Teras Resources Inc. is a Canada-based company, which is engaged in the acquisition and exploration of mineral property interests in Montana, Nevada and California. The Company holds interest in approximately seven properties, including Cahuilla, Sunny Slope, Gold Point, Corral Canyon, Superstition Mountain, Golden Jubilee mine and the Watseca property. The Cahuilla project is located in northwest Imperial County, California. The Sunny Slope gold mine is a high-grade, quartz-gold vein system hosted in metamorphosed sedimentary, volcanic and intrusive rocks. The Gold Point property is located in Sierra County, California. The Superstition Mountain Gold Property consists of over six unpatented claims and is located in Imperial County, California approximately 20 miles northwest of the town of El Centro. The Corral Canyon Gold Project is located in Churchill County, Nevada. The Watseca Mill Property is located in Rochester Basin, Montana, and includes a mill site and mining claims.