Tembo Gold Corp. is pleased to announce an initial closing of its non-brokered private placement financing announced on June 23, 2021. The Company issued a total of 14,103,365 common shares at a price of $0.15 per Share. A finder's fee of 500,000 shares, at deemed price of $0.15 per share, was paid on a portion of the financing. All Shares issued are subject to a four month hold period from the date of closing. The [...]
Tembo Gold Corp. is pleased to announce that pursuant to a price reservation filed with the TSX Venture Exchange on June 7th 2021, the Company proposes to complete a non-brokered private placement consisting of 20,000,000 common shares, at a price of $0.15 per share, for total gross proceeds of up to $3,000,000. The proceeds will be used for general working capital, and project related costs including drilling and [...]
Tembo Gold Corp. announces that it has retained 3ppb LLC to provide investor relations and communication services. 3ppb is led by Patrick Chidley and Paul Durham, two highly experienced and respected mining industry professionals with deep experience in the gold industry and wide-ranging relationships throughout the industry and investment community. 3ppb provides specialist services to help companies in the metals and [...]
GoldSpot Discoveries Corp. and Tembo Gold Corp. are pleased to report the results of GoldSpot's property wide data review, reinterpretation, and target generation utilizing traditional geological and machine learning methods, which was completed in collaboration with the Tembo geological team. The results of this exercise have led to the identification of 54 geological targets ranked in order of priority at the Tembo Gold [...]
Tembo Gold Corp. is pleased to announce the initial results of the work being conducted by GoldSpot Discoveries Corp. , in conjunction with the Tembo geological team. The Company announced the collaboration agreement with GoldSpot on August 20th, 2020 . GoldSpot is applying the broad experience and knowledge of their multidisciplinary team of geoscientists and data scientists, coupled with artificial intelligence [...]
Tembo Gold Corp. is pleased to announce the appointment of Dr. Bob Foster and Emma Priestley to its Advisory Board. David Scott, President & CEO, stated, "We are delighted to have Bob Foster and Emma Priestley join our Advisory Board. Their combined technical, corporate and African experience will be of great value to Tembo as we move forward on the Tembo Project. Both Bob and Emma's prior involvement with Tembo through [...]
Tembo Gold Corp. is pleased to announce that it has retained INFOR Financial Inc. as its strategic advisor to aid in the identification and execution of value creating opportunities as they present themselves. INFOR Financial will work collaboratively with the Tembo board of directors, to pursue, engage and evaluate global strategic partners and investors to advance the Tembo project. "INFOR Financial brings significant [...]
Tembo Gold Corp. is pleased to announce that it has secured, under license, an additional 70km2 including 30km2 directly adjoining Barrick's Bulyanhulu Mine. The Company's prospecting licence holding in Tanzania's Lake Victoria goldfield, encompassing the Tembo Project, now total 181km2. Highlights Tembo Gold formerly held 38 prospecting licences covering an area of 110km2 that constituted the Tembo Project area. The [...]
Tembo Gold Corp. is pleased to provide this geological information on the Ngula 1 target, Tembo Project. Historical and Pre-drilling Exploration Results Prior to the drilling programmes conducted during the 2011-12 and 2014 exploration campaigns, Ngula 1 had returned two anomalous soil values and five reverse circulation drill holes had been drilled along a close-spaced drill fence to intersect beneath a linear array of [...]
Tembo Gold Corp. is pleased to provide this geological information on the Tembo Project. Highlights Sukumaland Greenstone Belt The Sukumaland Greenstone Belt, an arcuate sequence comprising an inner and outer arc of metavolcanics and metasedimentary greenstone lithologies extensively intruded by gneissic granites, is host to the Lake Victoria Goldfield. The Tembo Project is located on the inner of two arcuate greenstone [...]
Tembo Gold Corp. is pleased to provide this update on Tanzania and the Lake Victoria goldfield, and the position of the Company and the Tembo Project in this context. Highlights Lake Victoria Goldfield After nearly 30 years of strong socialist policies the Tanzanian economy was opened up for capitalist investment in the late 1980s, which led to an influx of exploration and subsequent mining investment and the opening of [...]
Tembo Gold Corp. is pleased to announce that the Company has entered a collaboration agreement with GoldSpot Discoveries Corp , whereby GoldSpot will apply the experience and knowledge of a multidisciplinary geoscientific team as well as artificial intelligence computing technology to interpret the Tembo and regional geological data to generate and prioritise exploration targets within Tembo's licence area. Highlights [...]
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