Tembo Announces Final Closing of Non-Brokered Private Placement, and Commencement of the 2014 Drilling Program - Seite 2

NGULA 1
The current drill program commenced shortly before the December holiday shutdown. The first diamond drill rig was mobilized to Ngula 1 and the last drill hole drilled in the 2012 campaign (TDD0041) was deepened to complete the section through the target zone. Following the holiday break two diamond drill rigs were mobilized at two new Ngula 1 deep targets. These holes have been completed and the company is awaiting assay results. A review of the awaited data, along with drill results to date, will be used to evaluate and plan a follow-up drill program at Ngula 1.

The Ngula 1 target consists of a 150-200m wide package of massive and sheared mafic meta-volcanic rocks bounded to the north and south by thin meta-sedimentary units. Within the package there are a number of weak to strong sub-parallel, near vertical, east-west striking shear structures. These invariably host gold elevated gold values in association with quartz veining, alteration and sulfides, dominated by pyrrhotite with lesser pyrite and chalcopyrite. These east-west structures are highly variable in thickness. Northwest and northeast trending shear zones are interpreted from magnetic features and artisanal workings and the intersection of these with the east-west structures, may control the development of thicker and higher-grade zones of deformation, alteration and mineralization.
The wide spacing of the drilling at this stage precludes direct structural correlation between borehole sections but some continuity of the zones has been demonstrated up dip through boreholes to the surface artisanal workings. The best results of this earlier campaign at Ngula 1 include:

2012 Drill Results

• TDD0004: 3.13 g/t Au over 25.89m from 41.00m including 8.87 g/t Au over 3.89m;
• TDD0005: 8.50 g/t Au over 5.14m from 152.86m, including 93.3 g/t Au over 0.38m;
• TRC0013: 17.23g/t Au over 4.00m from 19.00m, including 48.8g/t Au over 1.00m, and 13.00g/t Au over 1.00m from 104m;
• TRC0014: 19.80g/t Au over 1.00m from 114.00m and 10.00g/t over 1.00m from 122.00m;
• TDD0054: 8.17g/t over 11.05m from 116.95m; and
• TDD0041: 22.81g/t Au over 15.00m from 299.00m including 34.78g/t Au over 9.70m.

NYAKAGWE EAST