TRA Teras Resources Inc

Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA)(OTCQX:TRARF)
is pleased to report that National Drilling Company has finished the
mobilization process and initiated both reverse circulation and diamond drilling
operations at its Cahuilla project in Imperial County, California. The primary
objective of this phase of exploration will be focused on the discovery of
deeper high grade feeder vein targets defined by recently obtained detailed
geological and geophysical data. 


Drilling began with hole CAH-303 which was pre-collared by the reverse
circulation drill to approximately 60m (200') and cased to total depth. The hole
was then re-entered by the diamond drill which has now reached a depth of about
305m (1000'). Technical personnel on site have informed the Company that core
drilling is progressing exceptionally well, while almost 100m (320') of core was
recovered the first day with excellent core sample recoveries approaching almost
100%. Thus far in the hole, the core is very strongly altered from the surface
to depth and includes an intercept of intensely silicified and veined
fanglomerate from 85 to 213m (280-700').


The following photo is an example of Cahuilla core showing strongly silicified
rhyolitic breccia hosted in fanglomerate which is intersected by multiple phases
of precious metal-bearing sheeted quartz veins:
http://media3.marketwire.com/docs/trarf0917photo.jpg.


This core was recovered in the vicinity of CAH-139 which encountered 3.1m of
80.79 g/t gold from 88.4 to 89.5m including 1.5m of 135.40 g/t (10' @ 2.359 oz/t
including 5' @ 3.954 oz/t) and 36.6m of 2.77 g/t gold from 135.6 to 144.8m
including 9.2m of 8.70 g/t (120' @ 0.081 oz/t including 30' @ 0.254 oz/t). 


CAH-303 will be drilled to a depth of up to 600m or possibly more depending upon
the down hole geology and alteration. CAH-304 is currently being pre-collared by
the reverse circulation drill and diamond drilling will begin as soon as CAH-303
is completed. Reverse circulation drill samples are being collected by Mr. Paul
Stubble, Project Geologist and Manager, split on site, placed in sample bags and
delivered to Inspectorate Laboratory in Reno, Nevada for gold/silver analysis.
Core samples are also being collected on site, placed in boxes, photographed,
split in half by a rock saw and one half will be analyzed by Inspectorate
Laboratories in Reno.


Peter Leger, President and CEO of Teras Resources, remarked, "We are very
pleased with the excellent drill progress and core recoveries National Drilling
has achieved thus far on our current drill program. Our technical team has been
very pleased with the visual appearance and intense alteration and veining of
the core recovered from a known high grade gold zone intersected by previous
Teras drilling. The reverse circulation drill will continue to pre-collar and
case the deeper diamond drill holes then move to drill the shallower gold/silver
resource expansion holes."


Dale A Vitone P. Eng., registered with the Association of Professional Engineers
of Ontario, Alberta and Northwest Territories and a Director of Teras, 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. 


About Teras

The Company is focused on developing its Cahuilla project located in Imperial
County, California. The project encompasses an area of at least 3 km by 1.5 km
and demonstrates the potential for a large-scale, bulk mining operation
consisting of altered and mineralized sedimentary and volcanic host rocks with
numerous sheeted high-grade quartz veins. Teras filed a NI 43-101 compliant
technical report with an indicated resource of 1.2 million plus ounces of gold
and 11 million plus ounces of silver on its Cahuilla project (70.148 million
tons at an average grade of 0.015 ounces per ton gold and 0.17 ounces per ton
silver with a cut-off of 0.008 ounces per ton gold). The Company has an
aggressive plan to increase the grade and tonnage of the resource and develop
the project for future mining operations.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy of accuracy of this news release.


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. In particular, this press release contains forward-looking information
regarding: the potential of the Cahuilla Project; the potential of geophysical
programs on the Cahuilla Project; the potential to expand the resource, to
identify new targets and to identify high grade zones and structures; the timing
of and potential of drilling and exploration programs, surveys, studies and
developments; and the potential for finding high grade deposits. 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;

future costs and expenses being based on historical costs and expenses, adjusted
for inflation; continued success in drilling and exploration programs and
geological and geophysical studies at the Cahuilla project; successful studies
in mining techniques and metallurgy; commodity prices continuing at today's
prices or rising; obtaining the necessary funding to carry out recommended work
programs, exploration and studies; and continued success in obtaining permits.
Additional assumptions can be found in the Company's disclosure documents on the
SEDAR website. 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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Teras Resources Inc.
Peter Leger
President
(403) 262-8411 or (403) 852-0644
pleger@teras.ca
www.teras.ca

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