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Tsodilo Resources Ltd V.TSD

Alternate Symbol(s):  TSDRF

Tsodilo Resources Limited (Tsodilo) is a Canada-based exploration stage company, which is engaged principally in the acquisition, exploration and development of mineral properties in the Republic of Botswana. It is engaged in the search for economic metal and diamond deposits at its Gcwihaba Resources (Pty) Limited (Gcwihaba) and Bosoto (Pty) Ltd. (Bosoto) projects in Botswana. The Company has a 100% stake in its Gcwihaba project area consisting of five metal (base, precious, platinum group, and rare earth) prospecting licenses all located in the North-West district of Botswana. The Company has a 100% stake in Bosoto (Pty) Ltd. which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana. Tsodilo manages the exploration of the Gcwihaba and Bosoto projects. The Company also holds a 100% interest in Newdico (Pty) Limited, which provides administrative, operational, exploration, geophysical, and drilling services to the Company's other subsidiaries.


TSXV:TSD - Post by User

Bullboard Posts
Post by allthatglitterson Apr 08, 2009 8:00pm
424 Views
Post# 15906422

Interest Level Up

Interest Level UpInteresting things going on. A year ago they announced the hiring of a director of base metals exploration, then their 2Q report describes finding massive sulfides in several holes, the 3Q report then describes four more holes all intersecting massive sulfides, and work being done mapping the Matchless Amphibolite Belt and considering a possible connection between Tsodilo's find and the Zambian Copper Belt to the north, and now they have posted their 2008 Annual Report describing 15 holes intersecting mineral deposits, and they have posted another report (https://www.tsodiloresources.com/i/pdf/2009-03-23_THDMPAB.pdf) that reaches the conclusion that the belts of mineralization from Namibia and Zambia extend into the Tsodilo license areas and that Tsodilo is sitting on top of a rich new base metal field. Look's like they've been working while others have been folding up their tents. This is looking like a good bet.

Time to be watching this one. A welcome relief to be seeing something positive in this market.

Bullboard Posts