Terra Firma Resources Inc.
TSX VENTURE : TFR

Terra Firma Resources Inc.

May 03, 2011 09:18 ET

Terra Firma Deploys Indonesian Field Team to Begin Work Program on Gold and Copper Property in South Sulawesi, Indonesia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 3, 2011) - Terra Firma Resources Inc. (TSX VENTURE:TFR) ("Terra Firma" or "the Company") is pleased to announce that it has deployed its Indonesian field team to commence the initial exploration program at its Gold and Copper Property in South Sulawesi, Indonesia.

The initial field exploration program will be completed in two phases. The first phase will consist of geological mapping including structural, lithology and alteration mapping. The second phase of the program will consist of digging and sampling of trenches and test pits.

The locations of these will be based on information gathered during the first phase of the program. All samples collected from the property will be submitted to Intertek's Jakarta lab for geochemical analysis. The exploration program is expected to last approximately 5 weeks and will be led by Senior Geologist Andri Subandrio, with oversight being provided by Geologist Johannes Erasmus, Associate Senior Geologist of Micromine Consulting Services.

Geologist Johannes Erasmus is a Qualified Person as defined by National Instrument 43-101. Johannes Erasmus will be the Qualified Person for this and future work programs on the South Sulawesi Property. Mr. Erasmus has a B.Sc (Geology) from the University of South Africa and an MSc (Mineral Economics) from the School of Mining Engineering at the University of Witwatersrand. Mr. Erasmus has more than 30 years experience in both mining and exploration and has been responsible for the management of numerous exploration programs around the world.

Brian Buchanan, CEO of Terra Firma said, "We are excited to start our NI43-101 compliant exploration program, along with completing a NI 43-101 report on this prospective Gold and Copper property acquisition in Sulawesi. This property fits well into our plan to develop a balanced portfolio of properties through a combination of grassroots prospecting, property acquisitions and the formation of strategic relationships in Sumatra and Sulawesi, Indonesia."

About Terra Firma Resources

Terra Firma is a mineral exploration company headquartered in Vancouver, BC, Canada. The Company's objective is to develop a balanced portfolio of properties through a combination of grassroots prospecting, property acquisitions and the formation of strategic relationships. The Company is currently investigating a number of potential prospects in Sulawesi and Sumatra. Indonesia. The company currently has the option to acquire 75% of the issued and outstanding shares of Mutiara. Mutiara is an Indonesian mineral exploration company that holds a mineral exploration license in respect of an initial 800 hectare property in South Sulawesi, Indonesia (the "Mallawa Property") which is prospective for Gold and Copper. In addition, Mutiara is expected to acquire an additional 10,000 hectares of prospective lands located within the 25 kilometre radius "area of interest" defined in the MOU.

If you are not currently on the Terra Firma updates list, please send in your email address to info@terrafirmaresources.com. The Company will send out regular updates and news releases to everyone who asks to be on the list.

For further information about the Company visit the website at www.terrafirmaresources.com or SEDAR at www.sedar.com or Jamie Hyland, Tribeca Capital Partners Inc. at (604) 998-4730.

ON BEHALF OF THE BOARD

Brian Buchanan, Chief Executive Officer and Director

This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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