Tanzanian Royalty Reports More Encouraging Gold Results from Luhala Project

Vancouver, Canada (ots/PRNewswire) - The remaining assay results
from the Phase 4 Reverse Circulation (RC) drilling program on the
Company's Luhala Gold Project have been received and they confirm
that two of its principal zones - Kisunge Central and Kisunge West -
join up as predicted.

James E. Sinclair, Chairman and CEO of Tanzanian Royalty
Exploration, describes the results as "extremely encouraging" and he
notes that drilling has resumed at Luhala in order to confirm the
distribution of gold values within the target area.

The primary objective of the current drill program is to define a
drill indicated resource at Luhala, he said, adding that, "While more
drilling remains to be carried out, we are encouraged by the
potential to define a bulk minable gold deposit that could be
developed in a cost effective and timely fashion."

Sinclair also pointed out that within its peer group Tanzanian
Royalty Exploration is undertaking one of the largest exploration
programs on the African continent. "Utilising our own drilling
equipment and internally- developed exploration protocols including
biogeochem, we are giving shareholders broad exposure to potential
mineral discoveries in one of the most prolific gold belts in the
world," he said.

The Phase 4 drill program at Luhala was completed in February and
included 40 RC holes representing some 2,519 metres of drilling. The
holes were drilled from the Kisunge Central, West, Northeast and
Southeast Zones. The Kisunge Central and West Zones now combine to
form what is being called the Kisunge Central Zone which has been
drilled on a 40 metre by 25 metre grid pattern.

One hole was drilled on the newly discovered Kiginga anomaly to
determine the strike of the mineralisation that was discovered during
a Rotary Air Blast (RAB) drill program towards the end of 2005.

Drilling of the Kisunge East Zones has confirmed the presence of a
higher grade zone of rocks that extends from the Kisunge Northeast
Zone to west of the Kisunge Southeast Zone. These rocks form a
steeply plunging anticlinorium, a regional fold (bend) structure that
is composed of smaller folds. This whole zone is now referred to as
the Kisunge Main Zone.

Mapping of one particular rock unit (chert) within this zone
indicates a strike potential of approximately 1,200 metres with a
steep (-85 degree) dip. The next phase of drilling will be directed
at mapping this zone and determining the gold potential within it.

"We have plenty of targets to keep us busy and having our own
drilling equipment and drill crew provides us with enormous
flexibility in the field," said the Company's president, John Deane.
"It's a recipe for success that few other companies can match," he
added. Significant results for Kisunge Central and Kisunge Main Zones
are summarised in the tables below. Because of the nature of such
drilling techniques, it is not possible to determine the true width
and orientation of the mineralised intersections reported in this
release.

Kiginga Discovery

Further drilling is planned to determine the potential of the
Kiginga Discovery where one RC hole returned the following result:

Kisunge Central Zone:
From To Intercept Length Gold
Hole No. (metres) (metres) (metres) (grams/tonne) Including
LRC-65 8 17 9 2.44
48 62 14 1.86 4m (at) 3.27 g/t
LRC-69 3 12 9 1.20
30 39 9 1.01 1m (at) 4.44 g/t
LRC-70 28 45 17 1.68 3m (at) 3.72 g/t
56 63 7 3.76 4m (at) 6.00 g/t
LRC-71 73 77 4 1.43
LRC-80 7 26 19 2.65 5m (at) 5.18 g/t
LRC-81 8 30 22 2.15 5m (at) 3.04 g/t
LRC-84 1 12 11 2.61
LRC-86 4 14 10 2.01
LRC-87 11 16 5 1.56
29 45 16 1.64 4m (at) 3.88 g/t
LRC-90 9 12 3 1.57
LRC-94 1 12 11 2.82
Kisunge Main Zone:
From To Intercept Length Gold
Hole No. (metres) (metres) (metres) (grams/tonne) Including
LRC-62 9 21 12 4.40 7m (at) 6.83 g/t
LRC-74 23 44 21 2.31
LRC-75 14 43 29 2.66 13m (at) 3.79 g/t
LRC-76 4 19 15 1.46 5m (at) 2.44 g/t
LRC-79 27 31 4 3.18
LRC-80 7 26 19 2.65 5m (at) 5.18 g/t
LRC-81 8 30 22 2.15 5m (at) 3.04 g/t
LRC-84 1 12 11 2.61

Kiginga Anomaly:
From To Intercept Length Gold
Hole No. (metres) (metres) (metres) (grams/tonne)
LRC-77 39 42 3 1.30

To view a copy of the map, please visit
http://files.newswire.ca/77/Luhala.doc.

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

Fire assay with flame AAS finish was conducted by SGS Laboratories
in Mwanza, Tanzania. Duplicates, Standards and Blanks were inserted
in the sample stream sent to SGS. The duplicates have a positive
correlation coefficient of 97.5%. In addition, 98% of the standards
fall within the acceptable (5%) margins of error. The majority of the
blanks are all within acceptable limits.

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 US Investors - The United States Securities and
Exchange Commission permits US 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 US registered
companies from including in their filings with the SEC. US 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.

ots Originaltext: Tanzanian Royalty Exploration Corporation
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: please contact Investor Relations at
+1-800-811-3855. Visit our website:
www.TanzanianRoyaltyExploration.com. To request a free copy of this
organisation's annual report, please go to http://www.newswire.ca and
click on Tools for Investors.