X-Terra Resources discovers gold in Northern Quebec



    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
    DISSEMINATION IN THE UNITED STATES/

    VANCOUVER, Feb. 28 /CNW Telbec/ - X-Terra Resources Corporation (XT-TSXV)
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.

    Gold

    - 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 Université du Québec 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.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.
    %SEDAR: 00004590E




For further information:

For further information: Laurent Hallé, President and CEO, (819)
762-0609, Fax: 819-762-0097, info@terraxmanagement.com

Organization Profile

X-Terra Resources Corporation

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890