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Tango Diamond Sales from Oena Diamond MINE, South Africa

Corporate Updates

Tango Mining Limited

202 – 5626 Larch Street

Vancouver, British Columbia

V6M 4E1, Canada

TSX Venture: TGV

www.tangomining.com

TANGO DIAMOND SALES FROM OENA DIAMOND MINE, SOUTH AFRICA

VANCOUVER, BRITISH COLUMBIA — 23 March 2018 – Tango Mining Limited (“Tango” or the “Company”)

(TSXV:TGV) is pleased to provide an update on diamond sales results from the Oena Diamond Mine, Republic of South

Africa (“Oena” or the “Property”). During the most recent production period, ending 14 March 2018, a total of 159.34

carats (106 diamonds) were produced , placed on tender in Kimberley and sold with an aver age price of US$864 per

carat. This includes an 8.47 carat diamond which sold at US$2,896 per carat.

Diamond production from Oena, since acquisition , including production from both r un of mine (“ ROM”) material as

well as pan tailings (“Tailings”), now totals 1660 carats and have been sold at an average price of US$1,150 per carat.

Bluedust continues its due diligence program and will continue to systematically test various areas of the Property and

a total of 26,130t of both ROM and Tailings material were processed during the most recent production period.

On behalf of the Board of Directors of Tango Mining Limited

Samer Khalaf

Chief Executive Officer

Neither 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 release.