Tanzanian Royalty Announces the Immediate Start of Major Drilling Program

TORONTO, ONTARIO – Tanzanian Royalty Exploration Corporation (TSX:TNX)(NYSE MKT:TRX) (the “Company’), Board of Directors is pleased to announce the selection of Stamico, and Coreworthy to complete Phase One of our planned Three-Phase Drill Program. Total meters to be drilled in all Phases is expected to amount to approximately 30,000. The Three Phase Drill Program is being planned and directed by Ulrich Rath, Chair of our Technical Committee.