Teras Resources Inc. is a Canada-based junior mining exploration and development company. The Company focuses on the creation of shareholder value through applying geology, geochemistry and geophysics to explore and develop gold and base metal properties in known producing areas of North America. The Company has various gold exploration projects located in Montana and Nevada, the United States. Its Watseca Mill Property is located in Rochester Basin, Montana, which includes a mill site and 13 mining claims, which contain exploited and untested gold vein deposits. Its Cahuilla project is located in northwest Imperial County, California. The Cahuilla Project is an epithermal, sediment-hosted, hot springs vein, stock work and disseminated gold-silver system hosted along a major east-west striking structural zone. The Company's Golden Jubilee property consists of approximately 22 mineral lode claims (approximately 227 acres) located in Granite County, Montana.