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Tanzanian Royalty Exploration Corporation

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.

Contact:

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

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