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Tsodilo Info Minimal: Feasibility Analysis Towards the Trans-Zambezi Railway Extension Grootfontein-Rundu-Katima Mulilo

The latest cross-border railway investment will connect the latest mines and you will mining points towards rail network over the Walvis Bay – Ndola – Lubumbashi Invention Corridor allow transportation away from vitamins about Copperbelt to Walvis Bay

TORONTO, With the / ACCESSWIRE / / Tsodilo Tips Limited (“Tsodilo” or perhaps the “Company”) (TSX-V:TSD)(OTCQB:TSDRF)(FSE:TZO) once the advised from the Ministry regarding Functions and you may Transport (Namibia) are thrilled to announce the Latest Feasibility Analysis (“FFS” or even the “Study”) into Trans-Zambezi Railway Expansion Grootfontein-Rundu-Katima Mulilo has been done.

The research inside it the construction of Trans-Zambezi Railway extension out-of Grootfontein so you’re able to Katima Mulilo through Rundu in Namibia which will be part of an international rail range anywhere between Namibia and you may Zambia through the Zambezi region. The FFS are presented from the Yards Roentgen Technofin Specialists Ltd (Canada) and co-financed by the Regulators of the Republic away from Namibia in addition to African Development Financial. This new FFS are submitted to brand new Ministry off Functions and Transportation, Authorities out of Republic from Namibia.

So it passageway are very well arranged to solution the 2-means trading amongst the SADC part and European countries, Northern and you may South usa and emerging places from the East, see Shape step one to possess a local framework to that particular very important transport corridor.

“New proposed railway extension is a vital creativity to own Tsodilo because the they opens a great proximate train transport system to your birth of our own Xaudum Iron Creation project’s potential iron products, eg iron focus, metal pellets, prospective direct smaller iron (DRI) situations, and you will Ferrosilicone (FeSi), during the central, eastern and you can south Africa and additionally around the globe areas” so we was encouraged because of the study’s findings established inside the brand new statement given that “The main conclusion of your task is that the suggested 772 kilometres Greenfield line is actually viable out of a technical, ecological, courtroom, financial, and monetary standpoint and may move ahead. (Frequency II, Part seven, webpage 99) [importance added]” stated the business’s President and you may Ceo, James M. Bruchs.

New recommended rail extension anywhere between Grootfontein and you may Katima Mulilo is tall because the expansion try wished to pass through Divundu for the Namibia that’s discover thirty five miles (22 kilometers) from your licenses area during the Northern Botswana, pick Figure dos. The fresh Trans-Zambezi Railway extension feasibility studies can be looked at in entirety at:

Tsodilo protects the newest exploration of Newdico, Gcwihaba, and you will Bosoto projects

Tsodilo Resources Limited try an international diamond and you can gold and silver coins mining company engaged in the fresh identify monetary diamond, metal dumps and industrial stone in the their Bosoto (Pty) Minimal (“Bosoto”), Gcwihaba Info (Pty) Limited (“Gcwihaba”) and you may Newdico (Pty) Ltd. (“Newdico) projects from inside the Botswana. The firm enjoys a 100% risk within the Bosoto (Pty) Ltd. and this holds the fresh new BK16 kimberlite enterprise regarding Orapa Kimberlite Career (OKF) within the Botswana plus the PL diamond prospection licenses african dating only reviews also from the OKF. The firm has actually an one hundred% risk with its Gcwihaba enterprise town consisting of four steel (base, dear, platinum class, and rare-earth) lead generation licenses all of the located in the North-West district out-of Botswana. The organization have a hundred% interest in their Newdico industrial brick investment situated in Botswana’s Main District. Overall supervision of Organizations mining system ‘s the responsibility off McDonald Kahari (Publicity. Sci. Nat.) a beneficial “certified person” therefore title is set within the National Appliance 43-101.

So it pr release get contain forward-searching comments. All the comments, except that statements from historic facts, you to definitely address circumstances, incidents or improvements your Organization thinks, wants otherwise anticipates usually otherwise might occur in the future (plus, instead of restrict, comments about the effective use of continues, the latest feeling of proper partnerships and you can comments you to definitely establish their upcoming arrangements, expectations or requirements) was pass-lookin statements. Such send-looking statements mirror the modern criterion or beliefs of one’s Company centered on pointers currently available into Providers. Forward-searching comments are subject to enough risks and you can uncertainties that can cause the actual result of the business to disagree materially off those individuals discussed on send- searching statements, as well as when the like actual email address details are know otherwise dramatically knew, you will find no assurance that they’ll have the asked consequences so you’re able to, or effects to the Providers. Things that will end up in genuine performance otherwise situations in order to disagree materially from current criterion were, among other things, changes in security markets, alterations in standard economic conditions, ents from inside the Botswana and you can encompassing regions, change so you’re able to regulations affecting the company’s situations, uncertainties concerning the access and you may will cost you from money needed in the long term, mining and you can advancement dangers, the newest concerns working in interpreting exploration abilities therefore the almost every other threats active in the nutrient exploration providers. People pass-looking report speaks merely as of the fresh new go out about what it is generated and, but because the may be required by the applicable securities statutes, the company disclaims one intention or obligations so you can revision one submit-appearing report, whether or not right down to new guidance, upcoming occurrences otherwise results or otherwise. As the Business thinks the assumptions inherent on the pass-searching comments is realistic, forward-lookin comments commonly a vow out of coming show and you can correctly undue dependence should not be put-on such comments on account of this new intrinsic suspicion therein.