Tanzanian Royalty Announces Second Quarter Startup for Kabanga Nickel Program

Vancouver, Canada (ots/PRNewswire) -

TSX: TNX

AMEX: TRE

The Company is pleased to announce that a decision has been made
to commence work on its extensive nickel holdings in Tanzania during
the second quarter of 2007. The decision coincides with an
announcement by Xstrata and Barrick to proceed with a
pre-feasibility study for their Kabanga Nickel Project which is
situated within the same belt of rocks that hosts Tanzanian
Royalty's nickel licenses.

"The spectacular grade and size potential of the Xstrata-Barrick
Kabanga project speaks to the exploration potential of this
world-class nickel belt which from an exploration standpoint has
barely been touched," said Tanzanian Royalty Chairman and CEO, Jim
Sinclair.

"Without a doubt, the timing of our acquisition program in the
Kabanga Nickel Belt was fortuitous and the decision by
Xstrata-Barrick to proceed to the next stage of development at
Kabanga will undoubtedly focus world attention on the entire belt."

The Kabanga nickel deposit was discovered by the United Nations
during the 1970s following a comprehensive geochemical and
geophysical program that identified a chain of coincident airborne
magnetic and geochemical anomalies within a 20-30 kilometre wide
northeasterly trending belt that extends for over 200 kilometres
from Burundi in the south, through western Tanzania, to Uganda in
the north.

In 2004, Tanzanian Royalty recognized that base metal prices were
set to move substantially higher and applied for open ground within
the Kabanga belt that was considered to be a favorable host for
magnetic anomalies.

The Company's seven prospecting licenses represent a combined area
of 4,434 square kilometers within the Kabanga nickel belt. One of
the Company's prospecting licenses is located within a zone of two
parallel magnetic highs that extends down to the Kabanga Nickel
deposit, while another license hosts a 50 kilometre long magnetic
anomaly with a geophysical signature of similar intensity to
Kabanga. Moderate nickel-in- soil anomalies are evident on some of
the properties as well.

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.

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

Contact:
For further information: Investor Relations at 1-800-811-3855; Visit
our website: www.TanzanianRoyaltyExploration.com