TERAS PROVIDES PROJECT UPDATE FROM IT'S CAHUILLA GOLD/SILVER DRILL PROGRAM

May 10th, 2012

Teras Resources Inc. ("Teras" or the "Company") (TSXV: TRA): Teras is pleased to announce the engagement of National Drilling Company of Gilbert, Arizona to accelerate the exploration/development drill program at the Cahuilla project in Imperial County, California. National mobilized a new Schramm T450GT track mounted angle reverse circulation drill to the project site and initiated drilling operations the last week in April 2012.

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