Tsodilo Resources Limited has raised C$141,063 for working capital. Tsodilo is an international diamond and metals exploration company engaged in the search for economic kimberlites and metal deposits at its Newdico (Pty) Limited and Gcwihaba Resources (Pty) Limited projects in northwest Botswana.
The Company has an 95% stake in Newdico (9,400 square kilometers under diamond license) while Trans Hex Group, a South African diamond mining and marketing company, holds the remaining 5%. The southern and northern Gcwihaba project area (6,856 square kilometers under diamond license and 13,400 square kilometers under base and precious metals licenses) is 100% held by the company. Tsodilo manages the exploration of both the Newdico and Gcwihaba license areas.
Related posts:
- Tsodilo Raises C$231,970
- Dr. Mike de Wit Joins Tsodilo Board of Directors
- Tsodilo Reports Positive Micro-Diamond Sample Analysis
- IFC Invests in Tsodilo to Support Diversification of Botswana’s Mining Industry Including Diamonds
- Grizzly Diamonds Raises $823,825
