CORPORATE PRESENTATION - Q1 2021 TSX-V: TEM FRANKFURT: T23 - www.tembogold.com
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CORPORATE PRESENTATION – Q1 2021
TSX-V: TEM FRANKFURT: T23
w w w . te m b og ol d . com
CAUTIONARY NOTE
This presentation includes certain statements that may be deemed forward-looking. All statements in this presentation, other than statements of historical facts,
that address future production, mineral resource or mineral reserve potential, results of exploration drilling, geological potential and continuity of geological
features, exploitation activities and events or developments that the company expects, are forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance
and actual results or developments may differ materially from those in the forward looking statements. Factors that could cause actual results to differ materially
from those in forward-looking statements include market prices, exploitation and exploration successes, availability of capital and financing, and general
economic, market or business conditions. Investors are cautioned that actual results or developments may differ materially from those projected in the forward-
looking statements.
Additional information with respect to exploration on the Tembo gold property can be found in the technical report entitled "Report on the Tembo Gold Project
(pursuant to National Instrument 43-101 of the Canadian Securities Administrators) Geita District, Mwanza Region, United Republic of Tanzania", effectively dated
October 30, 2011, as revised July 31, 2012 (the "Report.") The Report is available on the company's website and under its SEDAR profile at www.SEDAR.com.
The information contained in this presentation has been prepared under the supervision of David Scott, Pr. Sci. Nat., who is designated as a "Qualified Person" with
the ability and authority to verify the authenticity and validity of the data.
2
TANZANIA – REAWAKENED EXPLORATION INTEREST
“A rehabilitated and re-energized North Mara is ahead of plan in the year to date and Bulyanhulu has resumed underground mining operations and is scheduled to
restart processing of underground ore by the end of 2020 as a long-life underground mine. We are gearing up to potentially make North Mara and Bulyanhulu into a
combined Tier One complex, capable of producing at least 500,000 ounces of gold annually for more than 10 years in the lower half of the industry’s cost profile. We
shall also be looking to expand the life of operations as well as other new Tanzanian opportunities within the Twiga framework.”
Barrick has been awarded 10 new exploration licenses in Tanzania and plans to spend $8 million on exploration there this year.
MARK BRISTOW, BARRICK GOLD, OCTOBER 23, 2020
3WHY INVEST IN TEMBO GOLD CORP?
ESTABLISHED MINING REGION
1 Project located in the Lake Victoria goldfield, host to several multi-million ounce Au deposits
100 % INTEREST
2 Tembo holds 100% of 181km2 licence area adjacent to Barrick's 20Moz Bulyanhulu Mine, pursuing the discovery of
one or more multi-million ounce Au deposits
EXTENSIVE ARTISANAL MINING ACTIVITY
3 Significant historical artisanal mining activity along >13km of linear structures
LEVERAGING STATE-OF-THE-ART MACHINE LEARNING AND AI TECHNOLOGY
4 Multidisciplinary data driven science, artificial intelligence and machine learning by Goldspot to generate and prioritise
targets, optimising outcomes and exploration expenditure
TIGHT CAPITAL STRUCTURE
5 Tightly held capital structure, clean balance sheet and shareholder and management interests closely aligned
HIGH QUALITY MANAGEMENT TEAM
6 Extensive African, Tanzanian and gold exploration and mining experience matched with extensive capital markets experience
4ESTABLISHED
MINING REGION
§ Six modern mining operations
§ Significantly improved infrastructure
§ Strong gold endowment
§ Granite greenstone terrane with well
understood geological parallels worldwide
5100% INTEREST
Tembo is currently pursuing the discovery of one or more multimillion-ounce deposits within the current licence area, immediately
adjacent to Barrick’s Bulyanhulu Mine – A high-grade underground gold mine owned and operated by Barrick Gold Corp.
