Tsodilo Info Restricted: Feasibility Investigation Towards Trans-Zambezi Rail Extension Grootfontein-Rundu-Katima Mulilo

Tsodilo Info Restricted: Feasibility Investigation Towards Trans-Zambezi Rail Extension Grootfontein-Rundu-Katima Mulilo

The cross-border railway opportunity is designed to hook up the newest mines and you can mining activities to the rail system along the Walvis Bay – Ndola – Lubumbashi Innovation Corridor to allow transportation of nutritional elements on Copperbelt so you can Walvis Bay

TORONTO, For the / ACCESSWIRE / / Tsodilo Info Restricted (“Tsodilo” and/or “Company”) (TSX-V:TSD)(OTCQB:TSDRF)(FSE:TZO) because the told of the Ministry off Functions and Transport (Namibia) are very happy to declare that Latest Feasibility Research (“FFS” or the “Study”) towards the Trans-Zambezi Railway Expansion Grootfontein-Rundu-Katima Mulilo has been completed.

The analysis inside the building of your Trans-Zambezi Railway extension away from Grootfontein in order to Katima Mulilo through Rundu within the Namibia which can be section of a multinational rail line between Namibia and you can Zambia via the Zambezi area. The fresh new FFS is actually used by M Roentgen Technofin Professionals Ltd (Canada) and you will co-financed from the Authorities of one’s Republic out of Namibia and African Advancement Financial. The brand new FFS is actually submitted to the fresh new Ministry away from Works and you can Transportation, Regulators from Republic regarding Namibia.

That it corridor was well positioned so you can service the two-method trade amongst the SADC part and you will European countries, North and you will South america and you will growing locations from the Eastern, pick Shape step 1 getting a regional framework to that particular very important transportation corridor.

“The fresh proposed railway expansion is an important creativity for Tsodilo while the they opens up an effective proximate rail transportation program into beginning of our own Xaudum Metal Creation project’s prospective metal things, like metal concentrate, metal pellets, potential direct smaller metal (DRI) circumstances, and you may Ferrosilicone (FeSi), while in the central, east and you will southern Africa as well as around the world locations” so we try advised by the study’s conclusions set forth for the the fresh new statement while the “The main achievement of one’s assignment is the fact that recommended 772 kilometer Greenfield range was viable off a scientific, ecological, court, economic, and you can economic viewpoint and ought to move ahead. (Frequency II, Area 7, web page 99) [stress added]” mentioned the business’s Chairman and you may Ceo, James Yards. Bruchs.

The latest suggested train extension between Grootfontein and you will Katima Mulilo was tall as the expansion is wanted to go through Divundu when you look at the Namibia that is found 35 kilometers (22 kilometers) from your license location in Northern Botswana, get a hold of Contour dos. The latest Trans-Zambezi Train expansion feasibility study can be looked at within its totality at:

Tsodilo handles the fresh new mining of your own Newdico, Gcwihaba, and you will Bosoto programs

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Tsodilo Info Limited is actually a global diamond and you can metals mining organization involved with the look for monetary diamond, material dumps and you will industrial brick on the Bosoto (Pty) Restricted (“Bosoto”), Gcwihaba Tips (Pty) Limited (“Gcwihaba”) and you can Newdico (Pty) Ltd. (“Newdico) methods in Botswana. The business has an one hundred% share in Bosoto (Pty) Ltd. and this holds the fresh BK16 kimberlite endeavor regarding Orapa Kimberlite Job (OKF) from inside the Botswana and PL diamond prospection license including from the OKF. The firm has actually an one hundred% share in Gcwihaba venture town comprising four steel (ft, precious, rare metal classification, and rare earth) prospecting permits every found in the Northern-Western district away from Botswana. The company have a 100% interest in their Newdico commercial stone project based in Botswana’s Central Section. Total supervision of Company’s mining program is the obligations from McDonald Kahari (Pr. Sci. Nat.) an excellent “qualified people” therefore title is placed into the Federal Appliance 43-101.

That it news release may consist of pass-looking comments. Every comments, except that comments away from historic facts, one target items, situations otherwise improvements the Organization believes, anticipates or wants tend to otherwise may possibly occur afterwards (including, in the place of restriction, statements when it comes to employing proceeds, brand new impression out-of proper partnerships and you may statements that establish their future plans, expectations or requires) are send-searching comments. These types of send-looking comments reflect the current standard otherwise beliefs of one’s Providers centered on information currently available on Business. Forward-looking comments are subject to enough threats and you can uncertainties that can cause the true results of the organization so you’re able to disagree materially out-of people chatted about regarding submit- lookin statements, and even in the event that eg actual email address details are knew otherwise significantly knew, there clearly was zero guarantee that they can feel the asked effects to, otherwise consequences to the Providers. Situations that may cause actual show otherwise occurrences so you can disagree materially out of newest standard are, among other things, alterations in guarantee markets, alterations in general fiscal conditions, ents into the Botswana and surrounding nations, alter to guidelines affecting the company’s things, concerns relating to the availableness and you will costs out-of capital required in tomorrow, mining and you will development dangers, brand new concerns working in interpreting exploration efficiency while the almost every other risks involved in the mineral exploration company. Any pass-looking report talks just at the time of the day on which they is made and, but as may be needed from the applicable securities statutes, the business disclaims one intent or duty in order to up-date one give-appearing declaration, if or not down to the newest pointers, upcoming occurrences or efficiency or else. Even though the Team thinks the assumptions intrinsic on forward-lookin comments was realistic, forward-looking comments commonly a guarantee off upcoming overall performance and correctly excessive dependency really should not be put-on instance statements due to this new built-in uncertainty therein.