[Marinir] {Disarmed} Tembo Gold Drills 16.10 g/t Gold Over 3.00 Meters & 3.13 g/t Gold over 25.89 Meters

[Infostock]

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TEMBO GOLD REPORTS 16.10 G/T AU OVER 3.00 METERS AND 3.13 G/T GOLD OVER 
25.89 METERS FROM TEMBO PROJECT, TANZANIA 

Tembo Gold Corp. (TSX Venture Exchange: TEM 

http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=TEM&region=C&lookup=symbol&snapshot=default 

) is pleased to announce the first assay results from its initial 
drilling at the Tembo Project in the Lake Victoria goldfield of 
Tanzania. Drilling at the first target consisted of 12 drill-holes, 6 
reverse circulation (RC) and 6 diamond drilling (DD) on alternate 
section lines 100m apart along a 500m strike length. The goal of the 
drill program was to test for multiple mineralized structures at 50 and 
100m depths beneath artisanal workings. 

To date assay results from 7 holes (3 reverse circulation and 4 diamond 
drill), have been received and are reported below, assays for the 
remaining 5 holes are pending and will be reported on as soon as they 
become available. 

Highlights Include: 

TDD0004: 3.13g/t Au over 25.89m including 8.87g/t Au over 3.89m; 

TDD0005: 10.76g/t Au over 4.00m, including 93.3 g/t Au over 0.38m and; 

TRC0013 16.10g/t Au over 3.00m and 4.01g/t Au over 3.00m. 

Tembo Gold President & CEO, David Scott stated, "We are very excited by 
these initial drill results as they reinforce our strategy of targeting 
magnetic lineaments which have significant artisanal activity at 
surface. These early drill results were beyond our expectations and 
dramatically illustrate and confirm the potential for widespread high 
grade gold mineralization throughout the Tembo project area. Given these 
very positive results, follow up deeper drilling is being planned to 
target mineralization at 100m depth intervals down to 500m on this 
target. We are also pleased to report that 4 additional drill rigs have 
been ordered and are en route to site." 

Drill Program 

The initial drilling targeted a southern dominant east-west structure at 
50m and 100m depths, with all holes being extended to between 200m and 
300m in order to intersect a second east-west structure and test for 
potential deeper structures. All drill holes were drilled at -60° 
inclination to the north as initial interpretation of artisanal workings 
suggested that mineralization dips steeply to the south. 

At this locality drilling core structural analysis suggests that three 
structural directions (east-west, northwest, and northeast) are 
mineralized, with two sub-parallel east-west zones of artisanal mining 
intersecting northwest and northeast zones within the target area. 
Multiple intersections indicate that many of the identified structures 
are gold bearing. The wide mineralization (3.13g/t Au over 25.89m of 
core length) encountered in TDD0004 reinforces the possibility of 
encountering wide lower grade potentially open pittable resources in 
addition to the high grade narrow structures typical of the nearby 
Bulyanhulu mine of African Barrick Gold. 

All drill core is being oriented using a Reflex instrument to facilitate 
structural logging and analysis. Preliminary indications are that 
mineralization may be associated with north and south dipping structures 
and as such two diamond drill-holes have been planned from the north to 
improve the intersection angle through structures with a northern dip 
and provide additional 3-D information. 

TEMBO PROJECT DRILL RESULTS - March 13, 2012 

(To date assay results from 7 of 12 holes are available) 

Drill-holes completed** Depth from (m) Depth to (m) Width* (m) Au (g/t) 
Comments 

TDD0004 41.00 66.89 25.89 3.13 Mineralised zones characteristically 
containing disseminated and stringers of pyrrhotite and pyrite 
associated with quartz veins, evidence of shearing and chlorite, 
carbonate and silicic alteration 

including 41.60 44.50 2.90 4.15 

47.50 49.00 1.50 2.22 

60.00 62.00 2.00 12.71 

including 60.50 61.00 0.50 36.30 

63.00 66.89 3.89 8.78 

including 63.50 64.00 0.50 20.10 

65.00 65.23 0.23 17.20 

65.74 66.30 0.56 15.80 

TD00005 152.86 158.00 5.14 8.50 Smokey grey quartz veining with 
associated disseminated and stringer pyrite and pyrrhotite, and 
carbonate and sericitic alteration in foliated metabasalt, possible 
visible Au 

including 154.00 158.00 4.00 10.76 

including 155.32 155.70 0.38 93.30 

TD0006 Results pending 

TDD0010 189.50 191.50 2.00 4.48 Strongly foliated sheared metabasalt 
with quartz veins and disseminated pyrite and pyrrhotite 

including 190.60 191.00 0.40 8.23 

257.80 258.40 0.60 1.69 Sheared and fractured with quartz vein and minor 
sulphide 

TDD0011 23.50 24.00 0.50 1.84 Quartz carbonate vein with pyrite and 
pyrrhotite 

TDD0012 Results pending 

TRC0013 19.00 22.00 3.00 16.10 Quartz veining and sulphide in weathered 
to fresh sheared metabasalt 

85.00 91.00 6.00 2.18 

103.00 106.00 3.00 4.01 

248.00 250.00 2.00 2.86 

TRC0004 No significant results 

TRC0005 156.00 159.00 3.00 1.80 

TRC0006 Results pending 

TRC0014 Results pending 

TRC0015 Results awaited 

* Widths represent down hole core lengths, and true widths are unknown 
at this time, no high grades cut has been applied. 