SIGNIFICANT INITIAL DRILL RESULTS
Depth From Grade Au Length
BH ID
m g/t m
TDD0004 41.00 3.13 35.89
including 4.46 6.00
9.38 6.30
TDD0005 8.50 5.14
TDD0054
including
116.95
58.49
8.17
0.68
11.05 181km 2
TRC0013 19.00 17.23 4.00 PROJECT AREA
and 104.00 13.00 1.00
TRC0423 36.00 10.17 6.00 TEMBO GOLD PROJECT
TDD0041 299.00 22.81 15.00
TDD0071
including
85.25
34.58
9.64
9.70
3.95
50,000+
TANZANIA METRES DRILLED
including 24.72 1.45
TDD0074 370.46 6.55 7.46
TDD0107 43.88 16.58 3.55
and 65.90 27.88 3.00 Intercepts up to
TDD0111
including
53.35 35.14
167.00
2.45
0.50
300g/t Au
62021 – INVESTOR PRESENTATION
Located adjacent to Barrick’s 20Moz Bulyanhulu Mine in the prolific Lake
Victoria Greenstone belt, Tembo’s ~181 km2 property has highly prospective
geology, encouraging earlier exploration with promising drilling results on
multiple targets. Less than 2% of potential gold hosting structure tested by
drilling. No Cu mineralization identified on the Tembo Project.
7NGULA 1 TARGET
MOST DRILL HOLES INTERSECTED
MULTIPLE GOLD BEARING STRUCTURES
§ Extensive east-west trending artisanal
activity including shafts to bedrock
and surface rubble
§ 76 drill holes completed, 41RC, 7,952m
and 35 DD, 7,623m
§ Diamond and RC drilling on 100m
spaced section lines along main
target with limited 50m-spaced in-fill
drill holes
§ Heel-toe RC drilling conducted to test
between primary structures
§ Multiple mineralised structures
intersected down to 200m
8NGULA 1 TARGET DRILLING HIGHLIGHTS
Grade Au Length Depth From Grade Au Length Depth From
BH ID BH ID
g/t m m g/t m m
TDD0004 3.13 35.89 41.00 TRC0001 38.20 1.00 85.00
including 4.46 6.00 TRC0002 2.58 2.00 8.00
and 9.38 6.30 and 2.74 1.00 36.00
TDD0005 8.50 5.14 152.86 and 3.77 1.00 54.00
including 58.49 0.68 TRC0003 3.76 2.00 21.00
TDD0010 3.72 2.50 189.00 and 28.57 3.00 54.00
including 6.44 1.20 and 5.28 4.00 72.00
TDD0012 8.60 0.98 171.92 TRC0006 4.42 1.00 5.00
TDD0041 22.81 15.00 299.00 and 4.41 2.00 207.00
including 34.58 9.70 TRC0008 5.18 1.00 9.00
TDD0049 2.99 2.00 23.00 and 3.75 6.00 35.00
TDD0053 2.86 2.03 266.00 TRC0013 17.23 4.00 19.00
including 5.37 1.47 and 4.22 1.00 87.00
TDD0054 8.17 11.05 116.95 and 13.00 1.00 104.00
and 3.71 2.04 133.00 TRC0014 19.80 1.00 114.00
including 7.00 1.00 TRC0022 2.26 2.00 132.00
and 2.43 3.00 141.00
including 3.19 2.00
TDD0106 5.09 2.77 285.42
2021 – INVESTOR PRESENTATION
including 11.70 0.98
TDD0110 4.22 5.00 195.00
including 6.58 3.00 MOST DRILL HOLES
TDD0125 19.03 0.94 35.16 INTERSECTED MULTIPLE GOLD
and 5.90 1.14 208.00 BEARING STRUCTURES
TDD0133 4.81 0.62 176.38
TDD0146 2.35 1.50 167.90
9NYAKAGWE EAST
MULTIPLE MINERALISED NORTHWEST TRENDING
STRUCTURES TESTED AND INTERSECTED
§ Nyakagwe East is an approximately 300m
wide zone of artisanal mining with numerous
shafts in excess of 20m extending
approximately 600m on a northwest trend.
