| January 4, 2008
Issuance of Shares to JR Exploration LLC
Minterra Resource Corp. (“Minterra" or the “Company") announces that, further to its press release dated December 20, 2007 (the “Closing Date") announcing the acquisition of four Nevada Gold programs (the "Projects"), in connection with the obligations assumed by the Company under a lease of the IXL Project, the Company has issued to JR Exploration LLC a total of 20,000 common shares of the Company at a deemed price of $0.13 per share on the Closing Date.Issuance of Stock Options Further to the appointment of E.L. (Buster) Hunsaker III as Vice President, Exploration effective August 27, 2007, Minterra confirms that it entered into a stock option agreement dated as of November 14, 2007 pursuant to which the Company granted Mr. Hunsaker an option to purchase 1,700,000 common shares of the Company. The option is exercisable at a price of $0.13 per share, vests in four equal tranches semi-annually over a two year period and expires on November 14, 2012. About Minterra Minterra is a gold exploration company based in Vancouver, British Columbia. It is focused on gold and copper-gold exploration in the Great Basin of Nevada and currently has 6 active projects in the Battle Mountain-Eureka Trend, the Walker Lane, and the Western Nevada Gold Belt. ON BEHALF OF THE BOARD OF DIRECTORS OF MINTERRA RESOURCE CORP. “John W. Greenslade" JOHN W. GREENSLADE, PRESIDENT For further information please contact John Greenslade, President, at (604) 687-6690 Investor Relations: Denby Greenslade (604) 687-6690. 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. | Featured News Minterra Identifies Gold Targets at CPG Property in Nevada
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Issuance of Shares to JR Exploration LLC |