Tembo Reports Progress of Work on the Buly Trend Target on the Tembo Project in Tanzania - Seite 2

Artisanal Workings along the Buly Trend
Artisanal workings along the Buly trend and associated sub-parallel northwest trending structures are limited. This may be attributed to a large extent to extensive cover due to deep weathering of altered structural zones and lithologies. A 200m strike-length dormant working is located 700m from the Bulyanhulu Mine boundary along the northwest magnetic lineament and an initial borehole has been drilled beneath these workings. Further to the northwest along the Buly trend and considered to be associated with deformation and mineralization along this trend, is a group of currently extremely active workings, the Ngula 2 target. Material from these workings has been regularly sampled as random grab samples and consistently returned exceptional grades. Best sample results previously reported from the deep shaft workings at Ngula 2: 27.10g/t Au, 30.70g/t Au, 31.35g/t Au, 38.45g/t Au and 35.60g/t Au.

IP Geophysical Survey
Spectral Geophysics has recently completed an IP survey measuring chargeability and resistivity. The survey was designed to probe to depths in excess of 800m, over a grid adjacent to the Bulyanhulu-Tembo boundary. Initial 200m spaced northeast oriented lines identified areas of interest over which the line spacing was closed to 100m to improve the 3-D model resolution.

The IP survey has revealed a weak sub-vertical chargeability anomaly, developed to a depth exceeding 650m along the Reef 1 trend commencing some 1500m from the boundary with the Bulyanhulu mining licence. This anomaly weakens slightly towards the northwest but approximately 400m further in this direction it strengthens significantly, particularly at depth and for 700m to the northwest to the end of the surveyed grid. The geophysical interpretation indicates that the chargeability response is increasing towards the end of the grid and becoming shallower and is open in that direction. The 3-D modeling of the geophysical response has provided the necessary information to plan initial test drill holes.

A second chargeability anomaly is located approximately 500m to the north, extending in depth from -50m to -450m where it becomes weaker. This anomaly extends some 600m along a northwest trend, parallel to the anomaly that is now being drilled.

Drilling along the Buly Trend
Four drill holes were previously drilled at the Ngula 2 workings along the trend in an attempt to intersect the structures being mined by the artisanal miners, but failed to intersect any mineralized structures. Borehole TDD0001 was drilled some 700m northwest of the licence boundary beneath a 200m long shallow artisanal working along the magnetic lineament interpreted to be the extension of the Bulyanhulu Reef 1 contact structure. The borehole intersected a zone of strong shearing from a depth of 62.60m m to 94.80m. The intersection displays a strongly developed foliation and contains abundant quartz-carbonate veining with minor sulphide but only low concentrations of gold. Further structural deformation was noted as a zone of weak to moderate foliation from 94.80m to 177.40m in a strongly magnetic gabbro. The best results were: