Mr. Joseph Kahama reports

TANZANIAN ROYALTY GRANTED MINERAL RIGHTS AND MINING LICENSE AT KIGOSI

Tanzanian Royalty Exploration Corp.'s Kigosi project in Tanzania has been granted a mineral rights and mining licence through its wholly owned subsidiary, Tanzania American International Development Corporation 2000 Limited (Tanzam). The mineral rights and mining licence cover the entire area applied for, 9.91 square kilometres of the Kigosi project.

The grant of a mining licence allows for eventual production at Kigosi. The Kigosi project has been certified for its environmental worthiness and safety following multiple stages of review and permits, including town hall meetings and focus group discussions among local and district residents and stakeholders, as well as local and national government regulators.

The Kigosi project represents one of five projects. The others are Itetemia, Buckreef, Bingwa and Tembo -- that are included in the company's production plan.

It is the company's intention to move to production on all gold properties that qualify, while at the same time expanding exploration on the base metals project in the Kabanga nickel belt. The latter will be undertaken by its subsidiary, Northwestern Base Metals Company Limited, a company whose investors also include the State Mining Corporation of Tanzania (Stamico) and Beijing Songshanheli Mining Investment Co., a Beijing-based mining company. The properties under the operatorship of Northwestern Base Metals Company Limited are being evaluated as exploration prospects primarily for tungsten, nickel, cobalt and other base metals such as cassiterite and coltan.

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