Drilling Update

Tanzania Gold PLC 22 May 2007 Tanzania Gold PLC 22 May 2007 Tanzania Gold Plc ('Tanzania Gold') Sampling Programme completed at the Mkurumu Project, Tanzania Highlights: •Sampling programme completed over entire licence area •Artisanal pit rock sampling returns values of up to 43.1g/tAu •Soil geochemical sampling returns values of up to 2.35g/tAu •Average gold value for 40 samples equates to 10.36g/tAu Tanzania Gold (AIM: TZG), the AIM listed exploration and development company, is pleased to announce the initial results from the sampling programme covering the Mkurumu gold project (PL 3048/2005) in the Tanga region, Tanzania. Artisanal Rock Chip Sampling A total of 40 rock chip and channel samples were collected from various artisanal workings, artisanal waste dumps and outcrops within the licence area. They returned gold values ranging from 0.02g/tAu to 43.1g/tAu. The average gold value for the 40 samples equated to 10.36g/tAu, eight of which returned values in excess of 20g/tAu namely 22.6, 28.3, 31.7, 32.3, 33.2, 34.8, 37.9 and 43.1g/tAu. These results correlate well with previous assay results and reports of visible gold and exceptionally high gold assay values within selected areas of the Mkurumu deposit. Soil Geochemical Sampling The systematically gridded soil geochemical sampling programme covering the entire 43.35 square kilometre licence area has been completed. Tanzania Gold has received the results of approximately 90 per cent of the 10,000 soil geochemical samples. The majority of soil sampling was completed on 80 to 100 metre line spacing at 40 metre sample intervals with duplicates taken every 400 metres. To date 1,172 samples have returned gold values of over 50ppbAu with results ranging from 50ppbAu to 2,350ppbAu (2.35g/tAu). The final results and detailed reporting on the soil geochemical sampling are expected in July 2007. The anomalous targets will be further defined through trenching and channel sampling in preparation for the next drilling programme which is planned for the latter part of 2007. The majority of the mineralized structures returning the high gold concentrations are located within the potentially open pit mineable, low grade but high tonnage parts of the deposit that are currently being evaluated for the next stage of the work programme. Independent consulting geologist Brian Varndell has reviewed and approved the technical information contained within this press release in his capacity as a competent person, as required under the AIM rules. Brian Varndell is a fellow of the Australasian Institute of Mining and Metallurgy and co-author of the CPR published in September 2006 Clive Sinclair-Poulton, Chief Executive commented, 'These initial sampling results further confirm the quality of the project and are a highly encouraging prelude to the next stage of our works programme.' Notes for editors: Tanzania Gold plc (www.tanzgold.com) is focused on the discovery and exploitation of gold projects and assets, initially in Tanzania which is the third largest producer of gold in Africa and is increasing its production on an annual basis. The majority of gold production is centered around the west of the country, whereas Tanzania Gold is concentrating its efforts in the under explored east, an area of great potential. Tanzania has been independent since 1964 and is in the enviable position of having consistent political stability, holding regular democratic multi-party elections. Western style mining laws, combined with good infrastructure, skill levels and a supportive government have attracted a number of world class mining companies. For further information, please contact: Clive Sinclair-Poulton, Chief Executive Tanzania Gold Plc Tel: +353 (0) 85 739 2674 Email: clive@tanzgold.com James Harris Strand Partners Limited Tel: +44 (0) 20 7409 3494 Email: JamesHarris@strandpartners.co.uk Gary Middleton St Swithins PR Limited Tel: +44 (0) 20 7929 4391 Email: gary@swithins.com This information is provided by RNS The company news service from the London Stock Exchange
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