Terra Firma Retains Micromine for Gold and Copper Property in South Sulawesi, Indonesia
April 26 2011 - 9:12AM
Marketwired
Terra Firma Resources Inc. (TSX VENTURE: TFR) ("Terra Firma" or
"the Company") is pleased to announce that the Company, through its
wholly owned Indonesian subsidiary PT. Terra Mineral Resources
Indonesia, has retained Micromine Consulting Services to provide NI
43-101 oversight for its newly acquired Mallawa Gold Copper
Property located in South Sulawesi, Indonesia. Micromine will also
be preparing a full NI43-101 report on the Mallawa Gold Property
located in South Sulawesi for the Company.
Micromine Consulting Services (MCS) provides geological and
mining consulting services to mineral resource companies in Russia,
China, Mongolia, Indonesia, Europe, Central Asia and neighbouring
Countries. MCS consultants are experienced geologists, mining
engineers, metallurgists, surveyors, database managers and GIS
specialists with extensive experience in metals, energy and
construction. MCS is a division of Micromine Pty Ltd, the
award-winning Australian technology and software solutions provider
to the exploration and mining industry. Through its parent company,
MCS serves its clients through a network of existing offices
located within key regions and at major mining centres around the
World. MCS can complete studies to local and International
reporting standards including JORC, N143-101, SAMREC, SEHK (Chapter
18), AIM, China MLR, Russian, Ukraine and Central Asian GKZ (State
Commission on Mineral Reserves) and PERC (Pan-European Reserves and
Resources Reporting Committee) standards.
Brian Buchanan, CEO of Terra Firma, said, "We are excited to
start our NI43-101 compliant exploration program, along with
completing a NI43-101 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.
Contacts: Terra Firma Resources Inc. Brian Buchanan CEO and
Director (604) 681-5566 (604) 683-1055 (FAX)
buchanan@terrafirmaresources.com www.terrafirmaresources.com
Tribeca Capital Partners Inc. Jamie Hyland (778) 938-8760 (604)
756-2995 (FAX) jamie@tribecacap.com www.tribecacap.com