Tsodilo

completed

Tsodilo Resources Limited (the “Company” or "Tsodilo") is a Toronto Stock Venture Exchange listed exploration company that is currently exploring for diamonds, base and precious metals (“the Project”) in the northwestern part of Botswana. Tsodilo started off exploring for diamonds but has recently discovered what appears to be a promising copper/nickel deposit. Exploration of the diamond licenses is centered on an area where a previous exploration program discovered 19 kimberlites, four of which contained micro-diamonds. Tsodilo has discovered a further 9 kimberlites, bringing the total number of known kimberlites in this field to 28. Tsodilo is seeking IFC’s engagement (i) to assist in funding the continued exploration of the Project to reach a scoping study stage within the next two years; and (ii) to provide environmental and social technical assistance to help develop the Project in line with industry best practices.