Tsodilo Resources Limited


161 Bay Street
P.O. Box 508
Toronto, ONT M5J 2S1
Canada
Tel: 1/416 572-2033
URL:
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TSD - Ordinary Shares - TSX Venture Exchange
Alacra Industry Info
Mining
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Thomson Reuters Business Description
Tsodilo Resources Limited (Tsodilo) is an exploration-stage company. Tsodilo is engaged in the acquisition, exploration and development of mineral properties in the Republic of Botswana. As of December 31, 2011, it had a 97% operating interest in its subsidiary, Newdico (Proprietary) Limited, which is holding nine prospecting licenses covering approximately 3,949 square kilometers in northwest Botswana. As of December 31, 2011, Tsodilo had a 100% interest in its wholly owned subsidiary, Gcwihaba Resources (Proprietary) Limited, which has six diamond prospecting licenses covering approximately 4,456 square kilometers and 18 metals, which includes base, precious, platinum group, and rare earth, licenses covering 4,618 square kilometers and eight radioactive minerals licenses covering 6,927 square kilometers. It also holds a 100% interest in Tsodilo Resources Bermuda Limited and Bosoto (Proprietary) Limited. During the year ended December 31, 2011, 36 diamond drill holes were completed.