Trenching Program at Tanzanian Royalty's Kibara Gold Project Returns Excellent Values and Confirms Presence of Porphyry Intrusive

Vancouver, Canada (ots/PRNewswire) -

Trading Symbols:

TSX: TNX

AMEX: TRE

An extensive trenching program on the Company's Kibara Gold
Project has reaffirmed the significance of previously reported gold
values and confirmed the existence nearby of a potentially large
porphyry intrusive that may have played a role in the dissemination
of gold values in the area

Approximately 160 metres of trenching was completed during
February on the eastern side of the Nyakona Hill discovery area near
where several grab samples last year returned values up to 6.0 g/t
gold and 13% copper.

"The mineralized occurrences at Nyakona Hill appear to be
structurally controlled and bear a strong copper-gold association
that is analogous to Barrick's Bulyanhulu mine and the Chocolate Reef
deposit in Tanzania," said the Company's Tanzania-based President,
John Deane.

A total of 21 samples were collected from 16 trenches at Nyakona
Hill and submitted for analysis. Samples were taken from all trenches
containing quartz veining and/or gossanous (weathered) rock with
malachite (copper carbonate hydroxide) staining. At least three
samples were taken from each trench, along with samples from the
footwall and hanging wall side of the vein.

The veins range from a few centimetres to 30 centimetres in
thickness and form a zone that is approximately 10 metres wide. They
are hosted within a southwest trending volcanic sequence of rocks
(tuff) that have a shallow dip to the southeast. Trenching to date
has exposed the vein system over a distance of 180 metres and has
identified a quartz feldspar porphyry intrusive in close proximity to
the system.

Highly significant assay results were received from the trenching
program, with 20 samples returning values exceeding 1.22 g/t gold.
The highest values were 14.8 g/t, (trench no. KB132TR02), and 10.20
g/t (trench no. KB132TR05). Other significant gold values with their
respective trenches in brackets include 5.02 g/t (KB132TR005), 5.78
g/t (KB132TR016) and 5.53g/t (KB132TR013).

All anomalous results were reported from the quartz vein/gossan
with malachite staining. The hanging and footwall rock samples
returned values between 0.01 and 0.83 g/t gold, suggesting that
footwall alteration (a sign of hydrothermal activity) has taken place
outside the vein system which is significant in the context of the
potential size of the mineralized system.

"Discoveries such as this show the wisdom of our regional
exploration approach and validate the Company's strategy of
maintaining a major land position right in the heart of one of the
world's most prolific gold belts," said Jim Sinclair, Chairman and
CEO of Tanzanian Royalty Exploration.

"As we develop our exploration portfolio over the coming months
and years, I expect to see similar discoveries covering a range of
commodities including gold, diamonds and nickel," he concluded.

The table below outlines all significant gold assays received.
Base metal values are outstanding.

Table 1: Significant Results from Kibara Trenching.
---------------------------------------------------
-------------------------------------------------------------------------
TRENCH SAMPLE Au
ID NO. (g/t) REMARKS
-------------------------------------------------------------------------
KB132TR09 J-8102 3.40 Quartz vein/gossan with malachite - 20cm
width
-------------------------------------------------------------------------
KB132TR05 J-8105 5.02 Quartz vein/gossan with malachite/boxworks
- 30cm width
-------------------------------------------------------------------------
KB132TR05 J-8107 10.20 Gossan with malachite - 5cm width
-------------------------------------------------------------------------
KB132TR04 J-8110 3.60 Quartz vein/gossan with malachite - 30cm
width
-------------------------------------------------------------------------
KB132TR03 J-8113 1.55 Quartz vein/gossan - 20cm width
-------------------------------------------------------------------------
KB132TR03 J-8115 1.22 Quartz vein/gossan with malachite - 5cm
width
-------------------------------------------------------------------------
KB132TR16 J-8120 5.78 Quartz vein/gossan with malachite - 20cm
width
-------------------------------------------------------------------------
KB132TR02 E-10946 14.8 Quartz vein/gossan with malachite - 30cm
width possible float
-------------------------------------------------------------------------
KB132TR02 E-10949 1.34 Quartz vein/gossan with malachite (90%) in
feldspar porphyry - 5cm width
-------------------------------------------------------------------------
KB132TR12 J-4938 3.24 Quartz vein/gossan with malachite; boulder
-------------------------------------------------------------------------
KB132TR12 J-4939 2.38 Quartz vein/gossan with malachite - 5cm
width
-------------------------------------------------------------------------
KB132TR12 J-4942 1.46 Quartz vein/gossan with malachite - 5cm
thick
-------------------------------------------------------------------------
KB132TR14 J-4949 3.65 Quartz vein/gossan with malachite - 2cm
thick
-------------------------------------------------------------------------
KB132TR14 J-4950 1.74 Quartz vein/gossan with malachite - 2cm
thick 40% of sample was tuff
-------------------------------------------------------------------------
KB132TR08 E-12302 1.31 Quartz vein/gossan with malachite - 5cm
thick
-------------------------------------------------------------------------
KB132TR13 E-12306 2.03 Quartz vein/gossan with malachite - 5cm
thick
-------------------------------------------------------------------------
KB132TR13 E-12307 2.33 Quartz vein/gossan with malachite - 5cm
thick
-------------------------------------------------------------------------
KB132TR13 E-12308 5.53 Quartz vein/gossan with malachite - 5cm
thick
-------------------------------------------------------------------------
KB132TR15 E-12310 4.55 Thin (less than 2cm) quartz vein/gossan
with malachite
-------------------------------------------------------------------------
KB132TR15 E-12311 2.89 Thin (less than 2cm) quartz vein/gossan
with malachite
-------------------------------------------------------------------------

Biogeochemistry Program Completed

The Company recently completed a large regional biogeochemistry
(BGC) program over the project area which encompasses a geographical
area of 377.6 square kilometres. This program will hopefully
fingerprint the extent of this mineralized zone, and facilitate a
decision on drilling which will be made once the results from the BGC
program have been received. These results should be available in the
next few months.

Qualified Person

The Company's Qualified Person is Mr. John Deane, the President of
Tanzanian Royalty Exploration Corporation Limited. He has an M.Sc.
from the University of Cape Town (1993) and is a registered scientist
with SACNASP (Reg. No.400005/05).

Analysis

All samples were sent to Humac Laboratories in Mwanza, Tanzania
for gold analysis by the fire assay method with atomic absorption
finish (Au 4 method).

Respectfully Submitted,

"James E. Sinclair"

James E. Sinclair

Chairman and Chief Executive Officer

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.

Visit our website: www.TanzanianRoyaltyExploration.com; To request
a free copy of this organization's annual report, please go to
http://www.newswire.ca and click on Tools for Investors.

ots Originaltext: Tanzanian Royalty Exploration Corporation
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