§ 43 drill holes completed, 20 RC 2,238m, 23 DD
6,924m
§ Drill holes on 100m and 50m spaced lines and
testing to depths up to 250m
§ 100m and 50m spaced drill sections testing
down to 250m
§ Multiple sub-parallel structures to the south
and north
10NYAKAGWE EAST DRILLING HIGHLIGHTS
Grade Au Length Depth From Grade Au Length Depth From
BH ID BH ID
g/t m m g/t m m
TDD0019 2.50 3.85 65.95 TDD0070 2.81 1.41 94.43
Including 4.69 1.67 TDD0070A 4.50 0.35 48.05
TDD0020 2.12 1.00 250.00 and 3.15 0.94 93.24
TDD0021 3.17 0.60 188.60 and 3.19 0.51 98.90
TDD0024 2.13 0.46 297.04 TDD0072 8.44 1.30 99.90
TDD0026 2.83 0.45 221.77 including 25.00 0.42
and 2.83 0.78 223.53 and 2.76 0.30 158.75
TDD0029 2.56 1.47 140.53 TDD0074 6.55 7.46 370.46
and 2.61 0.32 270.47 TDD0077 2.62 1.50 136.00
and 61.80 0.68 277.24 TDD0104 4.72 2.11 66.80
TDD0030 2.62 3.29 48.21
including 4.57 1.61 and 4.49 1.00 296.00
TDD0031 2.59 0.85 45.60 TDD0127 2.94 4.00 117.00
and 4.88 0.30 87.00 and 4.45 0.38 206.42
and 5.28 0.61 263.69 and 2.61 0.54 212.76
TDD0032 9.02 0.22 41.91 and 4.16 0.35 222.20
and 3.19 0.51 291.81 TRC0221 2.42 1.00 83.00
TDD0055 2.00 0.55 140.70 TRC0233 5.66 1.00 84.00
2021 – INVESTOR PRESENTATION
TDD0056 4.42 2.60 130.60 TRC0234 5.46 2.00 110.00
including 10.57 1.00 TRC0347 6.48 2.00 8.00
and 8.56 0.30 210.80 TRC0465 3.25 1.00 42.00
TDD0058 8.75 0.50 3.30 and 2.36 1.00 60.00
6.24 0.50 5.00 TRC0468 2.11 2.00 136.00
11NYAKAGWE VILLAGE
A RECENT HIGH GRADE ARTISANAL DISCOVERY
BENEATH COVER
§ East-west trending magnetic lineaments reflecting
high-grade south dipping mineralised shear zones
with vertical artisanal shafts
§ 26 drill holes completed, 11 RC 1,315m, 15 DD 2,916m
§ 100m and 50m spaced drill section testing to depths
up to 250m
§ Intersecting northeast trending magnetic lineaments
interpreted as secondary structural control
§ Multiple east-west structures
§ The east-west mineralisation potentially extends to
Nyakagwe East to the east
§ Wide mineralisation associated with structural
intersections
12NYAKAGWE VILLAGE DRILLING HIGHLIGHTS
PROMINENT STRUCTURAL CORRESPONDENCE BETWEEN MAGNETIC LINEAMENTS AND MINERALISATION
Grade Au Length Depth From
BH ID
g/t m m
TDD0071 9.64 3.95 88.7
including 24.72 1.45
TDD0101 78.10 1.00 294.00
TDD0102 2.90 0.92 48.08
and 2.31 0.97 263.03
TDD0103 15.10 1.00 54.00
TDD0107 16.58 3.55 43.88
and 27.88 3.00 65.90
TDD0109 2.05 1.65 54.35
and 2.00 1.13 115.55
and 2.39 3.48 121.82
TDD0111 35.14 2.45 53.35
including 167.00 0.50
TDD0112 3.35 5.98 64.12
and 2.94 2.00 72.00
TDD0115 2.41 1.70 33.00
and 2.74 8.50 53.00
2021 – INVESTOR PRESENTATION
and 2.04 9.00 69.00
TDD0128 4.00 0.73 147.12
TDD0137 2.63 1.50 38.00
TRC0552 8.42 3.00 86.00
TRC0554 2.53 1.00 47.00
TRC0562 2.03 1.00 19.00
and 4.61 5.00 82.00
13Q4 2020 TARGET GENERATION AND PRIORITISATION Q4 2020 AND Q1 2021
• GoldSpot study, target generation and results evaluation
• Confirm and prioritise existing and new targets
• Drill programme design and budget estimation
MAIDEN RESOURCE
DEVELOPMENT Q1-Q3 2021 FOLLOW-UP AND FIRST PASS DRILL PROGRAMMES
PRIMARY GOAL BY
• Extend drilling along strike and downdip, follow-up exceptional
intersections, e.g. TDD0041: 22.81g/t Au/15.00m/from 299.00m
END 2021 • Commence drilling on new targets using RAB and progress the
programmes through to RC and DD drilling as results warrant
ORE RESOURCE MODELING – Q4 2021
• Develop wireframe models and commence resource determination as
Q4 2021-Q1 2022 drill results justify
SCOPING STUDY AND PEA PROGRAM - Q4 2021 - Q1 2022
