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Strategies & Market Trends : Dino's Bar & Grill

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From: Goose94	12/31/2012 11:36:36 AM
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Teras Resources (TRA-V) TRA start deep drilling below 250 metres in the new year '13. www.teras.ca 93 million o/s $2.5 million cash (as of Aug, 2012) Cahuilla Project gold-silver, California U.S.A. Project currently has NI 43-101 compliant resource of 1 Million Plus ounces of gold and 11 Million Plus ounces of Silver (Source: Mine Development Associates to be filed by end of 2012). $2 million in cash to advance Cahuilla in 2013 Teras exploration strategy has two elements: to drill along the margins of the known deposit to the south and east, where limited historic work was completed, and to continue delineating the high-grade veins, while hunting for feeder zones at depth. Mineralization has yet to be tested to depths exceeding 250 metres. On Nov. 21, the company reported cutting higher-grades at 170 metres depth, highlighted by 21 metres averaging 2.26 grams gold in hole 297, with 1.5 metres of 15 grams gold and 524 grams silver. More drill highlights from Teras’ program include: 17 metres grading 2.64 grams gold from 93 metres in hole 282; 15.3 metres averaging 1.1 grams gold from 53 metres depth in hole 295; and 7.6 metres of 1.64 grams gold from 79 metres in hole 283. TRA starting IP/MT surveys in in early January and will follow up with deep drilling. Company presentation teras.ca

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