TRE Tanzanian Royalty Exploration Corp. Common Stock

Tanzanian Royalty Exploration is pleased to announce that it has completed a detailed review of a previously completed but non-reported reconnaissance pitting program on its Buziba West Prospect in northern Tanzania.

Buziba West forms part of the Company’s recently acquired Buckreef Gold Mine Re-development Project in Tanzania. The original pitting program was conducted by the State Mining Corporation (Stamico) of Tanzania, the Company’s joint venture partner in the advanced stage Buckreef Gold Project.

The Buziba West surface rubble pitting program included 53 pits on a spacing of 100 metres x 100 metres, covering a total area of 0.24 square kilometres. Historical records indicate that the pitting program was completed in 1986.

The program identified a potentially economic, sub-surface, high grade gold-bearing quartz rubble bed that returned a weighted average sample grade of 9.23g/t gold with an average thickness of 1.03 metres. The eastern extension of this surface rubble bed has yet to be investigated.

The following table summarizes some of the significant fire assay results from the historical pitting program:

BUZIBA SURFACE RUBBLE BED ASSAY HIGHLIGHTS

Pit ID   Sample Depth  

Width(m)

 

 

Assay Grade(g/t)

  Comment From   To BZPT003 0.00 3.00 3.00 1.8 Pisolitic laterite BZPT004 1.70 3.00 1.30 2.8 Pisolitic laterite with quartz fragments BZPT008 7.00 7.40 0.40 1.6 Quartz fragments BZPT031 4.20 4.60 0.40 0.8 Quartz fragments BZPT034 0.60 1.30 0.70 13.0 Pisolitic laterite with quartz fragments BZPT035 0.00 3.40 3.40 2.1 Pisolitic laterite with quartz fragments BZPT036 0.00 2.60 2.60 1.4 Pisolitic laterite with quartz fragments BZPT041 4.70 5.20 0.50 24.0 Quartz fragments BZPT042 0.00 0.30 0.30 6.9 Pisolitic laterite with quartz fragments BZPT043 3.10 4.50 1.40 1.8 Quartz fragments BZPT044 4.20 4.50 0.30 4.2 Quartz fragments BZPT045 4.50 4.80 0.30 1.9 Quartz fragments BZPT046 4.20 4.80 0.60 49.0 Quartz fragments BZPT047 4.40 5.30 0.90 24.0 Quartz fragments BZPT049 3.00 3.40 0.40 48.0 Quartz fragments BZPT050 3.30 3.40 0.40 14.0 Quartz fragments BZPT051 2.70 3.40 0.70 14.0 Quartz fragments BZPT053 3.80 4.70 0.90 12.0 Pisolitic laterite with quartz fragments BZPT054 2.90 3.70 0.80 24.0 Quartz fragments BZPT055 2.80 3.60 0.80 47.0 Quartz fragments BZPT056 0.00 2.00 2.00 3.0 Quartz fragments in laterite BZPT057 2.80 3.30 0.50 2.7 Quartz fragments in laterite

A follow-up Phase 2 pitting program is planned and will comprise 50 pits on a 200 metres x 200 metres spacing over an area of 1.5 square kilometres. The program will attempt to establish the eastern extension and possible continuity of the mineralized sub-surface quartz rubble bed as part of the Company’s endeavors to generate near surface gold resources of economic interest for near term extraction programs employing modular style gravity-based recovery plants.

Qualified Person

The Company's Qualified Persons are Mr. Peter Tererai Zizhou, the General Manager and Mr. Phillip Kaniki, the Resource Manager of Tanzanian Royalty Exploration Corporation Limited. Mr. Zizhou has a Master of Science (Exploration Geology) degree from the University of Zimbabwe (2000) and is a registered scientist with SACNASP (Reg. No.400028/08). Mr. Kaniki has a Bachelor of Science (Geology) degree from the University of Dar es Salaam (1997) and is a registered scientist with AusIMM (Reg. No.221963/07). Mr. Kaniki has reviewed and validated the RC drill-hole data for this particular prospect.

Analysis

There are no historical data on the QAQC control measures that were in place at the time this exploration program was conducted. Hence these results should be taken to be indicative rather than conclusive.

Respectfully Submitted,

Joseph Kulwa Kahama

Chairman and Chief Operating Officer

For further information, please contact Investor Relations at 1-800-811-3855

Visit our website: www.TanzanianRoyaltyExploration.com

The Toronto Stock Exchange and American Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of this release

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this news release, such as “measured”, “indicated”, and “inferred” “resources” that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 0-50634, which may be secured from us, or from the SEC’s website at http://www.sec.gov/edgar.shtml.

Certain information presented in this release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Investors are referred to our description of the risk factors affecting the Company, as contained in our Form 20-F, File No. 001-32500, for more information concerning these risks, uncertainties, and other factors.