• Complete resource model
• Preliminary mine design
• Metallurgical characterization studies
• Process plant basic design
• Establish optimum production rate
• Estimate Capex & Opex costs
• Develop a PEA financial model
• Identify studies to complete a Pre-Feasibility Study
14SECTION 3
ARTISANAL ACTIVITY,
REMOTE SENSING AND
POTENTIAL METALLURGY
15EXTENSIVE ARTISANAL MINING ACTIVITY
SIGNIFICANT ARTISANAL MINING ACTIVITY FURTHER CONFIRMS GOLD MINERALIZATION. MILLING
AND RECOVERY ON SITE, WITH GRADES RANGING BETWEEN 5 AND 58 g/t GOLD.
§ Over 1,000 artisanal miners operating over tens of active mine shafts
§ Mining to depths generally in excess of 50m and reportedly as deep as 90m
§ Milling and recovery on site, with grades ranging between 5 and 58 g/t gold
§ Historical and current artisanal mining along a combined strike in excess of 10km
along northwest (Bulyanhulu parallel), northeast and east-west trending structures
§ Mineralized rock from artisanal pits consists predominantly of quartz vein and sheared
meta-volcanic host with abundant evidence of sulphide
16LIDAR AND FIELD
MAPPING
§ Digital terrain model (DTM) and high
resolution orthophoto identified
numerous previously unrecorded
areas of artisanal mining
§ Laterally continuous arrays of mining
shafts extend up to 2km in strike and
total >10km
§ The three mined zones strongly
correlate with conjugate structures
reflected in the magnetics
TARGET DEFINITION
§ LIDAR interpretation, soil
geochemistry, airborne magnetics
and historical drilling define
numerous target areas
17PRELIMINARY
METALLURIGICAL TESTING
PRELIMINARY METALLURGICAL TEST WORK INDICATES ~90-95% GOLD RECOVERIES
GOLD DEPORTMENT PROCEDURE
Gravity Separation of the Low grade sample Gravity Separation of the Medium grade sample
100 100
§ Artisanal face samples grouped and composited into low, medium and high-grade 90 90
80 80
70 70
Distribution (%)
60 Mass 60
Mass
§ Amenability to gravity recovery tested by Knelson concentrator 50
40
Gold
50
40
Gold
Sulphur Sulphur
30 30
20 20
10 10
§ Mineralogical characterisation of gold established 0
Grav. Conc Grav. Tails
0
Grav. Conc Grav. Tails
Gravity Separation of the High grade sample
§ Gold exposure and grainsize determined
100
90
§ Diagnostic leach of gravity tails and direct cyanidation of bulk sample
80
70
Distribution (%)
TEST WORK RESULTS 60
Mass
50
Gold
§ Gold is well liberated and well exposed
40
Sulphur
30
§ Direct cyanidation of head samples indicates high gold recoveries for medium (94.7%) 20
and high grade (98.9%) composites but low recovery (87.3%) for low grade composite 10
0
Grav.Conc. Grav. Tails
§ Gravity recovery plus direct cyanidation of gravity tails would be an effective method
to recover the gold
18SECTION 4 STATE-OF-THE-ART MACHINE LEARNING AND AI TECHNOLOGY
STATE-OF-THE-ART MACHINE
LEARNING AND AI TECHNOLOGY
Having spent more than US$25 million to date on exploration, mostly on drilling,
Tembo is sitting on a treasure trove of data waiting to be interpreted. To analyze this
large data set, Tembo recently entered a collaboration agreement with Goldspot
Goldspot will apply the experience and
Discoveries Corp, to apply Next-Generation Analytics and Decision Support. knowledge of a multidisciplinary
geoscientific team as well as artificial
intelligence computing technology to
interpret the Tembo and regional
GoldSpot Discoveries is using machine learning as a very powerful extension of
geological data to generate and
geological brainpower to unlock deep value in exploration and investment data.
