Tsodilo Information Minimal: Feasibility Investigation Towards Trans-Zambezi Train Expansion Grootfontein-Rundu-Katima Mulilo

Tsodilo Information Minimal: Feasibility Investigation Towards Trans-Zambezi Train Expansion Grootfontein-Rundu-Katima Mulilo

The brand new mix-edging train enterprise is designed to connect the fresh new mines and you will exploration issues on railway network across the Walvis Bay – Ndola – Lubumbashi Innovation Corridor allow transportation out-of nutrients from the Copperbelt to Walvis Bay

TORONTO, On / ACCESSWIRE / / Tsodilo Tips Limited (« Tsodilo » and/or « Company ») (TSX-V:TSD)(OTCQB:TSDRF)(FSE:TZO) as advised of the Ministry out of Works and Transportation (Namibia) is very happy to announce the Final Feasibility Study (« FFS » or the « Study ») with the Trans-Zambezi Rail Extension Grootfontein-Rundu-Katima Mulilo could have been complete.

The study involved the construction of the Trans-Zambezi Railway expansion of Grootfontein so you’re able to Katima Mulilo through Rundu from inside the Namibia that’s element of a multinational railway line between Namibia and you may Zambia via the Zambezi part. The brand new FFS was presented of the M Roentgen Technofin Consultants Ltd (Canada) and you can co-funded by Regulators of one’s Republic out-of Namibia while the African Advancement Bank. The newest FFS try submitted to this new Ministry of Functions and Transportation, Authorities from Republic out-of Namibia.

This passageway is actually perfectly positioned in order to solution the two-way change involving the SADC part and you may Europe, Northern and South america and you can growing markets throughout the Eastern, see Shape 1 for a nearby context compared to that essential transportation passageway.

« The fresh new proposed rail extension is an important creativity having Tsodilo due to the fact it opens up good proximate railway transport program with the beginning in our Xaudum Metal Creation project’s possible metal facts, such as iron focus, iron pellets, prospective head less metal (DRI) products, and you can Ferrosilicone (FeSi), throughout the main, east and south Africa also all over the world places » so we was recommended from the study’s findings established inside the new report since the « An important end of one’s project is that the proposed 772 kilometres Greenfield line was viable out of a technological, ecological, court, monetary, and you will financial view and must progress. (Regularity II, Area seven, page 99) [emphasis extra] » stated the business’s Chairman and you may President, James Yards. Bruchs.

Brand new advised rail expansion ranging from Grootfontein and you will Katima Mulilo try high because the extension is planned to transit Divundu inside the Namibia that’s receive thirty-five kilometers (twenty-two miles) from our licenses venue for the North Botswana, select Contour dos. The new Trans-Zambezi Rail extension feasibility investigation can be viewed within the entirety at:

Tsodilo takes care of the brand new exploration of the Newdico, Gcwihaba, and Bosoto projects

Tsodilo Tips Restricted is actually an international diamond and you may metals exploration organization engaged in new look for monetary diamond, steel places and industrial stone on the Bosoto (Pty) Restricted (« Bosoto »), Gcwihaba Info (Pty) Limited (« Gcwihaba ») and Newdico (Pty) Ltd. (« Newdico) tactics from inside the Botswana. The business has an one hundred% stake inside the Bosoto (Pty) Ltd. hence holds the BK16 kimberlite venture regarding Orapa Kimberlite Occupation (OKF) in Botswana plus the PL diamond prospection license also on the OKF. The firm enjoys a 100% stake in Gcwihaba opportunity area consisting of four steel (legs, beloved, precious metal category, and you will rare-earth) prospecting licenses all of the found in the North-West district out-of Botswana. The firm has an one hundred% demand for their Newdico industrial brick opportunity based in Botswana’s Main District. Full oversight of Business’s exploration system is the obligation off McDonald Kahari (Publicity. Sci. Nat.) good « licensed people » as such identity is set in the Federal Tool 43-101.

It pr release could possibly get include send-searching comments. All comments, apart from statements away from historic reality, you to target items, situations otherwise improvements that Providers believes, wants otherwise expects have a tendency to or may possibly occur afterwards (including, rather than restriction, statements around the effective use of proceeds, new impact out of strategic partnerships and you may statements that define the business’s upcoming agreements, objectives or desires) try send-searching statements. These types of forward-lookin comments mirror the current standard otherwise viewpoints of your own Organization centered on suggestions on the market into the Team. Forward-searching comments are at the mercy of a great amount of risks and uncertainties that can cause the true results of the organization in order to disagree materially from men and women chatted about regarding forward- lookin statements, and even if including genuine email address details are realized or considerably know, there can be no assurance that they can feel the requested effects in order to, otherwise outcomes into Business. Items that’ll lead to actual performance otherwise situations to help you disagree materially out-of current traditional were, among other things, changes in security markets, alterations in general economic climates, ents into the Botswana and you may encompassing nations, change so you can legislation affecting the business’s situations, concerns regarding the access and will set you back regarding funding required in the long term, exploration and you may invention risks, the concerns in interpreting mining abilities plus the almost every other dangers mixed up in nutrient exploration team mobilnГ­ web shagle. People forward-looking statement speaks just as of brand new time about what it is made and you will, except due to the fact may be needed because of the applicable ties laws and regulations, the business disclaims people purpose otherwise duty so you’re able to enhance one forward-lookin statement, if or not right down to the fresh guidance, upcoming incidents or abilities if not. Whilst the Business believes your assumptions intrinsic throughout the submit-lookin comments try reasonable, forward-looking comments are not a vow from future show and you can correctly unnecessary dependence really should not be placed on such comments on account of the brand new built-in suspicion therein.