Tembo Gold Corp. is pleased to announce the appointment of Hendrik Meiring as Exploration Project Manager of the Company's Tembo Project in northern Tanzania. Hendrik brings with him a wealth of African experience including five years as mine geologist and two years conducting near mine exploration at Barrick's neighbouring Bulyanhulu Mine [...]
Tembo Gold Corp. announces the closing of the second and final tranche of its non-brokered private placement financing announced on April 27, 2022. The Company has issued in aggregate 1,085,000 common shares of the Company, at a price of CDN$0.27 per Share for gross proceeds of $292,950. The proceeds will be used for general working capital. All [...]
Tembo Gold Corp. is pleased to report that nearly 2,000m of diamond drilling had been completed at the Company's Tembo Project in the Lake Victoria goldfield in Tanzania. The initial drill holes have been focused at previous good intersections at Ngula 1 and Nyakagwe Village. The first batch of samples is currently at the SGS laboratory in the [...]
Tembo Gold Corp. announces that it has completed a first tranche closing of its non-brokered private placement financing announced on April 27, 2022 by issuing 740,000 common shares of the Company, at a price of CDN$0.27 per Share for gross proceeds of $199,800. The proceeds will be used for general working capital and project related costs. All [...]
Tembo Gold Corp. is pleased to announce that the first drilling of the 2022 program, at the Tembo project in the Lake Victoria goldfield in Tanzania, has commenced at the Ngula 1 target. Highlights Diamond drilling has commenced at Ngula 1 where 4 drill holes comprising 970 m have been planned in this initial phase. Targeting previous good gold [...]
Tembo Gold Corp. announces that it has retained Adelaide Capital Markets Inc. , an Ontario-based corporation, to provide digital marketing services to the Company for an initial term of six months effective June 1, 2022. The Company has agreed to pay Adelaide a total of $24,000 in six equal instalments of $4,000 commencing on June 1st 2022. The [...]
Tembo Gold Corp. is pleased to announce that the first drilling of the 2022 program, at the Tembo project in the Lake Victoria goldfield in Tanzania, will commence during the first week of May. Highlights Diamond drilling to commence in early May Drill rig has been mobilized and is on site Targeting previous good results, the drill holes are aimed [...]
The wait is over: the deal between Barrick Gold Corp. and Tembo Gold Corp. is now official. For $6 million, Bulyanhulu Gold Mine Limited is acquiring from Tembo six licenses near Barrick's world-renowned Bulyanhulu Mine. Concurrently, Buly is acquiring 5,518,764 common shares of Tembo in a private placement at a price of C$0.27 per common share [...]
Tembo Gold Corp. is pleased to announce that it has completed its previously announced sale of certain non-core prospecting licenses in Tanzania with Barrick Gold Corp. and Bulyanhulu Gold Mine Limited , a subsidiary of Barrick , in consideration for: US$6,000,000; contingent payments to be based on the inferred, indicated and measured gold mineral [...]
Tembo Gold Corp. is pleased to announces that it has retained Global Financial Network Ltd. to provide investor relations and communication services. GFN is led by James West the founder and CEO of Midas Letter Financial Group Ltd., a Canadian investment and media enterprise that uses its financial media platform as a discovery investment tool for [...]
Tembo Gold Corp. 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 Corp.'s Tanzanian subsidiary, Bulyanhulu Gold Mine Limited. The Company is in the final process of obtaining the required regulatory approvals in Tanzania as more [...]
Tembo Gold Corp. 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 Corp.'s Tanzanian subsidiary, Bulyanhulu Gold Mine Limited . The Company is in the process of obtaining the required regulatory approvals in Tanzania as more [...]