Tsodilo Resources is continuing its research collaboration with the Botswana International University of Science and Technology (BIUST) to explore high-value utilization of iron ore through pig iron production. The company also restated its Inferred Mineral Resource for the Xaudum Iron Project (Block 1) as 441 Mt at 29.4% Fe.
Tsodilo Resources announced the successful renewal of five prospecting licenses in Botswana and the withdrawal of a contempt motion. The company also restated its existing Inferred Mineral Resource for the Xaudum Iron Formation (Block 1) and highlighted its commitment to 'green steel' standards.
Tsodilo Resources announced that the legal appeal period regarding its Gcwihaba prospecting licenses in Botswana has lapsed. The company also restated historical resource data for the Xaudum Iron Formation (XIF) project, noting an Inferred resource of 441 Mt at 29.4% Fe.
Tsodilo Resources has filed a legal application in Botswana to hold the Minister of Minerals and Energy in contempt for failing to renew the company's prospecting licenses as ordered by a court in December 2023. The company also provided a summary of its Xaudum Iron Formation (XIF) project, which includes an inferred resource of 441 Mt at 29.4% Fe.
