Tsodilo Resources Ltd.

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. (TSX-V: TSD) ("Tsodilo" or the "Company") is pleased to announce that its Botswana subsidiary Bosoto (Pty) Ltd (“Bosoto”) has taken possession of diamonds which were previously recovered from kimberlite BK16.  Tsodilo took possession of 2 diamond parcels totaling 108 diamonds collectively weighing 21.91carats on May 20, 2015.  Parcel 1 consisted of 25 [...]

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. (TSX-V: TSD) ("Tsodilo" or the "Company") is pleased to announce that its’ Botswana subsidiary Bosoto (Pty) Ltd (“Bosoto”) has completed its core drilling program on BK16.  The main objective of this stage of the evaluation program of this 5 hectare kimberlite pipe and satellite is to upgrade the geological model. A robust model is required to optimize [...]

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. (TSX-V: TSD) ("Tsodilo" or the "Company") is pleased to announce that it has completed the purchase of a Dense Medium Separation (“DMS”) treatment plant for use at its BK16 kimberlite project located within the Orapa Kimberlite Field (“OKF”) in Botswana.  Botswana diamond mines have produced an average of 27 million carats annually in the last 10 [...]

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. ("Tsodilo" or the "Company") (TSX Venture Exchange: TSD) is pleased to announce that at its Annual General Meeting of shareholders held on March 27, 2015, the following directors were elected:  James M. Bruchs, Thomas S. Bruington, David J. Cushing, Michiel C.J. de Wit, Jonathan R. Kelafant and Patrick C. McGinley. The shareholders also approved the appointment of Ernst [...]

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. (TSX Venture Exchange: TSD) ("Tsodilo" or the "Company") reports that in terms of the Stock Option Plan of the Company and a policy adopted by the board of directors in September 2002, 260,000 stock options were granted to officers and senior employees on January 2, 2015, at CDN $1.05 per common share. These options are valid for five years and vest in four equal [...]

Tsodilo Resources is pleased to announce that it has closed the Private Placement Financing previously announced on December 24, 2014, for gross proceeds to the Company of CDN $617,014. The Financing is for 560,922 units of the Company. Each Unit is comprised of one common share priced at CDN $1.10 and one common share purchase warrant per unit, each such warrant entitling the holder to purchase one common share of the [...]

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. ("Company") (TSX Venture Exchange:TSD) is pleased to announce that it has negotiated a non-brokered private placement of 560,922 units of the Company (the "Units") at a price per Unit of CDN $1.10, which will provide gross proceeds to the Company in the amount of CDN $617,014.  Proceeds from the private placement will be added to the Company's working capital. Each Unit [...]

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. (TSX-V: TSD) ("Tsodilo" or the "Company") is pleased to announce that it has completed a conceptual geological model for BK16 located within the Orapa Kimberlite Field (“OKF”) in Botswana.  Botswana diamond mines 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 2013, the OKF [...]

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. (TSX-V: TSD) ("Tsodilo" or the "Company") is pleased to announce that ground magnetic and gravity surveys on kimberlite BK16 have been completed. This initial grant to Bosoto (Pty) Ltd (“Bosoto”) of prospecting license PL 369/2014 became effective on October 1, 2014 and is valid for 3 years. SURVEY HIGHLIGHTS 51 line kilometers (‘km’) of high intensity magnetics was [...]

Tsodilo is pleased to announce that it has been granted a prospecting license over the BK16 kimberlite pipe located within the Orapa Kimberlite Field in Botswana. BK16 is located 37 kilometers ESE of Debswana’s Orapa mine and 13 km NNE of its Letlhakane diamond mine and 28 km ENE from Lucara Diamond’s Karowe mine. Botswana diamond mines have produced an average of 27 million carats annually in the last 10 years and [...]