Company Overview

Tsodilo Resources Limited is a Canada-based mineral exploration company focused on the discovery and evaluation of diamond deposits. The company operates within the mineral exploration and diamond exploration industries and is publicly listed on the TSX Venture Exchange and the U.S. OTC Markets under the symbol TSDRF. Tsodilo does not currently generate operating revenue and is classified as an exploration-stage company, with value primarily driven by its mineral asset portfolio and exploration results.

The company’s core focus is diamond exploration in Botswana, a jurisdiction recognized for stable mining regulation and globally significant diamond production. Tsodilo’s strategic positioning is centered on controlling a large, contiguous land package in a prolific diamond-bearing region near established producing mines. The company was incorporated in the mid-1990s and has progressively evolved from a diversified exploration model to a concentrated focus on diamond assets in Botswana, particularly through its long-term commitment to the BK16 and BK11 projects.

Business Operations

Tsodilo’s operations consist primarily of early- to advanced-stage mineral exploration activities, including geological surveys, drilling programs, bulk sampling, and technical evaluations. Its principal business units are BK16 Diamond Project and BK11 Diamond Project, which together represent the company’s primary asset base. These projects are managed through its wholly owned Botswana-based subsidiary, Tsodilo Resources (Botswana) (Pty) Ltd.

The company operates internationally but is operationally concentrated in Botswana, while corporate management, financing, and regulatory reporting are conducted from Canada. Tsodilo controls exploration licenses covering thousands of square kilometers and utilizes modern geophysical and kimberlite evaluation technologies. The company has historically entered into joint venture and technical cooperation agreements with major industry participants; however, details of current active joint ventures or strategic partnerships are limited, and data inconclusive based on available public sources.

Strategic Position & Investments

Tsodilo’s strategic direction is focused on advancing its diamond projects toward economic viability through systematic exploration, resource delineation, and technical de-risking. Growth initiatives emphasize expanding known kimberlite bodies, identifying new targets within existing license areas, and leveraging proximity to nearby producing diamond mines to enhance project economics.

The company’s most notable strategic investment is its sustained capital allocation to the BK16 Diamond Project, which has demonstrated high-value diamond recoveries in historical bulk sampling programs. Tsodilo does not maintain a diversified investment portfolio and has not completed any transformative acquisitions in recent years. Its strategic exposure remains concentrated in diamond exploration, with no verified involvement in emerging technologies or non-core mineral sectors based on publicly available disclosures.

Geographic Footprint

Tsodilo Resources Limited is headquartered in Vancouver, British Columbia, Canada, which serves as the center for corporate governance, investor relations, and regulatory compliance. The company’s operational footprint is almost entirely located in Southern Africa, specifically Botswana, where all active exploration licenses are held.

Within Botswana, Tsodilo’s license areas are situated in the Orapa region, a globally significant diamond-producing district. The company does not report active exploration or investment operations in other continents, and its international influence is primarily indirect through capital markets access in North America.

Leadership & Governance

Tsodilo was founded by individuals with long-standing experience in mineral exploration, and its leadership philosophy emphasizes disciplined exploration, technical rigor, and operating in politically stable jurisdictions. The company is governed by a board of directors and executive management team responsible for strategic oversight, capital allocation, and regulatory compliance.

Key executives include:

• Roger Newbery – President and Chief Executive Officer

Publicly available sources consistently identify Roger Newbery as both a founder and the current chief executive. Information regarding additional current executive officers or changes in senior management beyond the CEO role is limited, and data inconclusive based on available public sources.