Standard & Poor’s announced today that it has commenced Factual Stock Report coverage Terra Ventures, Inc. About Terra Ventures Inc. Terra Ventures Inc. (TSX-V: TAS; OTCQX: TASFF; FSE: G7K), trades in the United States on OTCQX under the symbol “TASFF”. Terra Ventures is a junior exploration company focused on acquiring and developing quality uranium projects which have world class potential. The Company’s combination of strategic land positions, prospective exploration projects and no risk carried interest projects - combined with technical expertise and management’s fundraising ability - are the foundation for growth in the uranium business. Terra’s two main assets are a carried interest in Hathor Explorations Midwest Northeast Property containing the Roughrider deposit - 27.88MM lbs U3O8 at 2.88% including 24.2MM lbs at 11.7%. An updated resource estimate incorporating Roughrider Zone east is due out Q1 2011 and a three rig drill program is underway. The program is expected to run for the duration of the winter season. Between 35 and 40 holes are planned, for approximately 15,000 meters in total. Terra’s interest is fully carried to completion of bankable feasibility study. Terra recently acquired 3 claims (designated C-4, C-5 and C-6) adjoining the Wheeler River property of Denison Mines Corp. (60%), Cameco Corp. (30%) in the southeastern part of the Athabasca Basin containing the "Phoenix deposit" – 35.6MM lbs U3O8 at 17.99% indicated and 3.8MM lbs U3O8 at 7.27% inferred. The C-6 claim lies approximately one kilometer north of the Phoenix A & B zones. The Property lies midway between the producing McArthur River uranium mine and the former producing Key Lake uranium mine. Previous airborne EM surveys have defined conductors on the C-4 and C-5 blocks. Previous drilling in the area has resulted in the recognition of a broad zone of clay alteration of the type that is always associated with unconformity-type uranium mineralization in the Athabasca Basin. There is also evidence from prior drilling that a quartzite ridge in the basement, similar to that which appears to be at least partially responsible for localizing the giant McArthur River ore body and the Phoenix zones, is present on the C-5 block.
A program of boulder sampling carried out (by a previous operator) in 2009 confirmed the widespread clay alteration in the property area. Illite is the dominant clay mineral, with local "hot spots" of kaolinite and dravite. Geochemical analysis of boulder samples also indicated extensive anomalies in uranium and pathfinder elements.Terra plans a program of ground geophysics (IP, resistivity and seismic surveys) on the properties followed by diamond drilling. The company has received permits for these programs. Technical information in this news release has been prepared and/or revised by Mike Magrum, PEng, director and qualified person as defined in NI 43-101 for Terra. About Standard & Poor's Factual Stock Reports This Standard & Poor’s service provides factual research coverage enabling information about Terra Ventures, Inc. and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company’s fundamentals and business prospects. Currently profiling over 500 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks. Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor’s. Standard & Poor’s Factual Report research has no access to non-public information received by other units of Standard & Poor’s. Standard & Poor’s does not trade on its own account. Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P’s STARS research) are eligible to obtain this coverage. About Standard & Poor's Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 10,000 employees, including wholly owned affiliates, located in 23 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6606519&lang=en