X-Terra Resources Corporation

X-Terra Resources Corporation

February 28, 2008 09:00 ET

X-Terra Resources Discovers Gold In Northern Quebec

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 28, 2008) - X-Terra Resources Corporation (TSX VENTURE:XT) has received 2008 till sample results for the Lindsay property in Northern Quebec. The results indicated some very interesting till anomalies with up to 1.22 grams per tonne of gold. The company is highly encouraged by the results and will follow up on this program with more till geochemistry, ground prospecting and ground geophysics. The 100% owned Villedieu-Lindsay properties are located approximately 130 kilometres south of Rouyn-Noranda and 100 kilometres northwest of North Bay along the Quebec-Ontario border. The property is located approximately midway between the Elliot Lake uranium camp and the Abitibi gold belt camp.

The region has been targeted for its gold-uranium association, based on the occurrence of regional gold anomalies in stream sediments. The 2007 exploration program consisted of 76 till samples on a 1,000 metre by 500 metre grid, conducted on a portion of the area covered by the government airborne survey. The objective of the till sampling was to delineate isolated heavy mineral concentrate gold anomalies.


- One sample returned 1.22 g/t;

- Four samples over 0.2g/t or 200 parts per billion;

- One sample between 100 to 200 ppb;

- Eighteen samples between 21 to 50 ppb;

A radiometric survey for uranium is also planned on the northern portion of the property. A further airborne magnetic and electromagnetic survey, on 100 metre spacing combined with a diamond drill program to test gold and uranium targets will be executed in 2008. To view a location map of the 1490 hectares claim blocks please visit our website at www.xterraresources.com.

X-Terra Resources has appointed Martin Dallaire to the company's board of directors. Martin Dallaire is the President and a director of Fieldex Exploration and Visible Gold Mines. Mr. Dallaire obtained an engineering degree from the Universite du Quebec in 1992. Mr. Dallaire has more than ten years of experience in the financial industry, with particular expertise in managing and financing junior mining companies. Mr. Dallaire is also a member of the Surveillance Committee of the FERIQUE Funds since 2005. The surveillance committee mission is to monitor the Funds (1.4B$) , their yields, their investment policies and the managers.

About X-Terra Resources:

X-Terra is a mineral resources company focused on acquiring and exploring gold and uranium properties in Canada. X-Terra Resources has 6,776,671 shares outstanding.

Forward-looking Statements

This news release contains certain forward-looking statements. These forward-looking statements are subject to a variety of risks and uncertainties beyond the ability of X-Terra to control or predict, which could cause actual events or results to differ materially from those anticipated in such forward-looking statements, including risks disclosed in filings with the Canadian securities regulators made by X-Terra. Accordingly, readers should not place undue reliance on forward-looking statements.

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