Tsodilo Resources Limited (TSD.V) 2003年年度报告「TSX-V」.pdf

1、BD I A M O N D E X P L O R AT I O N I NTsodilo Resources Limited 2003FELLOW SHAREHOLDERSWhat a difference a year makes!The past year proved to be a periodof change and transition for Tsodilo Resources Limited(“Tsodilo”or the“Company”).This time last year,transfer of control to theminority shareholde

2、rs of Tsodilo,formerly known as Trans HexInternational Ltd.,by Trans Hex Group Limited was being finalizedwith the appointment of new directors,management and staff whohave dedicated themselves to the further exploration and develop-ment of our properties in Botswana.I am pleased to report that Tsod

3、ilo completed its initial ground gravity and magnetic survey on selected targets in the east(“Guma”)and in the west(“Nxau Nxau”)of our licence area.The results are regarded as extremely encouraging and only reinforce our contention that the source,or sources,for unexplained heavy mineral anomalies t

4、o the west,in Namibia,lies within ourNgamiland licence block.At our Nxau Nxau target,in the west of the licence block,the geo-physical surveys identified an isolated gravity“low”,approximately500 metres by 300 metres,immediately to the south of the magnetic“bulls-eye”high designated A12.These geophy

5、sical characteristics,coupled with a coincident,isolated concentration of ilmenites(identified in previous sampling carried out by the Company),provide compelling evidence that this target is a kimberlite,with anestimated surface area of approximately 12 hectares.Geophysical surveys carried out over

6、 two further magnetic targets(A37 and A38)in the Nxau Nxau area,indicate that these too are virgin kimberlites.The former comprises two prominent magneticbulls-eye features(A37a and A37b),together with a group of foursubtler magnetic bulls-eye features to the west.The latter are associated with a ma