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UPDATE: Tanzanian Royalty Opens Higher As Reports Excellent Gold Values from Drill Program on Buckreef Project

Tanzanian Royalty Exploration Corp. (TNX.TO) started the session higher at $2.55, but has further moved up to $2.56 with an almost 1% rise from yesterday's $2.54 close, after announcing today additional assay results from the ongoing drill program on its Buckreef Gold Project in the Lake Victoria Goldfields of Tanzania.

The company said the latest results confirm the dip continuity of multiple, sub-vertical mineralized zones and include some of the most impressive values reported to date from the East Porphyry target area which is located 800m east of Buckreef Main deposit.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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