Terrane Metals Corp is a Canadian mineral development and exploration company. The cornerstone of our business plan is to develop large-scale mineral deposits with defined resources into operating mines.

Mt. Milligan is an advanced stage copper-gold resource in central British Columbia, Canada with a Measured and Indicated resource of 5.5 million oz of gold and 1.9 billion lb copper. On October 16, 2007 Terrane Metals announced a Preliminary Economic Assessment of Mt. Milligan completed by Wardrop Engineering Inc. Upon development the project will have an average annual production of 273,300 oz gold and 97 million lb copper for the first six years of a 14.5 year mine life. Terrane Metals will complete a full Feasibility Study in Q1 2008.

The Technical Report for the Mt. Milligan Preliminary Economic Assessment can be viewed here.

The Mt. Milligan Preliminary Economic Assessment Pre-Tax Metal Price Matrix can be viewed here.

Terrane Metals is also rapidly advancing the Berg copper-molybdenum-silver project, 22 km northwest of the Huckleberry Mine in west-central British Columbia. In 2007 Terrane Metals completed a 29 hole - 11,289 metre core drilling program at Berg to test for continuation of the historic resource laterally and at depth and to provide modern data for a NI43-101 compliant resource estimate.

Terrane Metals has the management team, financial resources and capital markets expertise to unlock the true potential of these assets and maximize shareholder value. Terrane currently trades on the TSX Venture Exchange under the symbol TRX.