Terraco Gold Corp.
TSX VENTURE : TEN

Terraco Gold Corp.

April 05, 2007 15:54 ET

Terraco Increases Private Placement Up to $4,000,000

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 5, 2007) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Terraco Gold Corp. (TSX VENTURE:TEN) ("Terraco") is pleased to announce that it has increased, subject to regulatory approval, its non-brokered private placement announced on April 2, 2007, by an additional 3,000,000 units ("Units") from 5,000,000 Units to up to 8,000,000 Units at a price of $0.50 per Unit. Gross proceeds have increased to up to $4,000,000 from $2,500,000. All other terms of the private placement, as previously announced, remain the same.

Terraco is currently focused on its Moonlight Property. Moonlight is located 21 miles northeast of Lovelock, in Pershing County, Nevada in the Humboldt Range and 5 miles north of Coeur d'Alene Mining Company's Rochester Mine. Midway Gold Corp.'s ("Midway") Spring Valley Project adjoins Moonlight to the south. At Spring Valley, Midway has reported drill intercepts that include highlights of 105 feet of 0.325 opt gold (11.21 gpt Au), 215 feet of 0.137 opt gold (4.72 gpt Au), and 123 feet of 0.169 opt gold (5.83 gpt Au).

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.

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