TRA Teras Resources Inc

Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA): Peter Leger,
President and Chief Executive Officer of Teras is pleased to announce the
engagement of Mr. Ricky Childers to assist with the Company's Watseca mine
project.


Teras has been reviewing historical data collected over the past 12 months for
the Watseca mine project, and in particular, the historical data of the
Company's mill that is located on the property (the "Mill"), and has decided to
pursue developing the Watseca mine project. Over the past few months the Company
has been preparing the Mill for operation in order to run sample tests in the
coming weeks. The investigation to date has guided management of the Company to
pursue the development of the Watseca mine as well as test the processing of
surface material as to its grade and economics.


Teras is pleased to have engaged Mr. Childers who will consult and work closely
with the Company in developing the Mill circuit as well as conducting tests of
the surface material. Mr. Childers will play an important role in the opening of
the Watseca mine if and when the Company deems appropriate to do so.


Mr. Childers has over 30 years of mining and mill work experience. He has worked
extensively underground as well as in above ground mining operations. Mr.
Childers' experience includes all aspects of mining including timbering, roof
bolting, stoping, drilling, blasting etc. Further, Mr. Childers is well versed
in mill operations in which he has built and ran mills to extract Gold and
Silver. Teras is pleased with the value Mr. Childers has shown to date and looks
forward to working with Mr. Childers in developing the Watseca mine.


Subject to regulatory approval, the Company has granted to Mr. Childers, under
the terms of its stock option plan, options to purchase up to 200,000 common
shares at a price of $0.12 per share. The options will vest over an 18 month
period releasing as to 1/6 every 3 months. The expiry date of the options will
be 5 years from the date of issuance, being August 5, 2014.


About Teras

Teras' vision is to acquire and advance properties with established technical
merit. The Company's exploration work will be focused on detailed diamond
drilling programs with the goal of proving resources with an NI 43-101 compliant
resource report.


This press release may contain "forward-looking information" within the meaning
of applicable Canadian securities legislation. All statements, other than
statements of historical fact, included herein may be forward-looking
information. Generally, forward-looking information may be identified by the use
of forward-looking terminology such as "plans", " expects" or "does not expect",
"proposed", "is expected", "budgets", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases, or by the use of words or phrases which state that
certain actions, events or results may, could, would, or might occur or be
achieved. This forward-looking information reflects the Company's current
beliefs and is based on information currently available to the Company and on
assumptions the Company believes are reasonable. These assumptions include, but
are not limited to, the actual results of exploration projects being equivalent
to or better than estimated results in technical reports or prior exploration
results, and future costs and expenses being based on historical costs and
expenses, adjusted for inflation. Forward-looking information is subject to
known and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of the Company to
be materially different from those expressed or implied by such forward-looking
information. Such risks and other factors may include, but are not limited to:
the early stage development of the Company and its projects; general business,
economic, competitive, political and social uncertainties; commodity prices; the
actual results of current exploration and development or operational activities;
competition; changes in project parameters as plans continue to be refined;
accidents and other risks inherent in the mining industry; lack of insurance;
delay or failure to receive board or regulatory approvals; changes in
legislation, including environmental legislation, affecting the Company; timing
and availability of external financing on acceptable terms; conclusions of
economic evaluations; and lack of qualified, skilled labour or loss of key
individuals. Although the Company has attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. Accordingly, readers should not
place undue reliance on forward-looking information. The Company does not
undertake to update any forward-looking information, except in accordance with
applicable securities laws.

Teras Resources (TSXV:TRA)
Gráfica de Acción Histórica
De Jul 2024 a Ago 2024

Teras Resources (TSXV:TRA)
Gráfica de Acción Histórica
De Ago 2023 a Ago 2024