| December 7, 2005
Eden Project Drilling to Commence in January 2006
Eden Project Nevada to be drilled John Greenslade, President of Minterra Resource Corp. (the "Company"), is pleased to announce that exploration at the Eden project, Nevada has identified a low sulfidation type gold system and that permitting and bonding has been completed to permit drilling to commence. The Company has confirmed availability of a reverse circulation drill rig and subject to weather it is anticipated that a 6,000 foot drill program could commence within the first two weeks of January 2006.
EDEN PROJECT DRILLING TO COMENCE JANUARY 2006
The Eden project is a large, low-sulfidation type, epithermal gold system with surface geology and geochemistry very similar to the historic Sleeper Gold Mine (over 2.0 million ounces gold produced), the Florida Canyon Mine (over 2.0 million ounces) and the Midas Deposit (3.4 million ounces) that Newmont Mining Corporation is currently mining. Sleeper, Florida Canyon and Eden are all located within what is known geologically as the Western Nevada Rift. The Eden project is located approximately 14 miles south of Winnemucca, Nevada and is adjacent to the freeway that runs from Salt Lake City to Reno.
Phase 1 work at Eden has defined a low-sulfidation type gold system which has classical, prominent zonation-features along the Eden fault zone. The fault zone trends north-northeast for more than three miles and is up to 800 feet wide. Zonation features outlined include:
Economic gold deposits typically occur in and around the boiling zones within low-sulfidation type gold systems.
Minterra has completed detailed geologic mapping and surface geochemistry. This data was combined with historic surface rock-chip sampling and previous drilling and it defines specific, low-sulfidation style features (see attached map). Rock chip assay results outline zones that directly coincide with these prospective, low-sulfidation style features. The southern and central portions of the main Eden fault zone returned up to 0.951 ppm gold (0.03 oz Au/ton), 6,160 ppm arsenic, and 8.0 ppm mercury. These results occur in quartz (and quartz-sulfide) vein-filled portions of the structure and correlates with the alteration which typically occur immediately above the gold-bearing parts of these systems. Results suggest that in the south and central areas target zones should occur at depths of 500 to 1000 feet. High mercury values of up to 32 ppm mercury in the north, indicates the upper parts of the low-sulfidation system. This is a very good indicator of areas where drill holes can be located to test for economic gold deposits along the deeper parts (1000 to 1500 feet) of the Eden fault zone.
Drilling during the 1980's explored for the large low-grade open pit type of deposits that were being mined during that period. The drilling focused on the enormous geochemical and alteration halo that occurs around the Eden fault controlled, structural core of this low-sulfidation gold system. Historic drilling returned up to 100 feet of detectable gold. Only four (4) holes were located within the 3 mile long Eden fault zone. All of the holes were vertical, and tested to depths of 400 feet or less. None of the drilling explored for the structurally controlled, boiling zones that typically are associated with high-grade, economic ore bodies.
John W. Greenslade, P.Eng., a Qualified Person has reviewed the technical disclosure contained herein and accepts responsibility for such disclosure. 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.
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