** TDD = Diamond Drill and TRC = Reverse Circulation 

Drill Target Areas 

A recent light detection and ranging (LIDAR) survey has provided a 
detailed understanding of the artisanal mining activity within the Tembo 
project area. The active and historical hard rock artisanal workings 
total over 10km of strike length, representing less than 10% of the 
potentially mineralized structures, when measured as magnetic 
lineaments. Most importantly the LIDAR Survey has shown that there are 
at least three directions of gold bearing structures; east-west, 
northwest, and northeast, trending within the Tembo project area. The 
implications of three potentially mineralized structural directions 
repeated across the property area are considerable, as the intersection 
points of the structures are potentially areas of higher grades and 
wider zones of gold mineralization. 7 priority targets have been defined 
through a combination of airborne magnetics, gold anomalies in soils and 
cover, and most importantly artisanal hard rock mining, all having 
multiple parallel and crosscutting structures present. 

Quality Assurance/Quality Control 

A stringent QA/QC practice is being applied to all sample batches. A 
Verified Reference Material standard is inserted every 20th sample, a 
known blank or blank standard every 20th sample and all samples with 
assays greater than 0.5 g/t Au are re-assayed. 1% of all samples are 
submitted to an alternative laboratory for check analysis. In addition 
the laboratory adheres to an internal QA/QC procedure including standard 
samples and repeats and blanks inserted independently. 

The above information 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. 

About Tembo Gold Corp. 

Tembo Gold (TSX-V: TEM) is a Canadian publicly listed mineral 
exploration company focused on the exploration and development of gold 
projects in Tanzania and the rest of Africa. The Company currently has 
100% interest in the Tembo Gold Project which is located adjacent to 
African Barrick's 20Moz Bulyanhulu Mine in the prolific Lake Victoria 
Greenstone belt in Tanzania. The company is led by a highly experienced 
team with a proven history of developing, financing, and operating 
mining projects in Africa. The company has commenced its 90,000m drill 
program on its Tembo Gold Project. 

On Behalf of the Board of Directors of Tembo, David Scott, President & 
CEO 

For more information please contact: 

Marc Cernovitch Director & VP Business Development 

Phone: 416.619.9010 

Email: mcernovitch at tembogold.com 

Forward-Looking Statements 

Certain information set out in this news release constitutes 
forward-looking information. Forward looking statements are often, but 
not always, identified by the use of words such as "seek", "anticipate", 
"plan", "continue", "estimate", "expect", "may", "will", "intend", 
"could", "might", "should", "believe" and similar expressions. In 
particular, this news release contains forward-looking statements in 
respect of the use of the net proceeds from the Private Placement, the 
completion and timing of additional closings of the Non-Brokered Private 
Placement, the payment of certain finders' fees and the listing of the 
Common Shares on the TSXV. Forward-looking statements are based upon the 
opinions and expectations of management of the Company as at the 
effective date of such statements and, in certain cases, information 
provided or disseminated by third parties. Although the Company believes 
that the expectations reflected in such forward-looking statements are 
based upon reasonable assumptions, and that information obtained from 
third party sources is reliable, they can give no assurance that those 
expectations will prove to have been correct. With respect to 
forward-looking statements contained in this news release, the Company 
has made assumptions regarding, among other things, the ability to 
develop the Company's properties, the economic climate in the 
jurisdictions where the Company carries on operations and commodity 
prices. Although the Company believes that the expectations reflected in 
the forward-looking statements contained in this document, and the 
assumptions on which such forward-looking statements are made, are 
reasonable, there can be no assurance that such expectations will prove 
to be correct. Readers are cautioned not to place undue reliance on 
forward-looking statements included in this document, as there can be no 
assurance that the plans, intentions or expectations upon which the 
forward-looking statements are based will occur. By their nature, 
forward-looking statements involve numerous assumptions, known and 
unknown risks and uncertainties that contribute to the possibility that 
the predictions, forecasts, projections and other forward-looking 
statements will not occur, which may cause actual results in future 
periods to differ materially from any estimates or projections of future 
performance or results expressed or implied by such forward-looking 
statements. These risks and uncertainties include, among other things, a 
significant drop in the price of gold, political turmoil in Tanzania and 
other risk factors set forth in the Company's continuous disclosure. 
Readers are cautioned that this list of risk factors should not be 
construed as exhaustive. These statements are made as at the date hereof 
and unless otherwise required by law, the Company does not intend, or 
assume any obligation, to update these forward-looking statements. 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER 
(AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) 
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE 

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