Teras Provides Technical Studies Update

March 31st, 2016

Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA - News): Teras is pleased to announce that the Company has made significant progress regarding its ongoing technical studies at its Cahuilla project located in Imperial County, California. The Cahuilla Project is a large epithermal, paleo-hot springs system hosting multiple bonanza-grade veins within an extensive body of disseminated gold/silver mineralization. For further information on the Cahuilla project refer to the NI 43-101 technical report entitled “Cahuilla Property 43-101 Technical Report,” filed on Sedar.

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