Tembo Gold is pleased to provide an update on the recently announced License Purchase Agreement of the Dora project. The Company is pleased to report that it has satisfied its obligations regarding payment terms of the purchase agreement, and the process of transferring the license has commenced. The Company expects the transfer to be completed during Q1 2024. The potential future resource growth within both the Imwelo [...]
Tembo Gold announces that pursuant to the equity incentive plan adopted by the Company in June 2022, the Company has granted 9,600,000 restricted share units to its directors, officers and employees. The RSUs vest four months from the grant date. On Behalf of the Board of Directors of Tembo, Simon Benstead Executive Chairman & CFO Phone: +1 604-685-9316 Email: sbenstead@tembogold.com For more information please contact [...]
Tembo Gold Corp. 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 with combined historical resources of over 800,000 oz and the C$11,520,000 financing with Taifa Group, now is the right time to amend our corporate identity to better represent the Company's new goals and strategy of quickly [...]
Tembo Gold Corp. is pleased to report that Bulyanhulu Gold Mine Limited, a subsidiary of Barrick Gold Corp., has provided the Company with a report on work completed on the six non-core licenses sold to Buly through the Asset Purchase Agreement signed on December 7, 2021 between Mineral Industry Promotion and Consulting Company Limited a Tembo Gold Corp subsidiary), Tembo Gold Corp, Bulyanhulu Gold Mine Limited, and [...]
Tembo Gold is pleased to provide this update to its news release dated August 10th, 2023 regarding the acquisition of the Imwelo Gold Project in Tanzania, and the C$11,520,000 financing with Taifa Group. The Company continues to work to obtain the required regulatory approvals in Tanzania to complete the acquisition of the Imwelo property. The Company continues to work to close the first tranche of the equity private [...]
Tembo Gold Corp. is pleased to provide this update to its news release dated August 10th, 2023 regarding the acquisition of the Imwelo Gold Project in Tanzania, and the C$11,520,000 financing with Taifa Group. The Company has received conditional approval from the TSXV and is in the process of obtaining the required regulatory approvals in Tanzania, in order to complete the acquisition of the Imwelo property. Further [...]
Tembo Gold Corp. - is pleased to announce that its subsidiary Tembo Gold Tanzania Limited has entered into a License Purchase Agreement dated August 28th, 2023 with an arm's length private Tanzanian Citizen, pursuant to which the Subsidiary will acquire the Dora Gold Project in Tanzania. The Project The Project borders the Imwelo Mining License to the west, east and south. The Company announced the proposed acquisition of [...]
Tembo Gold Corp. is pleased to announce that it has entered into a Licences Purchase Agreement dated August 9th, 2023 with Lake Victoria Gold Ltd. , a private Australian company, pursuant to which the Company will acquire , indirectly through its wholly-owned subsidiary Tembo Gold Tanzania Limited, LVG's Imwelo Gold Project in Tanzania. Tembo has also entered into a binding letter of intent dated August 8th, 2023 for a [...]
VANCOUVER, BC, Aug. 2, 2023 /CNW/ - The following issues have been halted by CIRO Company: Tembo Gold Corp. TSX-Venture Symbol: TEM All Issues: Yes Reason: Pending News Halt Time : 12:32 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which [...]
Tembo Gold Corp. - 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. Highlights Three targets, Ngula 1, Nyakagwe Village and Nyakagwe East, have returned a significant number of both high-grade [...]
Tembo Gold Corp. reports a further new artisanal working on the Company's Tembo Project in the Lake Victoria goldfield in Tanzania. This artisanal activity is located on the interpreted western extension of the Buly structural zone that hosts numerous mineralized shear structures at Bulyanhulu Mine including Reef 0, 1 and 2 orebodies, and the recently announced Mwasabuka artisanal working . Recent grab samples collected [...]
Tembo Gold Corp. is pleased to announce the final results of the recent diamond drilling campaign on the Company's Tembo Project in Tanzania. The drilling at Nyakagwe Village has confirmed a 200m wide south dipping zone containing at least five to seven gold bearing structures and extended the strike of this zone by 300m to the southeast. The drill results have provided confidence in the structural attitude of the [...]