TANGO ANNOUNCES APPOINTMENT OF CHIEF OPERATING OFFICER

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VANCOUVER, BRITISH COLUMBIA — 13 October 2015 – Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) is pleased to announce that Mr. Devin McKay has been appointed as Chief Operating Officer (COO) of the Company. Over the last 28 years, Mr. McKay, a metallurgist, has worked throughout the mining value chain for Anglo American Plc, De Beers, Gem Diamonds and Centar Limited.

Mr. McKay has been instrumental in advising Tango and overseeing the recently announced Preliminary Economic Assessment on the BK11 Kimberlite Diamond Mine (“BK11 Mine”) in Botswana. The BK11 Mine is a diamond bearing, champagne glass shaped kimberlite pipe located in the Orapa/Letlhakane kimberlite district, one of the world’s most prolific diamond producing areas.

Upon completion of the acquisition and funding of BK11, Mr. McKay will lead the restart of the BK11 Mine, drawing on his expertise in processing, in particular autogenous milling, which is used at the nearby Karowe Mine owned by Lucara Diamond Corp. Mr. McKay has guided production and efficiency improvements at a number of mines worldwide and has advised on a number of mine developments from grass roots to profitable operations as well as mine sales/purchases. He has a National Higher Diploma in Extractive Metallurgy and completed a Management Development Program at Gibbs University.

Terry L. Tucker, P.Geo., Executive Chairman of the Company, stated “We welcome Devin as a valuable member of the Tango team and we believe he has the necessary leadership and technical skills to expand and enhance Tango’s diamond production portfolio ”.

About Tango Mining Limited

Tango Mining Limited is a Canadian company that primarily operates in southern Africa with four thermal coal, metallurgical and processing plant and engineering contracts that process 6.5 Mt per annum, with clientele that include Exarro and Glencore plc. The four projects are located within the Ogies and Highveld coalfields, Mpumalanga Province and Kliprivier coalfield, KwaZulu-Natal Province. The Company also holds an interest in the Oena Project, a producing alluvial diamond property, Northern Cape Province, South Africa. The Company’s vision is to become a junior mining company with a focus on diamond mining and development projects.

FOR FURTHER INFORMATION PLEASE CONTACT:

Mr. Terry L. Tucker, P.Geo.

Executive Chairman and Interim CEO

Tango Mining Limited

terry.t@tangomining.com

The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has neither approved nor disapproved the contents of this press release.

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