Tembo Gold Corp.

Tembo Gold is a Canadian publicly listed mineral exploration company with a 100% interest in the Tembo Gold Project, a ~32 km2 licence area adjacent to Barrick’s >20Moz Bulyanhulu Mine in Tanzania.

About

Barrick Gold Corp. Transaction

On December 7, 2021, Tembo announced that it had entered into a binding agreement with Barrick Gold Corporation (TSE: ABX; NYSE: GOLD)(“Barrick”), Bulyanhulu Gold Mine Limited (“Buly“), a subsidiary of Barrick, agreeing to sell to Buly a 100% ownership interest in six of Tembo’s non-core prospecting licences.

State-Of-The-Art Exploration

Tembo Gold has spent more than US$28 million to date on exploration and has a treasure trove of data waiting to be interpreted. To analyze this large data set, Tembo recently entered a collaboration agreement with Goldspot Discoveries Corp, to apply Next-Generation Analytics and Decision Support.

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Why Tembo

Investment Opportunity

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Stock Information

TSX-V: TEM

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About

The Tembo Gold Project

Strategic Location with Highly Prospective Geology & Outstanding Early-Stage & Follow-up Drill Results

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PROJECT AREA

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Metres of Diamond & Reverse Circulation Drilling

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Interest in Project

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Au Intercepts up to

A Transformational Partnership With the World's Top Gold Miner, Barrick Gold Corp.

"This agreement (with Barrick) is a key milestone in the advance of Tembo’s exploration on the Licence Area that the Company has long considered some of the most prospective in the Lake Victoria goldfield, and a very significant confirmation of the oft stated potential for a significant gold discovery on this ground. "

David Scott, President & CEO - TEMBO GOLD CORP. - December 7, 2021
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