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Abonner Tan Range Exploration Corporation

Tan Range Exploration Corporation

Luhala Project Delivers More Encouraging Results for Tan Range

Vancouver, Canada (ots/PRNewswire)

The Company is pleased to
announce that it has received final assay results from the Reverse
Circulation (RC) drilling program on its Luhala Gold Project in
Tanzania.
Due to year-end overload at the SGS lab in Mwanza, Tanzania,
results for the last 15 holes only became available in early 2006 and
are presented in this news release. Initial results from the Luhala
drill program were announced in a corporate news release on December
8, 2005.
According to James E. Sinclair, Chairman and CEO, "The latest
results confirmed our expectations and serve to increase our
confidence level in the project's potential as we proceed to complete
a 43-101 compliant resource calculation over the next few months."
The Luhala drill program included 29 RC holes, representing some
2,140 metres of drilling, and was concluded in November of 2005. The
14 remaining holes at Kisunge Hill were drilled from the Kisunge
Central and West Zones which now appear to join up. The next phase of
drilling will attempt to fill in the gap between these two bodies
which are approximately 150 metres apart.
Most of the holes drilled in the program were concentrated on the
main mineralized zone at Kisunge Hill along drill fence lines ranging
from 20 to 40 metres apart, with drill hole spacing averaging 25
metres. One of the  holes was drilled at the new Kiginga target.
The mineralization at Kisunge Hill occurs as a series of thrusts,
with gentle dips to the southeast. Alteration is typically in the
form of iron and silica and the main host rocks are felsic to
intermediate volcanics and argillite.
The drill program was designed to extend the main mineralized zone
at Kisunge Hill, determine the morphology or distribution of the
higher grade gold mineralization, produce a 3-D model of the
mineralization for follow-up drilling and provide data for a mineral
resource estimate.
"We remain highly optimistic about the long term potential at
Luhala and have several other projects in the Lake Victoria
Greenstone Belt that are beginning to mature and will hopefully
produce tangible results in the coming year," Sinclair said.
Significant results for Kisunge Central, Kisunge West and Kiginga
are summarized in the tables below:
    Kisunge Central:
    Hole No.     From         To      Intercept     Gold
               (metres)    (metres)    (metres)      g/t        Including
    LRC-47        13          18           5        1.87     3m (at) 2.83g/t
    LRC-48        12          20           8        2.08     3m (at) 4.52g/t
    LRC-49         5           9           4        1.21
    LRC-51         6          18          12        2.17     3m (at) 4.30g/t
                  25          28           3        1.59
    LRC-52         1          13          12        1.12     3m (at) 3.02 and
                                                             4m (at) 3.49
    LRC-53         2          12          10        1.80
    LRC-54        14          18           4        0.98
    LRC-55         6          10           4        2.21
    Kisunge West:
    Hole No.     From         To      Intercept     Gold
                  (m)      (metres)    (metres)      g/t        Including
    LRC-56        22          35          13        1.79     6m (at) 2.03g/t
    LRC-57        21          36          15        1.38     2m (at) 2.59g/t
    LRC-58        11          20           9        1.43     2m (at) 2.24g/t
    LRC-59        26          31           5        1.53     2m (at) 2.28g/t
                  59          63           4        3.78     1m (at) 6.31g/t
                        (end of hole)
    LRC-60        34          40           6        2.56     3m (at) 3.40g/t
                  52          55           3        2.29
Kiginga Discovery
The mineralization at Kiginga was discovered during a Rotary Air
Blast (RAB) program in late 2005 and forms a series of flat lying
(-20 degrees), stacked shears within an intermediate volcanic tuff.
Thin quartz veins and hematite alteration are common occurrences
within the shear zones. The one RC hole drilled at Kiginga returned
the following results:
    Kiginga Anomaly:
    Hole No.     From         To      Intercept     Gold
                  (m)      (metres)    (metres)      g/t        Including
    LRC-61        26          29           3        1.14
                  32          35           3        1.96
See Attached Maps: http://files.newswire.ca/77/tanrangemaps.doc
Summary
In the interest of shareholders who are not conversant in the
terminology of the minerals industry, Mr. Sinclair emphasizes that
"the materiality of this release lies in the business plan of Tan
Range which is to deal properties in exchange for pre-royalty rental
income, the return of property- specific expenses, and the receipt of
royalty income at production. As such, the generation of potential
mineral resources on our holdings is a key factor in the maturing of
the exploration process."
"Our business plan directs us to pursue exploration work on a
property to a point where a qualified company would consider it
attractive to develop the property under a royalty agreement," he
added.
"Strict regulations governing resource company press releases
require that they be focused on the language of the minerals industry
which is often beyond the scope of the average investor. The
materiality of this news  release lies in the positive drill results
returned from Luhala which the  company considers to be quite
encouraging.
The materiality of this news release is further supported by the
fact that our exploration professionals employ state-of-the-art
exploration protocols including a refined in-house application of
biogeochemistry. We own our drilling equipment and have in-house
drill crews. In fact, we are looking into expanding our RC/RAB
drilling capacity and acquiring one or more diamond drill rigs as
well.
It is my feeling that the price of gold will impact the value of
our assets in Tanzania, leading to increased interest in our mineral
property portfolio.
Tanzania is recognized internationally as a politically stable
democracy (Source: The World Bank, IMF, UNESCO) and was recently
recognized as such by President George W. Bush.
Tan Range has the largest portfolio of mineral licenses in the
Lake Victoria Goldfields and Kagera/Kabanga Nickel belts and holds
strategically- located licenses in the Mwadui diamond corridor."
Qualified Person
The Company's Qualified Person is Mr. John Deane, the President of
Tan Range. He has an M.Sc. from the University of Cape Town (1993)
and is a registered scientist with SACNASP (Reg. No.400005/05). He
was personally on site during the majority of the RC drilling and
supervised both logging and sampling.
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 93.4%. In addition, 95% of the standards
fall within the  acceptable (5%) margins of error. The blanks are
generally within acceptable  limits, but 6 samples returned
unacceptable levels between 0.01g/t and  0.25g/t. The blank is a
local in-house granite blank, and these pulps will  be re-analyzed to
account for the errors.
    Respectfully submitted,
    "James Sinclair"
    James E. Sinclair
    Chairman and Chief Executive Officer
       The Toronto Stock Exchange nor American Stock Exchange have not
       reviewed and does 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.
Visit the Tan Range website: www.tanrange.com; To request a free
copy of  this organization's annual report, please go to
http://www.newswire.ca and  click on Tools for Investors
(TSX: TNX , AMEX:  TRE)

Contact:

For further information: please contact Investor Relations at
1-800-811-3855; Visit the Tan Range website: www.tanrange.com; To
request a free copy of this organization's annual report, please go
to http://www.newswire.ca and click on Tools for Investors

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