TRA Teras Resources Inc

Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA): Further to
press releases dated October 8, 2009, February 8, 2010 and February 11, 2010,
respectively, Peter Leger, President and Chief Executive Officer of Teras, is
pleased to announce that the TSX Venture Exchange has given Teras final approval
for the earn-in agreement (the "Earn-In Agreement") with Consolidated Goldfields
Corporation ("Consolidated"), see press release dated February 11, 2010.


Teras and Consolidated are pleased to announce that they are currently in the
process of finalizing the exploration/development budget and will inform
shareholders in the near future as to the intended work to be completed and time
schedules. The work program is anticipated to be underway on site in March 2010.
Environmental permits have been completed for the first phase of the
exploration/development program and no potential problems were uncovered.
Drilling permits were finalized in January 2010 and have been submitted to the
proper regulatory agencies for final approval. 


Teras and Consolidated are excited to begin the exploration/development program
and will keep our shareholders informed as the project advances and results are
received.


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.

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