Tanzanian Royalty Announces Progress Report on its Buckreef Property

February 6th, 2014

Tanzanian Royalty Exploration Corporation is pleased to report on progress at Buckreef open cut gold
operation.

Two key Permits have been granted to its Buckreef Mining subsidiary for blasting and chemical processing
prerequisite for production plans at the company’s open cut area above the historical underground production
workings. The permits are “Certificate of Registration of Premise” and “Certificate Holder of Ten Chemicals
for Processing Operations”. The permits are issued by the Government Chief Chemist, Geita Zone and the
Geita Zonal Mines Office.

Plant, earth moving equipment and power back up generation is now at the Buckreef camp. No further permits
or licences are required. Power will be brought into camp from the nearby (1km) Tanesco standing power lines.
Operations will commence as soon as plant construction is completed.

Respectfully Submitted,
James E. Sinclair, President and CEO

 

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