Lake Victoria Gold Ltd · TSXV:LVG

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

11 slides from Lake Victoria Gold's investor presentation, October 2022

  1. Slide 1: Corporate Presentation – Q4 2022

    CORPORATE PRESENTATION – Q4 2022 TSX-V: TEM FRANKFURT: T23A w w w . te m b og ol d . com

  2. Slide 2: 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 2

  3. Slide 3: Capital Structure & Ownership

    CAPITAL STRUCTURE & OWNERSHIP TEMBO GOLD CORP. (as of Oct 28, 2022) TSX-V : TEM FRANKFURT : T23 CURRENT SHARE PRICE C$0.20 OWNERSHIP 52 WEEK RANGE C$0.10 – C$0.27 SHARES ISSUED AND OUTSTANDING 101,771,345 5.5% 40% BARRICK GOLD CORP. OPTIONS 8,957,334 MANAGEMENT & INSIDERS FULLY DILUTED SHARES OUTSTA

  4. Slide 4: High Quality Management Team

    HIGH QUALITY MANAGEMENT TEAM A STRONG TEAM OF LEADERS WITH YEARS OF FIRSTHAND MINING EXPERIENCE DAVID SCOTT - PRESIDENT, CEO AND DIRECTOR o Former Technical Services Manager for Barrick Gold’s Bulyanhulu Mine, Tembo Project’s immediate neighbour o Over 40 years of African exploration and mining expe

  5. Slide 5: * Recent sale of six non-core licenses to Barrick Gold Corp. Refer to slide

    * * 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 a MINERALIZATION DEMONSTRATED ON MULTIPLE TARGETS NGULA1 600m Strike, open to east 76 est = 35p07,623m 41 Rc 7,952m BHID TDD0041 TDDO0O4 TDDOOS4 (2) TemBo GOLD PROPERTY eA (1) HIGH-GRADE GOLD MINERALIZATION TARGETS ut “CONFIRMED STRIKE {POTENTIAL MINERALISATION TREND ‘WY BARRICK GOLD

  8. Slide 8: Ngula 1 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

  9. Slide 9: 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

  10. Slide 10: Maiden Resource Development Goal

    MAIDEN RESOURCE Q4 2020 – Q1 2021 TARGET GENERATION AND PRIORITISATION DEVELOPMENT • GoldSpot study, target generation and results evaluation • Confirm and prioritise existing and new targets GOAL • Drill programme design and budget estimation • Commence government compliance local procurement proce

  11. Slide 11: 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 [email protected] w w w . te m b og ol d . com 11

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