Teras Resources Inc (TSXV: TRA)
The Company’s asset portfolio consists of several projects in desirable
districts in USA. Properties in California, Nevada and Montana which have shown historical high grade mineralization. Its flagship project is “Cahuilla” which is located in the mining friendly district of Imperial County, California. The project contains an indicated resource of 1 million ounces of gold and 11.0 million ounces of silver and an inferred resource of 110,000 ounces of gold and 954,000 ounces of silver.
Cahuilla has excellent exploration potential and is close to infrastructure.
The Company is focused on increasing the global resource size and grade.
Cahuilla is currently permitted for drilling 2,000 additional holes.