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Tembo Gold Corp. Announces Positive Preliminary Outcomes of the GoldSpot Collaboration Project
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2021) - Tembo Gold Corp. (TSXV: TEM) ...
About this update from Lake Victoria Gold Ltd
[{"type":"text","content":"Tembo Gold Corp. Announces Positive Preliminary Outcomes of the GoldSpot Collaboration ProjectVancouver, British Columbia--(Newsfile Corp. - June 1, 2021) - Tembo Gold Corp. (TSXV: TEM) (\"Tembo\" or the \"Company\") is pleased to announce the initial results of the work being conducted by GoldSpot Discoveries Corp. (\"GoldSpot\"), in conjunction with the Tembo geological team. The Company announced the collaboration agreement with GoldSpot on August 20th, 2020 (https://www.newsfilecorp.com/release/62139/Tembo-Gold-Technical-Collaboration-Agreement). GoldSpot is applying the broad experience and knowledge of their multidisciplinary team of geoscientists and data scientists, coupled with artificial intelligence computing technology to re-interpret the Tembo data and any other available data that is relevant to the Tembo project area, to generate structural targets for ongoing gold exploration.Highlights of the Outcomes to DateGoldSpot has primarily focused on geophysics (airborne magnetics and ground induced polarization), soil and rock geochemistry, satellite imagery (ASTER data), structural interpretation, LithoLens (analysing core photography), gold distribution modeling and regional prospectivity mapping using the Random Forrest algorithm.The data analysis and interpretation has provided an updated geophysical interpretation and improved structural understanding.The work has resulted in confirmation of multiple targets on the Tembo property and, most importantly, has facilitated the spatial definition and prioritisation of the targets that is now the basis for planning a programme of systematic and focused exploration with a high degree of confidence.In total, the GoldSpot Smart targeting approach was able to identify and rank 54 new targets on the property (Figure 1).Arising out of this a number of recommendations regarding further work programmes have been provided.The Company has prepared an initial drilling programme to provide further intersections of newly prioritized zones of mineralization with particular focus on generating detailed structural information.Wider exploration activity has also been recommended, including geochemical and geophysical surveys, and will be prioritized after evaluation of all lithological, structural, and assay data generated from this initial drill programme.The budget for this drilling wil...