Government approves EIS of Tlou’s Boomslang Project

EIS approval for exploration of the Boomslang permit (Tlou 100 percent) represents another key milestone for the Company.

Government approves  EIS of Tlou’s Boomslang Project
Tony Gilby, Managing Director

Botswana’s  Department  of  Environmental  Affairs  (DEA)  has  approved  the  Environmental Impact Statement (EIS)  for  Tlou’s  Boomslang  project. The Boomslang Prospecting Licence PL011/2019 is located adjacent to the Company’s Lesedi power project.

All proposed project activities outlined under the EIS have been authorized. These include drilling of core holes and stratigraphy boreholes, conducting seismic and geomagnetic surveys, pilot testing pods, monitoring wells and evaporation ponds and installation of pumping monitoring, gathering lines and evaluation equipment.

Tlou believes  the Boomslang project can complement  the more mature Lesedi and Mamba projects,  particularly given the presence  of  the  highly  prospective Serowe  coal  seam. The Lesedi and Mamba projects primarily target the deeper Morupule coal seam.  EIS approval for exploration of the Boomslang permit (Tlou 100 percent) represents another key milestone for the Company. Successful exploration and development of the Boomslang area could facilitate Tlou’s longer term strategy of expansion beyond the current Lesedi project area.