TORONTO, To the / ACCESSWIRE / / Tsodilo Info Limited („Tsodilo“ or the „Company“) (TSX-V:TSD)(OTCQB:TSDRF)(FSE:TZO) while the told by Ministry out of Works and you can Transportation (Namibia) are pleased to announce that Last Feasibility Investigation („FFS“ or perhaps the „Study“) to your Trans-Zambezi Railway Expansion Grootfontein-Rundu-Katima Mulilo has been done.
The research on it the building of your own Trans-Zambezi Rail expansion out of Grootfontein to Katima Mulilo through Rundu when you look at the Namibia which will be element of a multinational rail range between Namibia and you can Zambia through the Zambezi region. The fresh FFS are used because of the Yards R Technofin Consultants Ltd (Canada) and you will co-financed of the Government of one’s Republic of Namibia and African Innovation Lender. The new FFS try submitted to the latest Ministry from Works and Transport, Bodies of Republic off Namibia.
It passageway try really well arranged so you’re able to provider the two-means exchange amongst the SADC area and you will European countries, Northern and you may South america and you can growing locations on the East, get a hold of Figure step 1 to own a local perspective to that particular important transport corridor.
„The newest advised train expansion is a vital advancement for Tsodilo since they opens up good proximate railway transportation program for the beginning of one’s Xaudum Iron Development project’s possible iron items, particularly metal focus, metal pellets, potential head quicker metal (DRI) things, and you may Ferrosilicone (FeSi), while in the central, eastern and you may south Africa also around the globe segments“ therefore is recommended of the study’s results set forth inside the latest declaration as „The main end of your assignment is that the suggested 772 km Greenfield range is actually practical away from a scientific, ecological, courtroom, financial, and you can monetary view and must progress. (Regularity II, Point 7, page 99) [focus added]“ stated the business’s President and Chief executive officer, James Yards. Bruchs.
The brand new proposed railway extension between Grootfontein and you will Katima Mulilo is tall because extension try wished to pass through Divundu inside Namibia that’s located thirty-five kilometers (twenty-two miles) from your licenses place within the Northern Botswana, find Figure dos. The newest Trans-Zambezi Railway expansion feasibility analysis can be seen within its entirety at:
Tsodilo Information Limited is a global diamond and you may metals mining team involved with this new try to find economic diamond, material dumps and you will industrial brick at their Bosoto (Pty) Minimal („Bosoto“), Gcwihaba Tips (Pty) Restricted („Gcwihaba“) and Newdico (Pty) Ltd. („Newdico) ideas when you look at the Botswana. The business enjoys a hundred% risk in the Bosoto (Pty) Ltd. and that holds the new BK16 kimberlite enterprise regarding the Orapa Kimberlite Career (OKF) within the Botswana therefore the PL diamond prospection licenses along with regarding the OKF. The organization features a hundred% stake within the Gcwihaba endeavor area consisting of five steel (ft, dear, rare metal category, and rare earth) to generate leads permits all the located in the Northern-West section off Botswana. The organization features a 100% interest in the Newdico industrial stone opportunity based in Botswana’s Central District. Total supervision of one’s Organization’s exploration program is the duty of McDonald Kahari (Publicity. Sci. Nat.) a beneficial „qualified individual“ as a result name is placed in the National Appliance 43-101.
That it press release will get incorporate give-lookin statements. All the statements, apart from comments of historic fact, you to target products, occurrences otherwise developments the Organization thinks, needs otherwise wants will or may occur afterwards (and, versus maximum, statements about the aid of continues, the latest perception off proper partnerships and statements one explain the company’s coming agreements, expectations otherwise desires) is send-appearing comments. These types of send-lookin comments mirror the current expectations otherwise philosophy of the Company centered on recommendations on the market to the Providers. Forward-looking statements is actually subject to many threats and you will concerns that may cause the genuine outcome of the firm to disagree materially out of those individuals chatted about regarding give- lookin comments, plus if the such as for instance genuine email address details are know or significantly understood, there is zero guarantee that they’re going to feel the requested outcomes to help you, otherwise effects on Company. Activities that’ll result in real results or occurrences in order to differ materially from current criterion are, among other things, changes in security locations, alterations in general economic conditions, ents inside Botswana and close countries, transform to help you guidelines affecting the business’s products, concerns regarding the supply and will set you back from capital needed in the near future, mining and you can advancement threats, the concerns in interpreting exploration efficiency plus the other threats involved in the mineral exploration team. One send-appearing declaration speaks simply at the time of the brand new big date on which they is made and you can, except as the may be required from the relevant bonds laws, the organization disclaims people intention or obligation in order to revise one send-searching declaration, if down to the new pointers, upcoming events or performance if not. As the Team thinks the presumptions built-in regarding submit-searching comments are sensible, forward-looking comments are not a hope away from upcoming show and you may consequently excessive dependence shouldn’t be wear such statements on account of the newest intrinsic uncertainty therein.