Minterra Permits Drilling at Fish Project in Nevada: Financial News

Minterra Permits Drilling at Fish Project in Nevada
Tuesday February 19, 2:23 pm ET

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Feb 19, 2008 -- Minterra Resource Corp. ("Minterra" or the "Company") (CDNX:MTR.V - News) is pleased to announce that they have submitted the permit notification to the Bureau of Land Management (BLM) for the initial phase of drilling on the Fish Project in the Walker Lane Mineral Belt Nevada.

Detailed surface mapping and rock chip sampling has identified three target areas with gold values of less than 0.005 ppm to 10.05 ppm (0.293 ounces per ton) gold plus values of less than 0.2 ppm to 563 ppm (16.4 ounces per ton) silver. Zinc values are also highly anomalous returning from 11 ppm to greater than 10,000 ppm (over 30%) zinc. The highest values came from historic prospects and minor underground workings which are along dikes in possible fault zones that cut the favorable host rocks.

Phase 1 will drill 5,000 feet in seven reverse circulation drill holes. The target zones are labeled from south to north on the accompanying Target Zones Map. Drill holes at Targets 1, 2, and 3 will test down dip from surface rock chip sampling which returned:

 

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Target Zones        Gold                   Silver               Zinc
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Target 1    0.012 to 0.105 opt Au    0.92 to 9.8 opt Ag     0.7% to 8.0% Zn
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Target 2    0.006 to 0.043 opt Au   0.02 to 11.7 opt Ag            0.11% to
                                                        greater than 30% Zn
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                        less than             less than           less than
Target 3    0.001 to 0.293 opt Au   0.02 to 4.58 opt Ag    0.001 to 6.6% Zn
---------------------------------------------------------------------------

Target Sections A-A' and C-C' are idealized cross sections which indicate how the drill hole locations and orientations are designed to test the most prospective alteration, geology, and structural controls which could control economic mineralization. The geology and target mineralization on the sections is interpreted from the geologic mapping and surface sampling completed in 2007.

The Fish project is in the Lone Mountain Mining District of Esmeralda County Nevada and consists of 58 unpatented lode mining claims covering approximately 1275 acres. The property encompasses a widespread skarn-zone in the Proterozoic age Reed Dolomite and Deep Spring Formations cut by Tertiary age lamprophyric, silicic, and rhyolitic dikes and sills. The project area is adjacent to the Cretaceous age Lone Mountain Pluton which comprises the main massif of Lone Mountain

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, PRESIDENT

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.

To view maps of the Minterra Resource Corp. Fish Project-Target Zones, please visit the following link:

http://cnrp.marketwire.com/cnrp_files/20080219-minterra.pdf

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.