Tsodilo Resources Ltd V.TSD

Alternate Symbol(s): TSDRF

Metals & Mining Industrial Metals & Minerals

Tsodilo Resources Limited 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. The Company 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. It manages the exploration of the Gcwihaba and Bosoto projects. The Company holds a 100% interest in Newdico (Pty) Limited (Newdico), which provides administrative, operational, exploration, geophysical, and drilling services to the Company’s other subsidiaries.

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Tsodilo Resources Ltd

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Comment by ArizonaBillyon Jan 27, 2020 12:36pm

121 Views

Post# 30604002

RE:RE:RE:RE:Bulk Sampling

As it turns out, the cost of the bulk sample is closer to $4.5 million. The company is looking to partner with a larger company to provide the financing. An equity private placement is off the table as too dilutive.

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