of 4 years· All In Sustaining Cost (AISC2) of USD 11,435/tonne of tin 7% increase in Ore Reserve Estimate to 7 million tonnes at a grade of 0.82% and a 4% increase in contained tin. Initial 10-year mine life via underground mining operation - orebody open along strike and at depth providing excellent near mine exploration potential. Ore Sorting and HPGR technology increases tin recovery, lowers environmental footprint and results in better investor returns. Overall tin recovery of 77%, with annual tin production of approximately 4,500 tonnes of tin in concentrate, averaging 60% tin The 2018 DFS follows on from extensive drilling and test work completed on the Project since 2008, and incorporates elements of previous studies conducted in 2014, 2015 and 2016 to deliver an outcome which confirms Achmmach as a world class development-ready tin project.