The team comprises of subject-matter experts covering geology to data science, prioritize exploration targets within
including 8 Ph.D., 10 M.Sc., and 10 professional designations in Engineering and Tembo's licence area.
Geoscience.
Utilizing data driven science, artificial intelligence and machine learning, Goldspot is
PAST AND CURRENT CLIENTS OF GOLDSPOT DISCOVERIES CORP.
examining our entire database looking for trends to identify areas of potential
mineralization at various depths while seeking to minimize exploration risk and
mitigate exploration and drilling costs.
20NEW TARGET GENERATION
PRELIMINARY MULTI-DISCIPLINARY
STUDIES UNDERWAY
§ All Tembo’s historical data cleaned and digitized
§ Multi-disciplinary team conducting interpretation
§ Machine Learning, Artificial Intelligence software
techniques applied and integrated with
interpretations
§ Geophysical, geochemical, regolith mapping and
drilling data studied
§ Structural model developed to identify trends that
may host mineralization and correlated with other
datasets such as geochemistry
§ Significance of correlations with adjoining Bulyanhulu
Mine mineralization and structure
21STATE-OF-THE-ART MACHINE LEARNING AND AI TECHNOLOGY
STRUCTURAL INTERPRETATION
INTEGRATION OF GEOLOGICAL UNDERSTANDING AND
GEOPHYSICAL INTERPRETATION
§ Earlier interpretations considered as a starting point
and new work aimed at improving overall
interpretation
§ Integration of magnetic interpretation with structural
model to establish a consistent interpretation
§ Current focus on main trends that may host
mineralization
§ Sourcing more regional data to improve
interpretation
22STATE-OF-THE-ART MACHINE LEARNING AND AI TECHNOLOGY
GEOCHEMICAL SIGNATURES
CONSIDERATION OF WHOLE ROCK GEOCHEMISTRY AND
SURFACE EXPRESSION IN RADIOMETRIC SIGNATURE
§ Identification of associated whole rock alteration
signatures with gold mineralization
§ Characteristic mineral assemblages associated with
mineralization (e.g. muscovite saturation index)
§ Clear correlation of alteration, gold mineralization and
structures
§ Extrapolation into areas without data
23STATE-OF-THE-ART MACHINE LEARNING AND AI TECHNOLOGY
MACHINE LEARNING
AND DATA
ANALYTICS
UNSUPERVISED REGOLITH MAPPING AND
BAND RATIOS OF ASTER IMAGES
§ Unsupervised ASTER image cluster analysis
§ AlOH group content
§ ASTER imagery band ratio imagery
§ AiOH group composition and content
§ FeOH group content, Ferric Oxide content
§ Interpretations being developed
24SECTION 5
CAPITAL STRUCTURE AND
INVESTOR SUMMARY
25CURRENT SHARE PRICE 52 WEEK RANGE AVERAGE VOLUME
$0.15 CDN 0.0300 - 0.2950 81,161
TIGHT CAPITAL
STRUCTURE – ALIGNED
FULLY DILUTED
WITH SHAREHOLDERS
ISSUED / OUTSTANDING OPTIONS
79,490,884 6,235,000 85,725,884
TEMBO HAS A TIGHTLY HELD CAPITAL STRUCTURE
AND A CLEAN BALANCE SHEET WITH THE INTERESTS
OF MANAGEMENT ALIGNED WITH SHAREHOLDERS. Options at Exercise Price/Share: $0.15 5,150,000 Options at Exercise Price/Share: $0.20 1,085,000
Date Granted: July 27, 2020 Date Granted: July 27, 2020
Expiry Date: July 27, 2023 Expiry Date: July 27, 2023
RECENT NEWS
OWNERSHIP
TEMBO GOLD ADDS 70km2 ADJOINING BULYANHULU
AND PROVIDES PROSPECTING LICENCE UPDATE
December 3, 2020
MANAGEMENT / INSIDERS
TEMBO GOLD – NGULA 1 TARGET UPDATE
September 17, 2020 70% RETAIL
TEMBO GOLD – TANZANIA COUNTRY UPDATE 30%
September 3, 2020
TEMBO GOLD TECHNICAL COLLABORATION AGREEMENT
August 20, 2020
TSX-V: TEM FRANKFURT: T23 26INVESTMENT SUMMARY
HIGHLY PROSPECTIVE GOLD ASSET
Located adjacent to Acacia Mining's 20Moz Bulyanhulu Mine in the prolific Lake Victoria Greenstone belt, the ~181km2 property has highly prospective
geology, encouraging earlier exploration with promising drilling results on multiple targets. Less than 2% of potential gold hosting structure tested by
drilling. No Cu mineralization identified on the Tembo Project.
