Tembo Gold Corp.

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With the Support of New Strategic Partner Taifa Group, Tembo to Change Name and Reposition for Growth and Consolidation in Tanzania

Vancouver, British Columbia – November 30, 2023 – Tembo Gold Corp. (TSXV: TEM) (“Tembo” or the “Company”) announces its plans for a new corporate identity and strategy. Further to its news releases dated August 10th & 29th, 2023 regarding the acquisition of the Imwelo & Dora Gold Projects (the “Projects”) with combined historical resources of over 800,000 ounces and the C$11,520,000 financing with Taifa Group (“Taifa”), now is the right time to amend our corporate identity to better represent the Company’s new goals and strategy of quickly evolving into a vehicle for growth and consolidation in the Lake Victoria Greenstone Belt.

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Tembo Reports the Progress of Barrick’s Exploration Program on Licenses Acquired from Tembo Gold

November 16, 2023, Vancouver, BC – Tembo Gold Corp. (TSX-V: TEM; FSE:T23) (“Tembo” or the “Company”) is pleased to report that Bulyanhulu Gold Mine Limited (“Buly”), a subsidiary of Barrick Gold Corporation (“Barrick”), has provided the Company with a report on work completed on the six non-core licenses sold to Buly through the Asset Purchase Agreement (APA) signed on December 7, 2021

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Tembo Gold Announces Acquisition of Property Adjacent to Recently Announced Imwelo Property

Vancouver, British Columbia – Tembo Gold Corp. (TSXV: TEM) (“Tembo”, or the “Company”) – is pleased to announce that its subsidiary Tembo Gold Tanzania Limited (the “Subsidiary”) has entered into a License Purchase Agreement dated August 28th, 2023 (the “Agreement”) with an arm’s length private Tanzanian Citizen, pursuant to which the Subsidiary will acquire (the “Acquisition”) the Dora Gold Project (the “Project”) in Tanzania.

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Tembo Gold Announces Transformative Acquisition and Landmark Investment from Tanzanian Strategic Investor

Vancouver, British Columbia – Tembo Gold Corp. (TSXV: TEM) (“Tembo”, or the “Company”) is pleased to announce that it has entered into a Licences Purchase Agreement dated August 9th, 2023 (the “Agreement”) with Lake Victoria Gold Ltd. (“LVG”), a private Australian company, pursuant to which the Company will acquire (the “Acquisition”), indirectly through its wholly-owned subsidiary Tembo Gold Tanzania Limited, LVG’s Imwelo Gold Project (the “Project”) in Tanzania. Tembo has also entered into a binding letter of intent dated August 8th, 2023 for a C$11,520,000 financing with Taifa Mining and Civils Limited (“Taifa”), a prominent Tanzanian mining contracting firm.

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Tembo to Generate Maiden Resource Estimate

Vancouver, British Columbia – May 25, 2023 – Tembo Gold Corp. (TSXV: TEM) (FSE: T23A) (OTCQB: TBGPF) (“Tembo” or the “Company”) – David Scott, President & CEO, is pleased to announce that the Company has initiated a maiden resource estimate on its Tembo property, and provides an update on the Company’s strategy for its Tembo project in 2023, focusing initially on resource evaluation and new target testing.

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Tembo Reports New Discovery Along the Bulyanhulu Trend

January 19, 2023, Vancouver, BC – Tembo Gold Corp. (TSX-V: TEM; TBGPF: OTCBB; FSE:T23) (“Tembo” or the “Company”) reports that on the Company’s Tembo Project in the Lake Victoria goldfield in Tanzania, a significant new artisanal working has commenced along strike of the neighbouring Bulyanhulu Mine of Barrick Gold. This is an entirely new location for artisanal activity. Grab samples that were retrieved from these artisanal workings at the location, termed Mwasabuka, have returned excellent grades.

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Tembo Reports the Commencement and Progress of Barrick’s Exploration Program on Licences Recently Acquired From Tembo

November 10, 2022, Vancouver, British Columbia – Tembo Gold Corp. (TSX-V: TEM; FSE:T23) (“Tembo” or the “Company”) is pleased to report that Bulyanhulu Gold Mine Limited (“Buly“), a subsidiary of Barrick Gold Corporation (“Barrick”), has provided the Company with the first Quarterly Report on work carried out on the licenses which Tembo recently sold to Buly.

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Tembo Announces the First Results of the 2022 Diamond Drilling Programme – Including 12.96g/t Gold over 5.54 meters

Vancouver, British Columbia – November 3, 2022 – Tembo Gold Corp. (TSXV: TEM) (FSE: T23A) (“Tembo” or the “Company”) is pleased to announce the first results of the 2022 diamond drilling campaign on the Company’s Tembo Project in Tanzania. The Company has designed a 7,000m programme of drilling of which approximately 5,500m is expected to be completed before the drillers break commences in December.

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Tembo Gold Provides Update On Financing

Vancouver, British Columbia — June 29, 2022 – Tembo Gold Corp. (TSXV: TEM) (“Tembo”, or the “Company”) announces that it has completed a first tranche closing of its non-brokered private placement financing (the “Private Placement”) announced on April 27, 2022 by issuing 740,000 common shares (each, a “Share”) of the Company, at a price of CDN$0.27 per

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Tembo Gold Announces Completion of Sale of Non-Core Licences to Barrick Gold and Strategic Equity Investment

Vancouver, April 22, 2022 – Tembo Gold Corp. (TSXV: TEM) (“Tembo” or the “Company”) is pleased to announce that it has completed its previously announced sale of certain non-core prospecting licenses in Tanzania (the “Licenses”) with Barrick Gold Corporation (TSE: ABX; NYSE: GOLD) (“Barrick”) and Bulyanhulu Gold Mine Limited (“Buly”), a subsidiary of Barrick

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Tembo Gold Corp Provides Update on Agreement with Barrick Gold for Sale of Non-Core Licences and Equity Investment

Vancouver, April 8th, 2022 – Tembo Gold Corp. (TSXV: TEM) (“Tembo” or the “Company”) is pleased to provide this update to its news release dated December 7th 2021 regarding the sale of non-core licenses to, and an equity placement by, Barrick Gold Corporation’s (“Barrick”) Tanzanian subsidiary, Bulyanhulu Gold Mine Limited (“Bulyanhulu”).

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Tembo Gold Enters Agreement With Barrick Gold for Sale of Non-Core Licences and Equity Investment

Vancouver, December 7th, 2021 – Tembo Gold Corp. (TSXV: TEM) (“Tembo” or the “Company”) is pleased to announce that it has entered into a binding agreement with Barrick Gold Corporation (TSE: ABX; NYSE: GOLD) (“Barrick”), Bulyanhulu Gold Mine Limited (“Buly”), a subsidiary of Barrick, and Mineral Industry Promotion and Consulting Company Limited (“MIPCCL”), a wholly-owned subsidiary of the Company, dated December 7th, 2021 (the “Purchase Agreement”) in respect of the sale of certain non-core prospecting licenses.

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