Environmental Impact Assessment Certificate Awarded for Tanzanian Royalty Buckreef Project

May 29th, 2014

Tanzanian Royalty Exploration Corporation is pleased to announce that Buckreef
Gold Company Limited has been awarded the Environmental Impact Assessment
Certificate for its Buckreef Gold Project in Tanzania.

Receipt of this Certificate is the final approval necessary and confirms that all
requirements for mining on the Buckreef Gold Mine project area have been fulfilled.

Buckreef Gold Company Limited is a joint venture company owned by Tanzanian
Royalty Exploration Corporation and the State Mining Corporation (STAMICO),
representing the Government of The United Republic of Tanzania.

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