News Releases

July 13, 2004
R. Stuart (Tookie) Angus to Join Board of Directors
TORONTO, ONTARIO - Tsodilo Resources Limited (TSX Venture Exchange: TSD) ("Tsodilo" or the "Company") is pleased to announce that R. Stuart (Tookie) Angus will join Management's slate as a nominee for election to the Board of Directors at the company's Annual Meeting to be held on September 1, 2004, subject to regulatory approval. In addition to Mr. Angus, management's slate for election to the Company's Board of Directors, is comprised of Dr. Christopher M. H. Jennings, James M. Bruchs and Patrick C. McGinley.

Mr. Angus is presently Managing Director - Mergers & Acquisitions for Endeavour Financial and is responsible for merger and acquisition mandates. Prior to joining Endeavour Financial, he was a partner at the Canadian law firm Fasken Martineau DuMoulin LLP and headed that firm's Global Mining Group. For over 25 years, Tookie has focused on significant international exploration, development and mining ventures, and all aspects of their structuring and finance.

"Tookie brings impressive credentials and significant and diverse talents to our company which enhances our ability to meet the challenges of today's regulatory, business, financial and market environments. We are pleased to welcome him aboard," commented James M. Bruchs, President & CEO.

FOR FURTHER INFORMATION PLEASE CONTACT:

James M. Bruchs - President and Chief Executive Officer: E-Mail: JBruchs@TsodiloResources.com
Head Office: Telephone +1 416 572 2033 Facsimile + 1 416 5724164
COREBOX
Tsodilo Resources Limited
Canada Trust Tower, BCE Place
161 Bay Street, P.O. Box 508
Toronto, ON Canada M5J 2S1
Telephone: (416) 572-2033
Fax: (416) 987-4369
Website: www.TsodiloResources.com/
Email: