Tsodilo Resources establishes exploration subsidiaries in DR Congo, Namibia
Bitget2026/10/14 04:11- Tsodilo Resources established new subsidiaries in the Democratic Republic of Congo and Namibia to expand exploration beyond Botswana.
- Move targets critical minerals and rare earth elements, leveraging its drill rigs, geophysical equipment, and in-house exploration team.
- DRC unit is prioritizing Haut-Lomami and Tshopo provinces, with lithium, tantalum, niobium, gold, copper as key targets.
- Namibia unit is focusing on the Kunene region, targeting copper and polymetallic mineralization, with potential for orogenic gold.
- Management flagged deal uncertainty, citing ongoing negotiations with license holders and regulators in both countries.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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