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Tsodilo Resources Limited Discovers Copper, Nickel and Cobalt Sulfide Mineralization Within its License Blocks in Northwest Botswana
Tsodilo Resources Limited Discovers Copper, Nickel and Cobalt Sulfide Mineralization Within its L...
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[{"type":"text","content":"Tsodilo Resources Limited Discovers Copper, Nickel and Cobalt Sulfide Mineralization Within its License Blocks in Northwest Botswana\n\n\n\nTsodilo Resources Limited Discovers Copper, Nickel and Cobalt Sulfide Mineralization Within its License Blocks in Northwest Botswana\n\nToronto, Ontario CANADA, April 20, 2009 /FSC/ - Tsodilo Resources Limited (TSD - TSX Venture), (\"Tsodilo\" or the \"Company\") is pleased to announce that it has encountered copper, nickel and cobalt (\"Cu-Ni-Co') sulfide mineralization in disseminated and massive sulfides from eighteen (18) core drill holes within its license blocks.\n\nThe Tsodilo Hills base and precious metal license area is centered at 22 degrees 00'E, 18 degrees 42'S and lies within the Damara Belt about 40 kilometers north-west of the location of the Matchless Amphibolite Belt (MAB) proposed by Ludtke (1984) and Meixner (1983). The nature of the mineralization encountered bears strong geophysical, geological and mineralogical similarities to the Cu-Ni-Co deposits situated in the Lufilian Arc in Zambia. The apparent similarities between the Tsodilo Hills license areas and the Lufilian Arc are further supported by detailed comparison of the available structural, lithological, soil geochemistry, geophysics and age data for the two regions that were completed by the Company in parallel with its drilling activities.\n\nThe Lufilian Arc, which hosts the Zambian Copper Belt (>25 million tons of copper produced in Zambia) and its extension into Katanga, Democratic Republic of Congo, is a huge metallogenic province with copper, cobalt and uranium riches, discovered more than 80 years ago. Its relationships of the mineralization to Pan-African (Neoproterozoic) age tectonics have been recognized from early days. These ore deposits were generated from deep sources during north-directed thrusting and regional-scale fluid flow through basement rocks with precipitation from these pregnant fluids at structural traps within the overlying sediments, such as the carbonates and graphitic shales of the Kalumbila Cu-Ni-Co deposits. Ongoing studies indicate that the Zambian Copper Belt is contiguous with the north-east trending Damaran Belt which contains the sulphide rich meta-ophiolites of the MAB. These belts together define the Neoproterozoic suture zone between the Kalahari and Congo-Tanzani...