Terraco Gold Corp.
TSX VENTURE : TEN

Terraco Gold Corp.

January 29, 2007 08:00 ET

Terraco Appoints Richard DeLong to the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 29, 2007) - Terraco Gold Corp. (TSX VENTURE:TEN) ("Terraco") is pleased to announce the appointment of Richard F. DeLong, P. Geo., to its Board of Directors, effective today.

Mr. DeLong has worked in the minerals industry for over 25 years with experience as a geologist and environmental manager in all aspects of exploration and development in North America and overseas. Mr. DeLong, President and Principal Scientist of Enviroscientists, Inc., is an expert in mine and mineral exploration permit acquisition and environmental review. This expertise includes environmental site assessment services, the National Environmental Protection Agency ("NEPA"), United States mineral access permits, and the U.S. Environmental Protection Agency ("EPA") Toxic Release Inventory ("TRI").

Mr. DeLong is an appointed Commissioner of Mineral Resources for the State of Nevada, is a Trustee of the Northwest Mining Association, a member of the Nevada Mining Association, the Chairman of the Board of the Geological Society of Nevada, and a member of the Society of Mining Engineers.

Todd Hilditch, President of Terraco, stated, "We are extremely pleased to have Richard accept our invitation to join Terraco's Board of Directors. His broad experience within all aspects of the industry will help guide us in our growth for years to come."

Mr. DeLong holds two Master of Science Degrees from the University of Idaho, one in Geology in 1986 and the other in Resource Management in 1984, which he obtained while a Fellow at the Institute for Resource Management. He also received a Bachelor of Arts Degree in Geology from California State University at Chico in 1980. Mr. DeLong is a Professional Geologist in California and Idaho, and a Certified Environmental Manager in Nevada.

Richard DeLong has been granted 150,000 incentive stock options pursuant to Terraco's Stock Option Plan. These options will be exercisable at a price of $0.50 per share and will expire on January 29, 2012.

Terraco also announces that on January 26, 2007 it granted an additional 400,000 incentive stock options to directors, officers, employees, and consultants of the Company pursuant to its Stock Option Plan. These options will be exercisable at a price of $0.50 per share and will expire on January 29, 2012.

Terraco Gold Corp. is a mineral exploration company, listed on the TSX Venture Exchange under the symbol "TEN". Please visit Terraco's website at www.terracogold.com for additional information.

ON BEHALF OF THE BOARD

Todd Hilditch, President

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

Contact Information

  • Terraco Gold Corp.
    Todd Hilditch
    President
    (604) 639-3199 or Toll Free: 1-877-792-6688
    (604) 639-3197 (FAX)
    Website: www.terracogold.com