NEWS RELEASES

2022

Tembo Reports the Commencement and Progress of Barrick’s Exploration Program on Licences Recently Acquired From Tembo

November 10, 2022, Vancouver, British Columbia – Tembo Gold Corp. (TSX-V: TEM; FSE:T23) (“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.

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

Vancouver, British Columbia – 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.

Tembo Gold Closes Financing

Vancouver, British Columbia — 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.

Tembo Gold Provides Update On Financing

Vancouver, British Columbia — 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

Tembo Retains Investor Relations Firm

Vancouver, British Columbia — 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

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

Vancouver, 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 (TSE: ABX; NYSE: GOLD) (“Barrick”) and Bulyanhulu Gold Mine Limited (“Buly”), a subsidiary of Barrick

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

Vancouver, April 8th, 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”).

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

Vancouver, February 10th, 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”).

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