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 that Teras
has completed 12 additional core drill holes on its Cahuilla project and has
entered into negotiations with Consolidated Goldfields Corporation to take the
next steps in advancing the Cahuilla project. The Cahuilla Project is a large
epithermal, paleo-hot springs system hosting multiple bonanza-grade veins that
occur within an extensive body of disseminated gold-silver mineralization. For
further information on the Cahuilla project refer to the NI 43-101 technical
report entitled "Cahuilla Property 43-101 Technical Report," dated October 25,
2007 prepared by Todd Wakefield, MAusIMM of AMEC E&C Services filed on Sedar on
November 15, 2007.


The core program consisted of 12 diamond drill holes totalling 333 meters. The
purpose of the drill program is to test the surface dimensions and down dip
extensions of the outcropping sheeted quartz veins on High Grade Hill using a
series of shallow fenced holes to develop continuity and expand near surface
gold/silver mineralization. Assaying of the core is currently in progress and is
being conducted by Inspectorate Laboratory in Reno, Nevada. Results of the core
samples will be announced once the analyses are completed.


Results from High Grade Hill will determine where we focus our more extensive
reverse circulation drill program, which is anticipated to begin later this
year. The principle objectives of the upcoming drill program will be to explore
the many high grade veins that have been intersected throughout the project area
and focus on the expansion of disseminated mineralization that was defined by
historic drilling.


Dale Vitone P. Eng., a Director for the Company is the Company's nominated
qualified person responsible for monitoring the supervision and quality control
of the programs completed on the Company's properties. Mr. Vitone has reviewed
and verified the technical information contained in this news release.


Mr. Thomas Callicrate, Vice president of Exploration for the Company has
resigned as an office of the Company to avoid any conflicts while Teras and
Consolidated Goldfields Corporation take the next steps in advancing the
Cahuilla project. Toby Mancuso, having a long-time relationship with the project
from a technical and mineral owner standpoint, will remain an Officer of Teras
to guide the advancement of Cahuilla in a timely manner.


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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