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Teras Resources Inc V.TRA

Alternate Symbol(s):  TRARF

Teras Resources Inc. is a Canada-based mineral exploration company. The Company is engaged in acquisition and exploration of mineral property interests in Montana, Nevada and Cahuilla in California. Its projects include Cahuilla Gold Project, Corral Canyon Gold project, Gold Point property, Superstition Mountain Gold Property, Sunny Slope and Watseca Mill Property. The Cahuilla Gold Project is located in Imperial County, California. The Corral Canyon Gold Project consists of two unpatented claims and is located in Churchill County, Nevada. The Gold Point property consists of eight unpatented claims, which is located in Sierra County, California. The Superstition Mountain Gold Property consists of six unpatented claims, which is located in Imperial County, California. The Sunny Slope gold mine consists of 16 unpatented claims, which is located in Mineral County, Nevada. The Watseca Mill Property is in Rochester Basin, Montana, which includes a mill site and 13 patented mining claims.


TSXV:TRA - Post by User

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Post by thomsonion Jan 26, 2012 10:52am
165 Views
Post# 19452048

Re-Assay Results look Great: 15 ft@2.89 Oz/Ton

Re-Assay Results look Great: 15 ft@2.89 Oz/Ton

If they can demonstrate any continuity to this zone...it will add beaucoup oz of gold to the deposit

 

Teras has also conducted an analysis of the high grade gold intercept encountered in CAH-139 as reported in the press release dated December 14, 2011. The Company wanted to ensure that assay results from this vein are reproducible for mineral resource modeling. The original samples were collected during reverse circulation drilling operations from 88.4 to 91.5 meters and assayed 64.54 grams/ton including 1.5 meters of 104.32 grams/ton from 88.4 to 89.5 meters (290 - 300' @ 1.885 ounces/ton including 290 - 295 @ 3.046 ounces/ton). Given the very high grade assay results, a separate split was collected from the bulk samples encompassing the same 3.1 meter intercept and produced gold assays of 80.79 grams/ton including 1.5 meters of 135.4 grams/ton (10' @ 2.359 ounces/ton including 5' @ 3.954 ounces/ton).

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