HIGH QUALITY MANAGEMENT TEAM
Over 40 years of African exploration and mining experience with 22 years in Tanzania
EXTENSIVE ARTISANAL ACTIVITY
Over 1,000 artisanal workers, mining from tens of shafts some to depths in excess of 50m along a >10km strike, extracting high grade 5 to 58 g/t gold
material
SIGNIFICANT INITIAL DRILL RESULTS
Best intercepts include TDD0041: 22.81g/t Au over 15.00m from 299.00m including 34.78g/t Au over 9.70m from 302.30m; TDD0004: TDD0004: 4.46
g/t gold over 2.60 and 9.38 g/t gold over 6.30m; TDD0005: 10.76 g/t gold over 4.00m, including 93.3 g/t gold over 0.38m and; TRC0013: 16.10 g/t gold
over 3.00m and 4.01 g/t gold over 3.00m, TRC0423: 10.17g/t gold over 6m from 36.0m including 19.1g/t gold over 3m, with over 1,500m of mineralized
strike identified in two project areas
27SECTION 6 A HIGHLY QUALIFIED MANAGEMENT AND ADVISORY TEAM
HIGH QUALITY MANAGEMENT TEAM
A STRONG TEAM OF LEADERS WITH YEARS OF FIRSTHAND EXTENSIVE EXPERIENCE
DAVID SCOTT - PRESIDENT, CEO AND DIRECTOR
o Former Technical Services Manager for Barrick Gold’s Bulyanhulu Mine, Tembo Project’s immediate neighbour
o Over 40 years of African exploration and mining experience with 22 years in Tanzania
o Extensive knowledge of Tanzanian geology including direct experience at Bulyanhulu
o Holds a BSc, Geology from the University of the Witwatersrand as well an M.Sc., and is a registered Professional Natural Scientist (Pr. Sci. Nat.) and Fellow of the Geological Society of South Africa
SIMON BENSTEAD - CFO, VP BUSINESS DEVELOPMENT AND DIRECTOR
o 20 years senior management experience in capital markets, formerly with Merrill Lynch as Vice President Institutional Equity Trading, and BMO Capital Markets as Managing Director Institutional
Trading focused on resources
o Significant and long-term supportive shareholder of Tembo; holds a BA in Commerce from The University of Western Ontario
MARC CERNOVITCH - DIRECTOR FRANK HOEGEL - DIRECTOR PAUL MAGEGE - COUNTRY MANAGER
o Studied Economics at McGill University. Marc has focused on corporate o Currently serves as Chief Executive Officer of Peter o A founding shareholder with strong local
development, funding and building companies primarily in the resource Beck Performance Fonds GbR, and advisory board community and government relationships
and energy technology fields of Concept Capital Management, an Asset and a skilled administrator.
o 14 years of experience providing capital markets advisory services to Management Company
companies across both public & private sectors. Strong background in o Master of Business Administration (FH) with a focus
corporate governance and finance on Financial Management, Banking and
o Served as a director and advisor to numerous small and mid-cap companies International Business & Management from the
contemplating and/or executing financing and M&A transactions. University of Nürtingen, Germany.
