Teras Resources Encounters Additional Gold Assays at Cahuilla Project

Teras Resources has reported that additional results have been received from the drilling campaign performed at the company’s Cahuilla gold-silver project, located in Imperial County, California.

The company carried out most of the drilling activities along the boundaries of the prominent precious metal mineralization and is presently continuing the exploration program in the project’s western and southern parts.

The company intersected 0.34 g/t gold over 68.6 m in hole CAH-260; 1.27 g/t gold over 4.6 m and 0.79 g/t gold over 6.1 m in hole CAH-261; 0.45 g/t gold over 25.9 m in hole CAH-263; 0.34 g/t gold over 6.1 m in hole CAH-264; 0.38 g/t gold over 45.7 m in hole CAH-266; 0.86 g/t gold over 19.8 m in hole CAH-267; 0.68 g/t gold over 4.5 m in hole CAH-268; 0.82 g/t gold over 1.5 m and 10.19 g/t gold over 1.5 m in hole CAH-269; 9.37 g/t gold over 1.5 m, 19.37 g/t gold over 1.5 m, and 5.00 g/t gold over 3.1 m in hole CAH-270.

The company is delighted to acquire an extra private land of 40 ac located in the main area of the project. This land area lies in the western part of the precious metal deposit and includes Modoc fault’s important segment along with additional significant targets. Most part of this newly owned private land lies beyond the present permit. The next environmental permitting stage which is being conducted will include this area.

Nevada-based Inspectorate Laboratory assayed the reverse circulation samples. The project geologist Mr. Paul Stubble compiled the drill samples, which were split on site and sent to Inspectorate Laboratory for examination.

The Cahuilla project is a huge paleo-hot springs epithermal system that contains high-grade veins in large numbers and exist in a wide dispersed gold-silver mineralization body.

Dale A Vitone P. Eng., Teras’s Director, is the qualified person for checking the quality control and supervision of the campaigns carried out at the company’s properties.

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