Lake Victoria Gold Ltd · TSXV:LVG

Lake Victoria Gold — Tembo Gold — Investor Presentation (June 2022)

12 slides from Lake Victoria Gold's investor presentation, June 2022

  1. Slide 1: Corporate Presentation – Q2 2022

    CORPORATE PRESENTATION – Q2 2022 TSX-V: TEM FRANKFURT: T23A www.t emb og old .com

  2. Slide 2: Reasons to Buy

    REASONS TO BUY Clear Endorsement & Transformational Partnership with World’s Top Gold Miner Leverage to Barrick’s Future Regional TEMBO GOLD PROJECT Success with Immediate Cash Payments Strategic Location with Highly TANZANIA Prospective Geology & Outstanding Early Results 2

  3. Slide 3: Capital Structure & Ownership

    CAPITAL STRUCTURE & OWNERSHIP TEMBO GOLD CORP. TSX-V : TEM FRANKFURT : T23 CURRENT SHARE PRICE C$0.26 OWNERSHIP 52 WEEK RANGE C$0.10 – C$0.27 AVERAGE DAILY VOLUME (PAST MONTH) 62,100 5.5% 40% BARRICK GOLD CORP. SHARES ISSUED AND OUTSTANDING 95,167,581 MANAGEMENT & INSIDERS OPTIONS 8,957,334 FULLY DI

  4. Slide 4: Established Mining Region

    ESTABLISHED MINING REGION ▪ Six modern mining operations and a number of undeveloped large deposits ▪ Significantly improved infrastructure ▪ Strong gold endowment ▪ Granite greenstone terrane with well understood geological parallels worldwide 4

  5. Slide 5: 2021 – Investor Presentation

    2021 – INVESTOR PRESENTATION * * Recent sale of six non-core licenses to Barrick Gold Corp. Refer to slide ‘BARRICK TRANSACTION HIGHLIGHTS’ for more information. 5

  6. Slide 6: Barrick Transaction Highlights

    BARRICK TRANSACTION HIGHLIGHTS SALE OF SIX NON-CORE LICENSES TO BARRICK GOLD CORP. See press release dated DECEMBER 7, 2021 Immediate Balance Sheet Strength US$6M o Provides Tembo with a significant upfront cash payment to advance development of our core target areas Unlocking Near Term Value US$9M

  7. Slide 7: High-Grade Gold Mineralization Demonstrated on Multiple Targets

    HIGH-GRADE GOLD MINERALIZATION DEMONSTRATED ON MULTIPLE TARGETS, MULTIPLE NEW TARGETS DEFINED Tembo is currently pursuing the discovery of one or more multimillion-ounce deposits within the current licence area, immediately adjacent to Barrick’s Bulyanhulu Mine – A high-grade underground gold mine o

  8. Slide 8: State-of-the-Art Machine Learning and AI Technology

    TARGET GENERATION USING EXPERT STATE-OF-THE-ART MACHINE LEARNING AND AI TECHNOLOGY KNOWLEDGE AND STATE-OF-THE-ART MACHINE LEARNING AND AI TECHNOLOGY INTEGRATION OF MULTIDISCIPLINARY INTERPRETATION DEFINED NUMEROUS TARGETS AND PROVIDED BASIS FOR PRIORITISATION ▪ Collaboration with Goldspot Discoverie

  9. Slide 9: Ngula Target

    NGULA 1 TARGET MOST DRILL HOLES INTERSECTED MULTIPLE GOLD BEARING STRUCTURES ▪ Extensive east-west trending artisanal activity including shafts to bedrock and surface rubble ▪ 76 drill holes completed, 41RC, 7,952m and 35 DD, 7,623m ▪ Diamond and RC drilling on 100m spaced section lines along main t

  10. Slide 10: Maiden Resource Development

    MAIDEN Q4 2020 – Q4 2021 TARGET GENERATION AND PRIORITISATION Q4 2020 - Q3 2021 RESOURCE • GoldSpot study, target generation and results evaluation • Confirm and prioritise existing and new targets DEVELOPMENT • Drill programme design and budget estimation • Commence government compliance local proc

  11. Slide 11: Management & Directors

    MANAGEMENT & DIRECTORS DAVID SCOTT MARC CERNOVITCH PRESIDENT, CEO AND DIRECTOR DIRECTOR •Former Technical Services Manager for Barrick Gold’s subsidiary Kahama Mining •Mr. Cernovitch studied Economics at McGill University. Marc has focused on Corporation at Bulyanhulu Mine, Tembo Project’s immediate

  12. Slide 12: Investor Relations

    CANADA Suite 1305, 1090 West Georgia Street Vancouver, BC, V6E 3V7 Canada Tel: 604-685-9316 TANZANIA Plot 1099 31 Merarani Rd, Masaki Dar es Salaam, Tanzania MOB: 255 767 366 146 INVESTOR RELATIONS Tel: 604-685-9316 investors@tembogold.com www.t emb og old .com 12

Tembo Gold — Investor Presentation (June 2022) on 6ix