Tsodilo Resources Ltd. is pleased to announce that it has reached an agreement with TBM Ltd. to grant royalties on its wholly owned Botswana subsidiary Gcwihaba Ltd. metal licenses projects in consideration of the payment of $500,000 USD. The package of assets in the Royalty Sale includes: the grant of a 0.5% Net Smelter Return or Net Mineral Return on Gcwihaba's seven prospecting metal licenses in northwest Botswana. The [...]
Tsodilo Resources Ltd. is pleased to provide a corporate update including recent and current activities at its exploration and evaluation projects in Botswana. On March 31, 2020, Dr. Mokgweetsi Eric Keabetswe Masisi, President of the Republic of Botswana, took appropriate and stringent measures to address the risks posed by the COVID-19 pandemic and declared that a state of public emergency shall exist from midnight on [...]
Tsodilo Resources Ltd. reports that in terms of the Stock Option Plan of the Company and a policy adopted by the board of directors in September 2002, 275,000 stock options were granted to officers and senior employees on January 2, 2020, at CDN $0.07 per common share. These options are valid for five years and vest in four equal installments on January 2, 2020, July 2, 2020, January 2, 2021 and July 2, 2021. About [...]
Tsodilo Resources Ltd. is pleased to announce the Ministry of Mineral Resources, Green Technology and Energy Security in Gaborone, Botswana has granted the renewal of Prospection License 369/2014 for an additional two-year period ending September 30, 2021. The license area contains the Company’s BK16 kimberlite project. The emphasis of the program for the next 2 years will be the Phase II surface bulk sampling [...]
TORONTO, ON / ACCESSWIRE / June 6, 2019 / Tsodilo Resources Ltd. is pleased to announce that at its Annual General Meeting of shareholders held on June 6, 2019, the following directors were elected: James M. Bruchs, Thomas S. Bruington, Jonathan R. Kelafant, Blackie Marole and Mark Scowcroft. The shareholders also approved the appointment of Ernst & Young LLP, Vancouver, Canada, as Auditors of the Company. Grant of Stock [...]
Tsodilo Resources Ltd. wishes to announce that effective today, Dr. Michiel CJ de Wit will be stepping down as Tsodilo's President and Chief Operating Officer and from the Board of Directors. The Board would like to sincerely thank Mike for his many contributions during his tenure and is pleased to further announce that Dr de Wit has agreed to remain closely associated with the Company in an ongoing role as a technical [...]
Model Price: US$ 281 to US$ 792 Per Carat Model Grade: 4 to 8 cpht Tsodilo Resources Ltd. is pleased to announce the results of a second independent Size Frequency Distribution modelled grade and diamond value for the BK16 Large Diameter Drilling aggregate 77.94 carat parcel of 502 commercial size diamonds initially reported on November 7, 2018. In early December 2018, Dr Paddy Lawless of PJL and Associates discovered [...]
Tsodilo Resources Ltd. reports that in terms of the Stock Option Plan of the Company and a policy adopted by the board of directors in September 2002, 250,000 stock options were granted to officers and senior employees on January 2, 2019, at CDN $0.28 per common share. These options are valid for five years and vest in four equal installments on January 2, 2019, July 2, 2019, January 2, 2020 and July 2, 2020. About [...]
Model Price - US$ 710 to US$ 386 Per Carat Model Grade - 11 to 8 cpht Tsodilo Resources Ltd. is pleased to announce the results of an independent modelled grade and diamond value for an aggregate 77.94 carat parcel of 502 commercial size diamonds. Which were recovered from Large Diameter Drilling from four kimberlite units of the BK16 kimberlite pipe in the Orapa Kimberlite Field , Botswana. The current LDD sample average [...]
Toronto, Ontario - Tsodilo Resources Ltd. wishes to announce the resignation of Mr. Patrick C. McGinley from the Board of Directors effective October 1, 2018. The Company would like to thank Mr. McGinley for his service and wish him well in his future endeavors. About Tsodilo Resources Limited Tsodilo Resources Ltd. is an international diamond and metals exploration company engaged in the search for economic diamond and [...]
Toronto, Ontario - Tsodilo Resources Ltd. is pleased to provide an update on its BK16 kimberlite project in Botswana. BK16 The BK16 kimberlite project is located within the Orapa Kimberlite Field in Botswana. The diamond mines in Botswana have produced an average of 27 million carats annually in the last 10 years and Botswana is the world’s largest producer of diamonds by value. In 2017, the OKF area produced 11.07 [...]
Tsodilo Resources is pleased to provide the initial results of an independent diamond valuation of $197.68 USD per carat from two parcels consisting of 224 diamonds totaling 34.35 carats of commercial size, recovered from the BK16 kimberlite in Botswana. The valuation and breakage study were conducted by Mr. R. D. Ferraris of QTS Kristal Dinamika . Mr. Ferraris is an independent licensed diamond dealer with over 39 years [...]
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