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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (2616)	9/12/2013 9:19:21 AM
From: Goose94	Read Replies (1) of 202988

Tsodilo Resources (TSD-V) optionee First Quantum Minerals (FM-T)begins Botswana drilling Sept 12, 2013 - News Release Tsodilo Resources Ltd. optionee First Quantum Minerals initial drilling program has recently commenced. The drilling program will take place on metal licenses held by Tsodilo which form the project area of the strategic partnership between TSD and FQM announced on April 18, 2013. Diamond Drilling (DD) One DD rig will drill 'fences' across prospective targets such as fault intersections for the purpose of increasing the knowledge of the basin stratigraphy and structure. Holes will be inclined thus providing oriented core; spaced 500 to 2,000 meters apart; and 300 - 700 meters in depth. Fences will traverse key geological contacts and will for the most-part be oriented in an east-west direction. The initial program of nine holes will take between two and four months to complete. Figure 1 below shows the two priority areas for diamond drilling. tsodiloresources.com Figure 1. Locations of initial diamond drilling 'fences', designed to test conceptual targets and increase of understanding of the regional geology. Reverse Circulation (RC) Drilling RC drilling will be sampling the transported cover - the Kalahari Group - testing for metal anomalism which may originate from buried mineralization in the Neoproterozoic 'basement'. The RC drilling will work an offset grid pattern with lines spaced 2km apart as per Figure 2 below and average 50 meters deep with a following diamond 'tail' when selected. The RC drill program envisions two-hundred fifty (250) holes to be drilled in priority areas to outline deposit footprints with further areas to be covered if the technique proves successful Samples of Kalahari sand will be split and composited into 2 meter samples on the drill rig, and then sieved to a 180 micron fraction. This fine fraction will be depleted in quartz grains and enriched in metal-adsorbing clays and iron-oxides. Samples will be assayed for trace Cu, Ni, Au and accessory metals. The diamond drill 'tail' will collect a small (1 to 6 meters long) core sample from the Neoproterozoic basement. tsodiloresources.com Figure 2. RC drilling program grid. National Instrument 43-101 - Standards of Disclosure for Mineral Projects, Form 43-101F1 and Companion Policy 43-101CP requires that the following disclosure be made: All references contained herein with respect to the potential quantity and grade derived by any method is at this stage of development conceptual in nature. At the present time, there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

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