Minterra Resource Corp. ("Minterra" or the “Company") is pleased to announce that it has completed initial target identification at Majuba Hill and has reason to believe that, based on historic and current data, this prospect has the potential to become a major gold target.

Majuba Hill is a highly prospective play with targets similar to the deposits currently being mined by Newmont at Yanacocha in Peru (+32 million ounces gold and 320 million ounces of silver) as well as those being explored for at Spring Valley by Midway Gold. Minterra acquired a 100% interest in 19 claims from JR Exploration, a Utah company under a 10 year lease-option agreement, and has staked an additional 89 claims in the Western Gold Belt of Nevada. The claims are located between the Spring Valley Project of Midway Gold Corp. and the Hycroft Gold Deposit of Vista Gold Corp (Figures 1 and 2). The project covers a major portion of the Majuba Hill Intrusive Complex.

The Majuba Hill published cross sections (Nevada Bureau of Mines and Geology Bulletin 86, Plate 3) and conceptual cross section (Figure 5) are very similar to the published geology and conceptual cross sections for the Spring Valley project being explored by Midway Gold. Historic production and exploration at Majuba Hill, between 1907 and 1970, has returned gold values up to 0.20 ounces per ton, silver up to 40 ounces per ton, and copper up to 12%. There is no evidence of drilling or any exploration since the early 1970’s.

The historic underground workings at Majuba Hill mined pods of copper and tin mineralization along the Majuba fault which cuts northwesterly across a nested series of rhyolite intrusives and intrusive breccias. Gold and silver values are also reported from the historic record. The ore stopes and workings extended to about 500 feet below the surface and 250 feet along the Majuba fault. The Last Chance Mine (within the project claim block) was developed along a fault parallel to the Majuba fault and produced silver (up to 40 ounces per ton), lead (up to 15%), and gold (up to 0.10 ounces per ton) from an 830 foot tunnel and a 117 foot deep shaft. No drilling or exploration appears to have ever been completed down dip from the ore bodies or along either of the faults.

The Company has gathered a significant amount of historic data on the project which is being compiled and interpreted prior to commencing detailed field work. Over 4,000 feet of underground workings from mining in the early 1900’s to the 1940’s was evaluated for copper and uranium in the 1950’s and 1970’s. Published gold numbers from sampling in the 1970’s range as high as 0.15 ounces per ton. Additionally silver is as high as 12 ounces per ton and copper up to 12%. The mapped Majuba placers occur less than 2 miles downstream. Nevada Bureau of Mines and Geology published reports describe historic drilling: “The relatively widely spaced diamond drill holes passed through hundreds of feet of plus 0.2 percent copper".

Compilation of the published and available data currently suggests at least three target areas for immediate targeting on Majuba Hill. Additional soil and rock geochemistry combined with geologic reviews will undoubtedly define other targets as well as outline specific target zones around the Last Chance Mine.

Possible joint venture discussions have been initiated with several larger companies and the initial work program proposed includes:

• Complete compilation and additional geologic mapping (with associated rock chip sampling) to define initial target zones
• Complete soil grid along western side of property
• Drill test initial target zones with reverse circulation

E.L. “Buster" Hunsaker III, CPG, a Qualified Person has reviewed the technical disclosure contained herein and accepts responsibility for such disclosure.

About Minterra
Minterra is a gold exploration company based in Vancouver, British Columbia. It is focused on gold exploration in the Great Basin of Nevada and currently has 15 projects in the Cortez and Carlin Trends of Nevada, as well as the Western Nevada Rift.

Minterra has launched its new website, please redirect to www.minterra.ca for further details on the company and its prospects.

The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations. Certain risk factors may also affect the actual results achieved by the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.