John Greenslade, President of Minterra Resource Corp. (the "Company"), is pleased to announce that based upon the encouraging results received from the phase 1 drilling program at the Eden project in January 2005, the company initiated a Phase 2 drilling program which began on June 3, 2006. In addition, the company has significantly increased its Golden Snow land position and advanced the exploration programs on four of its projects.

Golden Snow Project Land Position Increased - New Claims cover Southern Structural Extensions from Staccato Gold's South Eureka Property; Geophysical Results Pending

The Company has located an additional 103 claims and leased 31 claims (the EP claims) from JR Exploration, a Utah Limited Liability Company. The Golden Snow project now covers approximately 5100 acres (234 claims) on the Battle Mountain - Eureka Trend and is contiguous to the southern end of the South Eureka Project held by Staccato Gold Resources Ltd. (TSX-V symbol "CAT"). The project is located approximately 8 miles south of the East Archimedes gold deposit (formerly the Archimedes Mine operated by Homestake Mining Corp.) where Barrick Gold Corporation is currently developing an open pit gold mine.

The Eureka district is at the south end of a northerly trending series of intrusives. Within the district a prominent north-south alignment of gold deposits trends on to the Golden Snow Project (see attached map). High-grade intercepts by Staccato on the adjacent ground appear to be adjacent to a fault zone which published mapping shows as a district scale structure that projects into the Golden Snow claims. The published mapping was supported by public domain gravity and magnetic geophysical data.

Minterra recently completed an extensive gravity survey and a detailed ground magnetic survey across the Golden Snow project. Interpretation of the data by consulting geophysicist James Wright is underway. Pending completion of detailed geologic mapping and interpretation of the geophysical data a soil sampling program will be initiated. Based on the results and compilation of the geological, geophysical, and geochemical programs drill holes will be planned

The Company will acquire the EP claims under a 10 year lease-option agreement by paying an initial $5,000 advance royalty payment which escalates to $30,000 at year 5, issuing JR Exploration 20,000 shares in the capital of the Company, and paying all claim staking and filing costs. The claims are subject to a 3% NSR with a buy down provision.

Phase 2 Eden Drilling Begins

Encouraging results from the Phase 1 reverse circulation drilling on the Eden project (ED-4 returned 40 feet from 565-605' averaging 0.023 oz Au/ton (0.785 g/t) within 135 feet from 500-635 averaging 0.014 oz Au/ton (0.495 g/t). These results suggest that the gold thickness and grade is increasing towards the southern portion of the Eden fault zone as well as increasing with depth. The Phase 2 program of four holes is planned to drill approximately 5,000 feet beginning June 3, 2006.

Additional Drilling Permitted at Elder Creek and Toy Projects

Phase 2 drilling is permitted at Elder Creek and a rig is tentatively scheduled for late August. Phase 1 drilling intersected the Roberts Mountains Formation at a depth of 2,176 feet in diamond drill hole EC-2; additional data acquired during the Phase 1 drilling indicated that the portions of the historic Elder Creek pit mined for higher gold grades are about 400 to 600 feet northeast of the Phase 1 drill site. The Phase 2 program is designed to test the Roberts Mountains Formation beneath the historic high-grade zone.

Drill permits are also complete for the Toy project which is located approximately 20 miles south of the Cortez Gold and Pipeline deposits and one mile south of the historic Toiyabe open pits mined during the 1980's. Geophysical and geochemical surveys completed during the 2005 field season indicate a north-south fault fabric. Along the fault zone prominent geophysical anomalies were identified adjacent to cross-cutting northeast faults. The soil geochemistry results outlined gold, arsenic, and antimony anomalies that are coincident with the indicated faults. Five drill holes are planned to test these zones and the program is tentatively scheduled for August or early September (earlier if the drill rigs are available).

Agate Pass Geophysics in Progress

The 2006 Agate Pass project exploration is currently in progress. Surface geologic mapping is underway and a detailed gravity program is nearing completion. Initial mapping is focusing along a northwest trending structural zone. Historic surface rock chip samples collected along this zone contain up to 2.01 ppm gold and include samples with 1.78, 1.16, and 1.1 ppm gold. Detailed mapping of the outcroppings in this zone has outlined highly brecciated and silicified siltstone with multi-stage open-space quartz-veining and in rocks that are strongly iron-stained. One of these zones is over 1,500 feet long and is cross-cut by several east-west trending, pyrite-bearing quartz veins. A program of rock chip sampling within these breccia zones is scheduled for late June and early July. Pending the results of the geologic mapping and geophysics a soil sampling program will be initiated.

Minterra has a 100% interest (subject to a NSR royalty) in Golden Snow and Agate Pass. The Elder Creek, Eden, and Toy project are subject to an option agreement with Mill City Gold Corp. pursuant to which Minterra has the option to earn a 70% interest.

John W. Greenslade, P.Eng, 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.

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