Valterra Resource Corporation (TSX VENTURE:VQA)(FRANKFURT:3VA) ("Valterra")
reports that it has amended the agreement with respect to its Swift Katie
property located in southeast BC. Valterra earned a 100% interest in the Swift
Katie property on December 31, 2011 subject to an obligation to pay the
optionors annual advanced minimum royalty ("AAMR") payments. Pursuant to a
recent amendment agreement, the optionors of the Swift Katie property have
agreed to defer a portion of the AAMR payment ($40,940) due on December 31, 2012
until June 30, 2013. Valterra will pay the balance of the 2012 AAMR payment
($15,000) and issue 100,000 common shares to the optionors in consideration for
this amendment. The amending agreement contains default provisions respecting
interest payments and reversion in the event of default of payment of the
deferred balance on the due date. The amendment agreement and the issuance of
shares thereunder are subject to TSX Venture Exchange acceptance.


The Swift Katie property comprises more than 83 km2 and is located near Salmo BC
in an infrastructure-rich region of the province that includes numerous historic
mines. The project includes a significant historic drill database with more than
57 drill holes, and Valterra has completed an additional 15 drill holes
(4,866m), returning several encouraging intercepts for bulk-tonnage Cu-Au-Ag
from the Katie, 17 and West zones. The property is underlain by prospective
volcano-sedimentary rocks assigned to the Rossland Group which hosts numerous
precious-metal and polymetallic past-producers in this prolific belt.


About Valterra Resource Corporation 

Valterra is a Manex Resource Group Company. The group provides expertise in
exploration, administration, and corporate development services for Valterra's
mineral properties located in British Columbia and Ontario. Valterra is focussed
on early stage properties with the potential to host large deposits, in regions
with excellent infrastructure. Over the last several years, Valterra has
acquired and is exploring several key projects including "Star-Toughnut", "Swift
Katie" and "Bobcaygeon" which are located near roads, rail, power, and resource
communities in Canada.


On behalf of the Board of Directors, 

Frederick Sveinson, President

Valterra Resource Corporation

FOR FURTHER INFORMATION PLEASE CONTACT: 
Valterra Resource Corporation
Liana Shahinian
1.888.456.1112 or 604.641.2773
liana@mnxltd.com
www.mnxltd.com

Valterra Resource (TSXV:VQA)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Valterra Resource Charts.
Valterra Resource (TSXV:VQA)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Valterra Resource Charts.