Tombola Gold Ltd. announced its positive progress towards first gold production, with mining activities advancing well-ahead of schedule at Comstock and Shamrock open-pits. In excess of 15,000 tonnes of mineralised material has already been stockpiled on the ROM Pad in preparation for treatment. The decision on where and how much of the stockpiled material and the future mineralised material mined from Comstock and Shamrock pits is to be processed will be considered during the due diligence period.

The Company's mining plan targets have been significantly exceeded boding well for initial gold production from its 100% owned flagship Mt Freda Gold Mine in Cloncurry, Queensland. Production is well ahead of the mining plan /schedule with 188,000 total tonnes (ore and waste) moved over the past 6 weeks well ahead of the initial mining schedules with strict in pit grade control in place. Ore zones are identified through blast hole sampling and assaying along with in-pit visual control, with ore tonnes delivered to the ROM pad to date exceeding the mining plan.

In excess of 15,000 tonnes are now stockpiled on the ROM (left side stockpile below). Potential low-grade ore visually identified in the margins of the blasthole delineated ore zones are individually stockpiled on the bench below the main ore stockpile. The low-grade ore piles will be sampled prior to crushing to determine the feasibility of processing this material.

Tombola will continue to ramp up ore production at the Mt Freda Gold Complex as further areas of mineralisation are uncovered. The Company has engaged QCrush of Mt Isa, whose equipment will be mobilised to the Mt Freda Gold Complex further expediting the mining process. Mining production is well underway in the Comstock pit and production blasting commenced in the Shamrock pit.

Production from Comstock is consistently exceeding the daily budget of 4500tpd.