CONSENT OF EXPERT
To:
British Columbia Securities Commission
Alberta Securities Commission
Ontario Securities Commission
(collectively, the “Regulatory Authorities”)
In connection with the filing, with the Regulatory Authorities referred to above, of the
technical report (the “Technical Report”) entitled “Update National Instrument 43-101
Technical Report on Tanzanian Royalty Exploration Corporation’s Buckreef Gold
Project in Tanzania” dated
28th June, 2011, I hereby consent to the public filing of the Technical Report and to extracts from, or a summary of, the Technical
Report.
Dated this 29th day of June, 2011
A.N. CLAY, M.Sc. (Geol.), M.Sc. (Min.Eng.), Dip. Bus. M.
Pr Sci Nat, MSAIMM, FAusIMM, FGSSA, MAIMA, M.Inst.D., AAPG
VENMYN RAND (PTY) LTD.