CALGARY, ALBERTA — (Marketwired) — 06/26/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF) -Teras is pleased to report that Dr. William C. Bagby has been appointed as Technical Advisor to the Board of Directors effective June 24, 2013. Dr. Bagby, California PG 7396, AIPG CPG-11457, was engaged by the Company in February of this year to lead a highly professional technical team to conduct a comprehensive review of the recent and histori
CALGARY, ALBERTA — (Marketwired) — 06/18/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF): Teras announced that it has completed the second tranche closing on its previously announced private placement of common shares for gross proceeds of $760,000. The Company issued 1,520,000 common shares at a price of $0.50 per share.The common shares issued in connection with the offering will be subject to a four month and 1 day hold period tha
CALGARY, ALBERTA — (Marketwired) — 06/06/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF): Teras is pleased to report the results of a magnetotelluric (MT) survey recently conducted at the Cahuilla gold/silver project in Imperial County, California. The MT survey, conducted by Zonge International, is remarkably positive and has identified multiple apparent new precious metal targets including the potential location of deep high grade
CALGARY, ALBERTA — (Marketwired) — 06/05/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA) (OTCQX: TRARF) Teras announced that it has completed a closing on its previously announced private placement of common shares for gross proceeds of $640,000. The Company issued 1,280,000 common shares at a price of $0.50 per share.The common shares issued in connection with the offering will be subject to a four month and 1 day hold period that expires on Octo
CALGARY, ALBERTA — (Marketwired) — 05/23/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA) (OTCQX: TRARF) Peter Leger, President and Chief Executive Officer of Teras is pleased to announce that the Company intends to complete a non-brokered private placement of up to 3,000,000 Common Shares at a price of $0.50 per common share (a "Common Share") for gross proceeds of up to $1,500,000. A finder-s fee of up to 8% of the gross proceeds may be
CALGARY, ALBERTA — (Marketwired) — 05/09/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA) (OTCQX: TRARF) Teras is pleased to provide a corporate update for the Cahuilla gold/silver project in Imperial County, California. The comprehensive digital technical data package for Cahuilla is now available for viewing, which includes detailed geology, geophysics and geochemistry in addition to the NI43-101 compliant resource database. The technical data pa
CALGARY, ALBERTA — (Marketwired) — 05/02/13 — Teras Resources Inc.("Teras" or the "Company") (TSX VENTURE: TRA) (OTCQX: TRARF) Teras recently completed a silver re-assay program using a four acid digestion technique instead of the original two acid digestion procedures used for drill samples obtained in 2011 and 2012 from the Cahuilla project in Imperial County, California. The four acid digestion re-assays were conducted by ALS Chemex Laboratories in Reno, Nevada on dri
CALGARY, ALBERTA — (Marketwired) — 04/23/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF): Teras is very pleased to report results from its ongoing geochemical sampling program at the Cahuilla project in Imperial County, California. A total of 65 additional samples were collected west of the known gold/silver resource within a transtensional dilatant zone that has not been adequately tested by exploration drilling. The geochemical sam
CALGARY, ALBERTA — (Marketwire) — 02/28/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF): Teras is pleased to report new analysis of historical geophysical surveys that were conducted by Kennecott Exploration in 1995 at the Cahuilla gold/silver project in Imperial County, California. The study indicates that subsurface precious metal mineralization and different styles of hydrothermal alteration can be identified via geophysical techn
CALGARY, ALBERTA — (Marketwire) — 01/24/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF): Teras is pleased to report results from its initial phase of metallurgical testing of drill samples from the Cahuilla project in Imperial County, California. Cyanide shake tests were conducted by McClelland Laboratories in Reno, Nevada on drill samples taken from Cahuilla and the results are favorable.A variety of reverse circulation drill hole s