Tembo Commences Drilling on the Nyakagwe East Target at Tembo Project, Tanzania

April 18, 2012

Tembo Gold Corp. (TSX VENTURE:TEM) (FRANKFURT:T23) ("Tembo" or the "Company") is pleased to announce that two diamond drills and a reverse circulation (RC) drill have recently commenced drilling at Nyakagwe East, one of the Company's priority Phase 1 drill targets at the Tembo project, Tanzania. The Nyakagwe East target consists of two parallel northwest trending zones of active and historical artisanal mining. The target zones have been interpreted to be parallel to the dominant regional northwest trending structures that host African Barrick Gold's multi-million ounce Bulyanhulu mine. Historical diamond drilling at Nyakagwe East (See Table 1) returned results up-to 10.25g/t gold over 3.50m from the southern zone, and 9.80g/t gold over 3.40m from the northern zone.

Twenty six (26) diamond drill holes totaling 4,000m along 100m spaced sections, targeting both parallel structures at depths of 50m and 100m below surface are planned on each of the Nyakagwe East zones. Based on results, follow-up diamond drilling will be conducted to intersect the structures along the same section lines at 150m and 200m depths.

Additionally, 18,500m (124 holes) of reverse circulation drilling is planned along six fences to test for southeast extensions of the structures under surficial cover, as well as northwest extensions that may link Nyakagwe East structures to the Mgusu area of artisanal activity and workings. Should gold-bearing extensions be intersected by RC drilling, diamond drilling on a similar spacing will be conducted to evaluate, define and delineate potential additional mineralization.

The Nyakagwe East Target

Two distinct parallel zones of artisanal workings characterize the Nyakagwe East target, each with a strike length of greater than 500m and separated by an intrusive dyke (See Figure 1). Mineralization is related to at least two quartz veins associated with shear zones within basaltic host rocks. Sulphide mineralization consists of pyrite within a shear zone with strong quartz veining. The zones strike northwest and are interpreted to dip steeply to the southwest.

A total of 12 diamond drill holes were drilled in 2008 on both zones to test the structures. Well-mineralized zones contained sheared basalts and strong quartz veining with associated semi-massive, stringers and disseminations of pyrite. Higher grades were distinctly correlated with quartz veining and abundant sulphide.

Tembo's President & CEO David Scott commented: "After intersecting and announcing very exciting drill results from our first target area, I am anxiously awaiting results from Nyakagwe East as our second target. With significant historical drill results and extensive artisanal mining over a number of parallel zones this drill target constitutes one of the largest single artisanal workings and high priority drill targets on the Tembo property."

Table 1. 2008 Historical diamond drilling at Nyakagwe East

HISTORICAL DIAMOND DRILLING
Hole ID From (m)* To (m) Interval (m) Au (g/t)
DD001 38.50 42.00 3.50 10.25
DD002 67.20 68.70 1.50 1.30
69.70 71.20 1.50 1.65
DD004 87.03 91.75 4.72 2.46
110.40 111.00 0.60 1.50
135.67 136.00 0.33 2.88
DD005 81.94 85.34 3.40 9.80
DD08 100.25 103.85 3.60 2.65
including 100.67 101.08 0.41 12.40
DD009 142.19 145.45 3.26 2.07
147.72 148.25 0.53 1.28
DD010 85.10 89.45 4.35 1.17
DD011 45.10 46.60 1.50 10.44
56.95 60.45 3.50 2.15
DD012 47.10 49.00 1.90 1.74

* Widths represent down hole core lengths and true widths are unknown at this time.

Figure 1. Planned and historical drilling at Nyakagwe East, Tembo Project:

Nyakagwe East Target, Tembo Project - Phase 1 Drilling Plan

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 is a Canadian public company listed on the TSX Venture Exchange ("TSX-V") under the symbol TEM. 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. Our focus is the discovery and development of world-class gold projects in Africa. The company has assembled a highly experienced team with a proven history of developing, financing, and operating mining projects in Africa. With approximately $13 million in the Treasury, the Company's exploration strategy is to discover mineral resources as well as continue to look for additional opportunities that can bring value to the Company and shareholders.

On Behalf of the Board of Directors of Tembo,

David Scott, President & CEO

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. 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.

CONTACT INFORMATION:

Tembo Gold Corp.
Marc Cernovitch
Director & VP Business Development
416.619.9010
mcernovitch@tembogold.com
www.tembogold.com