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.
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.