29HIGH QUALITY TECHNICAL TEAM
TEMBO PROJECT EXPERIENCED TEAM MEMBERS
JOHAN KRYNAUW – GEOLOGICAL ADVISOR ALAN GOLDSMITH - GEOLOGICAL, GIS AND DATABASE ADVISOR
o Geologist with 40 years of experience o Exploration career commenced in 1991 in the Barberton Greenstone Belt conducting
brownfields gold exploration with Anglovaal Limited
o Formerly head of South African National Antarctic Earth Sciences Programme and
Associate Professor of the University of Natal o Further four years spent conducting base metal and gold exploration in southern Africa
o After 1997 Johan worked at JCI and for The Mineral Corporation as Senior Geological o Three years spent in Anglovaal’s head office conducting desktop studies, including
Advisor developing conceptual models, undertaking project reviews in base and precious metal
projects encompassing diverse geological terranes in Africa
o Currently an independent geological and advisory consultant
o Designed, implemented and managed a Geographical Information System for Anglovaal’s
o Fellow and Past President of the GSSA, and a Fellow of the Society of Economic Geologists geological department and remote regional offices
o Focussed on project management, exploration planning and execution, preliminary o Since leaving the restructured Anglovaal in 2001, has run his own business Spatial Data
assessment of projects and programmes, and mineral exploration, in mainly gold, PGEs, Technologies, before joining The Mineral Corporation as a specialist geologist and GIS
chrome and base metals analyst, during which he was a member of the Tembo Gold startup team in 2011 and early
2012
o Key member of the Tembo exploration team during the startup in 2011 and early 2012
o Currently an independent consultant providing exploration services in strategic planning,
agreement negotiation, conceptual studies and modeling, geologic terrane knowledge
development, target generation, desktop studies, GIS database management, data
modeling and exploration management
30CANADA
Suite 1305, 1090 West Georgia Street
Vancouver, BC,
V6E 3V7 Canada
Tel: 604-685-9316
TANZANIA
Plot 1099 31 Merarani Rd, Masaki
Dar es Salaam, Tanzania
MOB: 255 767 366 146
INVESTOR RELATIONS
Tel: 604-685-9316
investors@tembogold.com
w w w . te m b og ol d . com
31APPENDIX
32BARRICK’S
BULYANHULU
GOLD MINE
A high-grade underground gold
mine owned and operated by Barrick
Gold Corp.
TOTAL RESERVE AND RESOURCE OF
MORE THAN: 10Moz
MINED TO DATE
AT BULYANHULU: ~5MOZ Au
MORE INFORMATION HERE: https://www.barrick.com/English/operations/bulyanhulu/default.aspxBULYANHULU GEOLOGY MINERALISED REEFS ALONG STEEPLY DIPPING NORTHWEST STRIKING STRUCTURES § A 20 million ounce narrow-vein shear hosted gold deposit with silver and copper mineralization § Shear zone situated within a narrow argillite unit at a contact within a volcanic sequence § Sulphide mineralization primarily pyrite and chalcopyrite in smokey quartz veins and sheared argillite § Volcanic sequence consists of mafic to intermediate meta-volcanic flows overlain by felsic pyroclastic ash tuffs § The zone strikes approximately 310 degrees and dips steeply to the northeast
BULYANHULU LONG SECTION
REEF 2 CONTINUES TO TEMBO PROJECT BOUNDARY
TEMBO PROJECT BOUNDARY ~2KM TO THE NORTHWEST African Barrick Gold Preliminary Results 2013 Presentation
2KM
35TEMBO ENGAGES
WITH THE
COMMUNITY
Since inception of the project Tembo
has been committed to stakeholder
engagement and becoming a
valued member of the community
Solid early groundwork was
conducted to identify community
risks and needs
Considerable scope identified to
improve the social-economic status
of the surrounding villages and
positively impact the natural
environment
A systematic and documented
approach to HSEC matters has been
adopted
Approach aligns with international
best practice, the Equator Principles
and the IFC Performance Standards
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