Terra Ventures Inc.

Terra Ventures Inc.

March 27, 2007 10:11 ET

Terra Contracts Second Airbourne Survey for its Athabasca Basin Uranium Properties

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 27, 2007) -

Greig Hutton reports:

Terra Ventures Inc. (TSX VENTURE:TAS) announced today that it has contracted Geotech Ltd. to perform a helicopter-borne VTEM geophysical survey over parts of its Black Lake uranium properties in the Athabasca basin. The airborne survey will be carried out throughout March and April of 2007. This geophysical survey will be conducted over a minimum of 3,235 line kilometres, to be flown at 200-metre line spacing. The VTEM survey system consists of magnetic and electromagnetic components and is used extensively in the Athabasca Basin to define conductors in the basement and alteration zones in the overlying Athabasca sandstone.

The Black Lake properties are located on the northeast margin of the Athabasca Basin near Black Lake. The depth to basement on the properties ranges from 0 to only 200 meters. Some of the properties are located on or adjacent to Snowbird Tectonic Zone which separates the Rae Province on the west from the Hearne Province on the east.

"This VTEM survey continues Terra's aggressive exploration strategy of working to upgrade properties to the drill ready stage," says Mike Magrum, head of Terra's Technical Advisory Board.

In 2004, the Athabasca basin hosted the world's richest uranium mines and provided 30 per cent of the world's uranium needs. Uranium discoveries continue to be made in the Athabasca Basin.

Mike Magrum, P.Eng, a qualified person under National Instrument 43-101, has approved the technical content of this news release.

On behalf of the board of directors of


Greig Hutton, President

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

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