Tembo Gold Corp. (TEM.V) has released new drill results from the Nyakagwe East Zone, at their 100% owned Tembo project in the Lake Victoria District in Tanzania.
Tembo completed six diamond drill holes at Nyakagwe, and all of them have encountered mineralization. Hole TD-007 is the most remarkable one, intercepting 3.5 meters at 16.5g/t at a depth of only 44 meters, and 3 meters at a stunning 27.8g/t at a depth of 66 meters.
The widths can be compared to the widths encountered in African Barrick Gold’s (LON:ABG) Bulyanhulu mine, but the grades of hole TD-007 are much higher than the grade in the nearby Bulyanhulu mine.
The company plans to drill additional diamond and RC drill holes to further define the structure of mineralization.
Tembo Gold continues to deliver exceptional drill results, and we are getting more and more excited about the project, as it’s shaping up nicely.
Read the full press release here.
Disclosure: Tembo Gold Corp. is a sponsoring company. The author visited TemboGold’s project in Tanzania in February 2012, and all of his costs have been reimbursed by the company. Please see our disclaimer for current positions.