Lake Victoria Gold Ltd.

Recent News

Tembo Reports the Commencement and Progress of Barrick's Exploration Program on Licences Recently Acquired from Tembo

Vancouver, British Columbia--(Newsfile Corp. - November 10, 2022) - Tembo Gold Corp. (TSXV: TEM) (FSE: T23A) ("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. This follows the sale by Tembo of six non-core licenses to Buly through the Asset Purchase Agreement (APA) signed...

2022-11-10 7:00 AM EST

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

Vancouver, British Columbia--(Newsfile Corp. - 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. Significant gold intersections have been achieved and structural...

2022-11-03 7:00 AM EDT

Tembo Gold Appoints Ex-Bulyanhulu Mine and Exploration Geologist as Exploration Manager

Vancouver, British Columbia--(Newsfile Corp. - October 6, 2022) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") 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. Highlights Hendrik has a thorough knowledge of...

2022-10-06 7:00 AM EDT

Tembo Gold Closes Financing

Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Tembo Gold Corp. (TSXV: TEM) ("Tembo", or the "Company") announces the closing of the second and final tranche of its non-brokered private placement financing (the "Private Placement") announced on April 27, 2022. The Company has issued in aggregate 1,085,000 common shares (each, a "Share") 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....

2022-09-13 5:21 PM EDT

Tembo Reports the Progress of the 2022 Diamond Drilling Programme

Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Tembo Gold Corp. (TSXV: TEM) (FSE: T23) ("Tembo" or the "Company") 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 nearby town of Mwanza for...

2022-09-13 7:00 AM EDT

Tembo Gold Provides Update On Financing

Vancouver, British Columbia--(Newsfile Corp. - 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 Share for gross proceeds of $199,800. The proceeds will be used for general working capital and project related costs. All...

2022-06-29 5:57 PM EDT

Tembo Reports the Commencement of the Initial Phase of the 2022 Diamond Drilling Program at Ngula 1

Vancouver, British Columbia--(Newsfile Corp. - June 13, 2022) - Tembo Gold Corp. (TSXV: TEM) ("Tembo", or the "Company") 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 analytical results, the drill holes are aimed...

2022-06-13 7:00 AM EDT

Tembo Retains Investor Relations Firm

Vancouver, British Columbia--(Newsfile Corp. - May 19, 2022) - Tembo Gold Corp. (TSXV: TEM) ("Tembo", or the "Company") announces that it has retained Adelaide Capital Markets Inc. ("Adelaide"), 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 Company has also granted 125,000...

2022-05-19 5:50 PM EDT

Tembo Reports the Commencement of the First Phase of the 2022 Diamond Drilling Programme

Vancouver, British Columbia--(Newsfile Corp. - April 27, 2022) - Tembo Gold Corp. (TSXV: TEM) ("Tembo", or the "Company") - 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 to define structural controls to enable...

2022-04-27 7:00 AM EDT

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

Vancouver, British Columbia--(Newsfile Corp. - 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 ("Barrick") and Bulyanhulu Gold Mine Limited ("Buly"), a subsidiary of Barrick (the "Transaction"), in consideration for: (i) US$6,000,000; (ii) contingent payments to be based on the inferred,...

2022-04-22 7:00 AM EDT

Tembo Engages Global Financial Network Ltd.

Vancouver, British Columbia--(Newsfile Corp. - April 14, 2022) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") is pleased to announces that it has retained Global Financial Network Ltd. ("GFN") 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 its subscribers, viewers, partners...

2022-04-14 5:15 PM EDT

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

Vancouver, British Columbia--(Newsfile Corp. - April 8, 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"). The Company is in the final process of obtaining the required regulatory approvals in Tanzania as more particularly set...

2022-04-08 7:00 AM EDT

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

Vancouver, British Columbia--(Newsfile Corp. - February 10, 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"). The Company is in the process of obtaining the required regulatory approvals in Tanzania as more particularly set...

2022-02-10 7:00 AM EST

Tembo Gold Finalizing Remobilisation Activities for an Expanded Drill Campaign

Vancouver, British Columbia--(Newsfile Corp. - February 8, 2022) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") is pleased to advise that pending final approval from the Tanzanian Mining Commission a drill contractor has been selected to commence a drill program. Refurbishment work is ongoing at Company's camp facility and will be completed prior to mobilisation in February. Initial drill hole planning is well underway on the priority target Ngula 1, and further holes will be...

2022-02-08 7:00 AM EST

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

Vancouver, British Columbia--(Newsfile Corp. - December 7, 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...

2021-12-07 1:30 PM EST

Tembo Gold Progresses Remobilisation Activities

Vancouver, British Columbia--(Newsfile Corp. - October 28, 2021) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") is pleased to advise that preparations to commence the next phase of exploration drilling are progressing with the retention of the services of country and administrative manager, Paul Magege, the establishment of a new registered office in Dar es Salaam, submission to the Mining Commission of the advice that a drilling contract is to be awarded, and the commencement of...

2021-10-28 7:00 AM EDT

Tembo Gold Appoints Exploration Manager

Vancouver, British Columbia--(Newsfile Corp. - October 21, 2021) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") is pleased to announce the appointment of Andrew Pedley as Exploration Project Manager of the Company's Tembo Project in northern Tanzania, in anticipation of the commencement of preparations at site and drill rig mobilisation to test highest priority targets. Highlights Andrew is a highly knowledgeable and experienced exploration geologist with 15 years experience...

2021-10-21 7:00 AM EDT

Tembo Gold Corporate Update

Vancouver, British Columbia--(Newsfile Corp. - September 9, 2021) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") is pleased to provide this update on recent activities and the status of the Company, highlighting the planned imminent restart of exploration activities at its Tembo Gold Project in the highly prolific Lake Victoria Goldfield in northern Tanzania. Highlights Restarting Exploration - After a care and maintenance period of seven years, Tembo Gold is about to relaunch its...

2021-09-09 12:15 AM EDT

Tembo Gold Grants Stock Options

Vancouver, British Columbia--(Newsfile Corp. - September 1, 2021) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") announces the granting of stock options to directors and advisors for the purchase of up to 1,372,000 common shares, at an exercise price of $0.185 per share, for a period of three years. About Tembo Gold Corp. Tembo is a Canadian publicly listed mineral exploration company with a 100% interest in the Tembo Gold Project which is located adjacent to African Barrick's...

2021-09-01 5:08 PM EDT

Tembo Announces Second and Final Closing of Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - August 25, 2021) - Tembo Gold Corp. (TSXV: TEM) ("Tembo" or the "Company") announces that further to its news releases dated June 23rd, 2021 and August 3rd, 2021, the Company has completed the second and final closing of its non-brokered private placement financing (the "Financing") by issuing an additional 706,666 common shares (the "Shares") of the Company, at a price of $0.15 per Share. The Company has issued a total of 14,810,031 Shares...

2021-08-25 6:03 PM EDT

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