Tanzanian Royalty Exploration Corp. (AMEX:TRX) is pleased to announced that an infill reverse circulation (RC) drilling program has commenced on the Buckreef project, the Company's advanced stage exploration gold project located in the Lake Victoria Goldfields of northern Tanzania within the Rwamagaza Greenstone Belt. The Buckreef project contains National Instrument 43-101 ("NI 43-101") compliant gold resources at a 0.5 g/t cutoff grade in the following categories: Measured, 5.176 million tonnes grading 2.05 g/t (341,000 oz); Indicated, 24.97 million tonnes averaging 1.19 g/t (954,000 oz); Inferred, 17.173 million tonnes grading 1.51 g/t (835,000 oz).

Read more at: http://pennygovernance.com/?p=16165