Lucara Diamond Corp T.LUC

Sunbird Exploration

[nyoni]

For interest, Sunbird Exploration is an affiliate of MS Group, who have offices in Vancouver, Gaborone and Cape Town.

https://www.msgroup.net/

[nyoni]

The Botswana Minerals Act is quite clear about what constitutes 'prospecting'. "prospect" means intentionally to search for minerals and includes determining their extent and economic value;   "prospecting area" means the land subject to a prospecting licence;   "prospecting licence" means a right to prospect acquired under Part IV; section 2 here:

[Gerrywerry]

Is sunbird allowed to fly over areas that Lucas doesn't hold the licence for?

[nyoni]

That's what I'm asking. Does it suggest a joint venture?

[nyoni]

A  fact that comes to mind is that Tsodilo has a prospecting licence running up to 2 sides of the Karowe fence line and Luc holds a percentage of Tsodilo's equity.

[poppagasket]

Thanks for posting about Tsodilo Resources.  I was unaware of this.  Their stock has been on a tear the last few months.