Vancouver, BC - (MetalsNews, September 12, 2012) - Tembo Gold Corp. (TSX-V: TEM) (FSE: T23) (OTCQX: TBGPF ) ("Tembo" or "the Company") is pleased to report results from the ongoing 2012 drill program on the Tembo Property in the Lake Victoria goldfield of Tanzania. The new discovery holes at the Nyakagwe Village target were drilled in the phase 1 drilling program on the Tembo property, and have returned these excellent early drill results . With these intersections Tembo has now encountered significant gold mineralization in the initial drilling at all of the first four targets it has drilled (Figure 1). These drill holes demonstrated multiples zones of high grade mineralization near surface and at depth.
- New discovery holes confirm significant high-grade gold mineralization at 4th target area on the Tembo project.
- TDD0107: 3.55m of 16.58 g/t of gold and 3m of 27.88 g/t of gold from 44m to 69m
- TDD0101: 1m of 78.1 g/t of gold from 294m to 295m
- Drill holes demonstrate high grades near surface and at depth where it is anticipated to increase in grade and continuity
- Artisanal grab samples returned grades ranging from 3 to 58 g/t of gold
- 100% of diamond holes drilled encounter gold mineralization greater than 0.5g/t gold
David Scott President & CEO stated, "We are particularly pleased with these exceptional drill results as they have demonstrated multiple zones of high grade mineralization near surface as well as high grade mineralization at depth almost 300m down hole. The robust nature of the veins and mineralization encountered in TDD0107 is very encouraging. We continue to believe that the mineralization will increase in grade and consistency at depth as was experienced at Bulyanhulu. All of our diamond drill holes at Nyakagwe village encountered gold mineralization, and we have now confirmed significant gold mineralization at all four of our initial targets. We have had great success targeting magnetic structures coincident with artisanal workings and we will continue to test our high grade targets at depth and along strike to better understand the extent of the gold mineralization."
To view the entire news release, please click here.