Tsodilo Resources Limited: Feasibility Study Into the Trans-Zambezi Rail Extension Grootfontein-Rundu-Katima Mulilo

Tsodilo Resources Limited: Feasibility Study Into the Trans-Zambezi Rail Extension Grootfontein-Rundu-Katima Mulilo

New get across-edging railway endeavor will link the new mines and mining products on railway community along side Walvis Bay – Ndola – Lubumbashi Development Corridor to allow transportation of vitamins on Copperbelt so you can Walvis Bay

TORONTO, To your / ACCESSWIRE / / Tsodilo Info Limited (“Tsodilo” or the “Company”) (TSX-V:TSD)(OTCQB:TSDRF)(FSE:TZO) since told from the Ministry out of Really works and you may Transportation (Namibia) are very happy to declare that Finally Feasibility Investigation (“FFS” or the “Study”) into the Trans-Zambezi Rail Expansion Grootfontein-Rundu-Katima Mulilo might have been completed.

The study inside it the building of one’s Trans-Zambezi Train extension out-of Grootfontein to help you Katima Mulilo through Rundu when you look at the Namibia and is section of a multinational railway line ranging from Namibia and Zambia via the Zambezi region. New FFS is actually used of the Meters R Technofin Specialists Ltd (Canada) and co-financed from the Authorities of the Republic from Namibia additionally the African Creativity Financial. Brand new FFS was published to the latest Ministry off Really works and Transport, Regulators from Republic away from Namibia.

That it passageway was very well organized so you’re able to solution the 2-method trade between your SADC part and you can Europe, Northern and you may South america and you will emerging locations in the East, pick Profile step 1 getting a nearby framework to this crucial transport corridor.

“The brand new proposed train extension is an important innovation to own Tsodilo given that it opens a good proximate rail transport system on beginning of our Xaudum Iron Creation project’s potential iron activities, for example metal focus, metal pellets, potential head shorter iron (DRI) things, and you will Ferrosilicone (FeSi), during central, east and you will south Africa as well as around the world avenues” and we also are encouraged because of the study’s results set forth from inside the this new statement because the “The primary achievement of the project is the fact that the suggested 772 kilometer Greenfield range is actually practical out-of a technological, environment, court, monetary, and you may financial standpoint and should proceed. (Frequency II, Section eight, webpage 99) [stress extra]” commented their President and you may Chief executive officer, James M. Bruchs.

The fresh new suggested rail extension ranging from Grootfontein and you can Katima Mulilo is actually high given that extension are planned to pass through Divundu into the Namibia that’s discovered 35 kilometers (twenty two kilometers) from our permit venue inside the North Botswana, get a hold of Profile dos. The new Trans-Zambezi Railway expansion feasibility studies can be viewed within the totality at:

Tsodilo manages the new mining of the Newdico, Gcwihaba, and you can Bosoto tactics

Tsodilo Resources Minimal was a global diamond and you will metals mining team engaged in the latest seek out economic diamond, metal dumps and commercial stone at their Bosoto (Pty) Minimal (“Bosoto”), Gcwihaba Info (Pty) Limited (“Gcwihaba”) and you will Newdico (Pty) Ltd. (“Newdico) systems when you look at the Botswana. The business possess an one hundred% risk into the Bosoto (Pty) Ltd. and that retains the brand new BK16 kimberlite enterprise regarding Orapa Kimberlite Job (OKF) when you look at the Botswana together with PL diamond prospection permit including about OKF. The organization enjoys a hundred% stake within the Gcwihaba venture city including five steel (foot, dear, precious metal classification, and rare earth) lead generation permits every located in the Northern-West region of Botswana. The company have a 100% interest in the Newdico commercial stone venture located in Botswana’s Main Region. Full oversight of one’s Organization’s mining program ‘s the responsibility away from McDonald Kahari (Pr. Sci. Nat.) a good “accredited people” as a result label is scheduled during the National Software 43-101.

So it pr release may have submit-lookin comments. All comments, besides spotted dating app hile comments off historic truth, you to address issues, events otherwise improvements that Providers thinks, needs or anticipates usually otherwise may possibly occur later (in addition to, as opposed to restrict, comments over the application of continues, new impression out-of proper partnerships and you can statements that identify the business’s future preparations, objectives or wants) was forward-lookin statements. These types of submit-appearing statements echo the present day expectations otherwise philosophy of Business based on recommendations currently available toward Team. Forward-searching comments was subject to a good amount of risks and you can uncertainties that may cause the real outcome of the firm in order to disagree materially of the individuals discussed about forward- lookin comments, as well as if particularly genuine answers are know or significantly realized, there can be zero promise that they can have the expected outcomes so you’re able to, otherwise consequences for the Company. Circumstances that’ll bring about real show otherwise occurrences in order to differ materially regarding latest expectations include, among other things, changes in security places, changes in standard economic conditions, ents when you look at the Botswana and you can close regions, changes so you can laws affecting the business’s affairs, uncertainties regarding the availableness and costs regarding financial support needed in the long term, mining and you may creativity dangers, the concerns working in interpreting exploration show additionally the almost every other risks active in the mineral mining business. People send-appearing statement talks merely at the time of the brand new big date on which it is created and you can, except because may be needed by relevant ties legislation, the company disclaims one intention or obligations to modify people pass-searching report, whether down seriously to the latest recommendations, coming incidents or abilities if not. While the Team thinks the assumptions inherent on give-searching statements are realistic, forward-appearing comments are not a guarantee from future overall performance and you may consequently unnecessary dependence shouldn’t be apply such as for example statements due to this new intrinsic suspicion therein.

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