Tsodilo Resources Ltd. reports developments in mineral exploration projects in Botswana, including its Gcwihaba Resources project area and the Xaudum Iron Formation project. The company describes itself as an international mineral resource exploration company with a 100% stake in a Gcwihaba project area made up of five metal prospecting licenses for base, precious, platinum group and rare earth metals in Botswana's North-West district.
Recurring updates cover critical minerals and rare earth element work at Gcwihaba, including skarn-hosted mineralization, geophysical and drilling results, mineralogy and geochemistry studies, and research collaborations with universities and applied-science organizations. News also includes non-brokered private placements, stock option grants, and funding uses tied to exploration programs and working capital.
Tsodilo Resources (TSDRF) reported completed research milestones with three collaborators supporting rare earth exploration at its wholly owned Gcwihaba Metals Project in Botswana. BITRI characterized four selected C27 drill-core samples, reporting total rare earth elements plus yttrium of 85–1,794 ppm on an elemental basis. University of Cape Town researchers identified cerium-rich allanite as the principal rare earth host in a preliminary study of eleven sections.
Battelle completed a first-stage artificial-intelligence model that Tsodilo intends to use in ranking exploration targets. Its internal testing performed comparably to a standard benchmark. The geological studies are not grade assays and are not comparable with previously reported oxide-basis drill intercepts. Mineral identifications remain preliminary, and two sections from one meter of core contained 26.6% and 0.1% cerium-rich allanite, illustrating local variability.
Tsodilo Resources (TSDRF) has established subsidiaries in the Democratic Republic of Congo and Namibia to expand its mineral exploration activities.
Tsodilo DRC S.A.R.L.U is concentrating on Haut-Lomami and Tshopo provinces, while TSD Namibia Mineral Resources is focusing on the Kunene Region. Targets in Tshopo include gold, copper and lithium. The company sees untested lithium, tantalum and niobium potential in Haut-Lomami and plans to use its existing drill rigs, geophysical equipment and in-house exploration capabilities across the new jurisdictions.
Tsodilo says its Botswana iron, critical minerals and rare-earth projects remain its focus. Negotiations with current license holders or the respective licensing bureaus remain uncertain.
Tsodilo Resources (OTCQB:TSDRF) will adopt a semi-annual financial reporting framework under Canadian Securities Administrators Blanket Order 51-933. The company will stop filing first- and third-quarter financial statements and MD&A, while continuing audited annual and six-month interim reports, aiming to reduce administrative and financial reporting burdens.
Tsodilo Resources (OTCQB:TSDRF) reported results of its Annual General Meeting held May 29, 2026. Shareholders elected directors James M. Bruchs, Jonathan R. Kelafant and Blackie Marole. They approved the appointment of Jones & O'Connell LLP as auditor and the grant of 775,000 stock options at C$0.17, vesting over 18 months and expiring in five years.
Tsodilo Resources (OTCQB:TSDRF) announced a collaborative research initiative with the University of Cape Town to advance critical minerals (CM) and rare earth elements (REE) exploration at the Gcwihaba skarn project in Ngamiland, Botswana. The program applies QEMSCAN, EPMA, LA-ICP-MS and oxygen isotope analysis to characterize REE-bearing phases and fluid origins.
Results will calibrate data-driven exploration models, refine proxy targeting from legacy drill data, and support collaborative modelling with Battelle and local Botswana laboratories.
Tsodilo Resources (OTCQB: TSDRF) announced a strategic collaboration with Battelle Memorial Institute on March 30, 2026 to apply AI and advanced data analytics to its Botswana critical minerals and rare earth elements exploration program.
The program will train a physics-informed predictive AI model on Tsodilo's dataset (600+ diamond core holes, 100,000+ meters, 30,000 assays, multi-method geophysics) to identify and rank high-probability REE and CM targets in skarn deposits, with iterative updates as new drilling data arrive.
Tsodilo Resources (OTCQB:TSDRF) closed a non-brokered private placement on March 18, 2026, raising C$900,000 by issuing 4,500,000 units at C$0.20 per unit.
Each unit includes one common share and one five-year warrant exercisable at USD $0.20; hold period expires July 19, 2026. Proceeds will fund advancement of the Critical Minerals and Rare Earth Elements project, the Xaudum Iron Formation project, and general corporate purposes.
Tsodilo Resources (OTCQB: TSDRF; TSXV: TSD) closed a non‑brokered private placement on February 2, 2026, raising C$742,095 through issuance of 4,947,297 Units at C$0.15 per Unit. Each Unit includes one common share and one five‑year warrant exercisable at USD$0.15.
The securities (including warrant shares) are subject to a statutory four‑month plus one‑day hold expiring June 3, 2026. Warrants may be accelerated to expire if the share price reaches the USD$0.30 equivalent for 10 consecutive trading days. Proceeds will fund the Critical and Rare Earth Metals project, the Xaudum Iron Formation project, and general corporate purposes.
Tsodilo Resources (OTCQB: TSDRF) confirmed skarn-hosted critical minerals and rare earth element (REE) mineralization at its 100% owned Gcwihaba Metals Project, northwest Botswana. Diamond drilling at C26 and C27 hit REE mineralization 20–50m below surface, with peak intercepts including 1.49% TREO over 2m at C27 and 0.46% TREO over 1m at C26. A conceptual exploration target of 81–97 million tonnes at 0.05–1.49% TREO was defined. 15,000m of drilling is planned in 2026 to support an initial NI 43-101 resource statement. 76% of 1,612 samples returned detectable REE; C26/C27 contain 20 U.S. Critical Minerals including NdPr (~15% of TREO).
Tsodilo Resources (OTCQB:TSDRF) granted 500,000 stock options to officers, senior employees and advisors, effective January 5, 2026. The options have an exercise price of CDN $0.15 per common share, a five-year term, and vest in four equal installments on Jan 5, 2026, Jul 5, 2026, Jan 5, 2027 and Jul 5, 2027.
The grant is under the company's Stock Option Plan and a board policy adopted in September 2002.