| January 7, 2008
Minterra Identifies Large IP Anomaly at Majuba Hill Project in Nevada
Minterra Resource Corp. (“Minterra" or the “Company") is pleased to report that the results from the IP Geophysical Survey completed at the Majuba Hill Project in Nevada indicate an extensive near-surface anomaly zone (See attached IP Survey Map). The IP program completed by Zonge Geosciences was supervised by Jim Wright and consisted of three widely spaced lines that were oriented to test the intrusive setting of the main portion of the project area. These lines utilized a dipole length of 300 meters and were planned to explore the deeper portions of the Majuba Hill District. Preliminary results identified moderate to strong IP anomalies which came close to the surface on Line 2 and appear to be at the surface on Line 3. Follow-up surveys were completed utilizing a dipole length of 100 meters on Lines 2 and 3. They further defined strong near-surface and surface anomalies which underlie and are adjacent to surface oxide copper-bearing zones mapped earlier in the 2007 field season. The flat-bottomed geometry of the anomalies and the geology of the historic Copper Stope (Myler Target area) suggest that the IP results could indicate a supergene chalcocite zone. The interpreted shape of the anomaly is over one mile long. The orientation and location of the anomaly corresponds to the surface oxide copper zones outlined during 2007 and the mapped geology. Follow-up field mapping and sampling is planned to help locate drill targets to test these zones. 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 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. | |


