Tanzanian Royalty Announces Potential Tungsten (W) Occurrences In North- West Tanzania From Licence Held by North West Base Metals (NWBM), A Subsidiary of TRX

Tanzanian Royalty Exploration Corporation is pleased to announce that assay results from 23 grab samples from trenches and rock outcrops in a recent reconnaissance visit to licence held by North West Base Metals (NWBM), a subsidiary of TRX, confirms the area to be potential for base-metal mineralization of tin, tungsten, wolframite and lithium minerals.

Sampling confirmed significant tungsten oxide (‘WO₃’) values – best results include:

• J.3301: Weighted average 0.40% WO₃ from quartz vein lode
• J.3308: Weighted average 0.24% WO₃ from mica granite
• J.3309: Weighted average 0.11% WO₃ from quartz vein lode
• J.3313: Weighted average 0.06% WO₃ from quartz vein in trench
• J.3318: Weighted average 0.08% WO₃ from meta-sediments on granite contact
• J.3322: Weighted average 0.06% WO₃ from quartz vein lode
• J.3323: Weighted average 0.16% WO₃ from quartz vein lode

The mineralization is found in the Kyerwa Tin fields of Northwest Tanzania in the Karagwe-Ankolean Precambrian Belt around mica rich intrusive granites. The Kyerwa Tin fields are approximately 8 km wide and 48 km long within the Karagwe-Ankolean, phyllite-sericite schist-quartzite, metasediments belt.

The sedimentary features of Karagwe – Ankolean rocks reflect shallow-water deposition; low-grade metamorphism has converted many of these units to sericite schists and quartzites. Mica rich granite complexes intrude rocks of this system, and host tin and tungsten mineralization in veins within alteration haloes which surround the intrusive.

Cassiterite (tin oxide) veins are associated with the granites, but occur mostly in the surrounding country rocks. The deposits are both hydrothermal and pegmatitic; hydrothermal deposits contain most of the tin, and pegmatitic deposits contain some columbite-tantalite (coltan) and beryl.

Mr. Joseph K. Kahama, Chairman and Chief Operating Officer (Tanzania) commented, “We are excited to see the results with significant amounts of tungsten (W) and other base metals from a few reconnaissance grab samples collected from different areas on the licence, increasing our confidence in the resource potential for the highly prized base metals these licences in the Kyerwa area may possess."

Sample Protocol and QA/QC

The samples chain of custody is managed by the Buckreef technical team under the supervision of Anthony Minde. Base metal analysis reported in this release was performed by the induced coupled plasma (ICP90A) analytical method which is a technique for the determination of elements in samples based on atomic emission spectrometer (AES), where an inductively coupled plasma (ICP) is generated by directing the energy of radio frequency generator into a suitable gas, in this case, ICP-argon (ICP90A). All assays were performed by SGS Laboratory in South Africa. Sampling and analytical procedures are subject to a comprehensive quality assurance and quality control program. The QA-QC program includes duplicate samples, blanks and analytical standards.

SGS laboratory is ISO 90001 and 17025 accredited and employs a Laboratory Information Management System for sample tracking, quality control and reporting.

Qualified Person

Phillip Kaniki Bsc. Geology is a qualified person registered as a Chartered Professional member of the Australasian Institute of Mining and Metallurgy MAusIMM CP (Geo) (Reg. No 221963/07) and has reviewed the technical information that this press release contains.

Respectfully submitted,

Joseph Kahama
Chairman and Chief Operating Officer (Tanzania)

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