Tsodilo Resources Limited (TSD.V) 2013年年度报告「TSX-V」.pdf

1、Tsodilo Resources Limited Annual Report 2013 Presidents Message Dear Shareholders,On behalf of the board of directors,I am pleased to provide the annual report of Tsodilo Resources Limited(“Tsodilo”or the“Company”)recording the Companys progress together with the audited financials for the year endi

2、ng December 31,2013.The accelerated work program initiated in 2012 continued into 2013 as the Company concentrated its efforts in preparation for its maiden Canadian National Instrument 43-101 Resource Estimate and Technical Report on its Xaudum Iron Ore Project.The exploration target has,at this po

3、int in time,been conservatively estimated at 5 to 7 billion tonnes of iron ore.The ground magnetic survey was completed(18,000 line kilometers)defining a project area of some 1,600 km2.11,000 meters of core were drilled on fences across portions of the body in order to establish a resource in compli

4、ance with NI 43-101 standards.SRK Consulting(U.K.)Limited was retained to prepare an Initial NI 43-101 Technical Report and Resource Estimate and on its Xaudum Iron Ore Project.QAQC(Quality Assurance and Quality Control)steps have been introduced in the Iron Ore sampling program which includes blanc

5、 and duplicate samples,our in-house QAQC check samples which include 3 Geostats Pty.GIOP(Geostats Iron Ore Pulp)standards,and density check samples in the form of Standard and Test Weights(5 and 10 kg).All assays batches that included QAQC samples to date have satisfactorily passed the QAQC checks t

6、o and have been uploaded into the database.A strategic partnership with First Quantum Minerals was agreed to during the year.They are a world-class mining company with great financial strength and specific expertise in exploration for African Copperbelt type base metal targets gained from their mini