Certain information contained or incorporated by reference in this presentation and related material, including any information as to our strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance, constitutes forward-looking statements. All statements, other than statements of historical fact, are “forward-looking statements”. Generally “forward-looking statements” can, but not always, be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “budget”, “envisages”, “schedule”, “estimates”, “forecasts”, “proposes”, “intends”, “anticipates “ or “does not anticipate”, or “believes”, or variations of such words and phrases, or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by the Corporation, are inherently subject to significant business, economic and competitive uncertainties and contingences. Known and unknown risks, uncertainties and other factors may cause the actual results to differ materially from those projected in the forward-looking statements and those forward-looking statements are not guarantees of future performance. Such factors include, but are not limited to: the interpretation of drill results and the estimation of mineral resources and mineral reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Corporation’s expectations, metal price fluctuations, environmental and regulatory requirements, availability of permits, accidents, equipment breakdowns, title matters, labour disputes or other unanticipated difficulties with or interruptions in exploration or development activities, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, failure to obtain adequate financing on a timely basis, and other risks and uncertainties. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in forward-looking statements made by or on behalf of the Corporation . Accordingly, readers are advised not to place undue reliance on forward-looking statements. Except as required under applicable securities legislation, the Corporation undertakes no obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. The Corporation has not done the work necessary to verify any mineral resources currently present at or postulated for the projects. The historical assays and production figures are non-National Instrument 43-101 compliant. TSX.V: TEN Safe Harbor Statement
Properties generated by two proven mine finders
Moonlight property adjoins the Barrick/Midway JV of Spring Valley
Nevada Property Map
Moonlight Project Pershing County, NV
21 miles northeast of Lovelock, Nevada in the Humboldt Range.
Regional proximity to historic success:
Moonlight District Developing Humboldt Trend
7 Square mile property package
Adjoins Barrick/Midway Spring Valley JV Project
New Nevada precious metals trend.
The district has reportedly yielded more than 125 million ounces of silver and 1,500,000 ounces of gold (Non 43-101 compliant).
Note: Ag:Au ratio’s are for illustrative purposes only. Non 43-101 compliant.
A g :A u 100:1 A g :A u 1:1 A g :A u 2:1 A g :A u 2:1 TSX.V: TEN
Coeur d'Alene Rochester Mine is 5 miles south of Moonlight.
125 million oz of silver and 1 million oz of gold.
One of the largest producing silver mines in North America over the past 20 years.
Elephant Country The Rochester Mine TSX.V: TEN
Moonlight Project Pershing County, NV Looking southeast from the Moonlight property towards Barrick/Midway Spring Valley and Coeur’s Rochester Mine Terraco Gold Corp. Moonlight Project TSX.V: TEN JV with Barrick
Moonlight Project Pershing County, NV Looking north over Moonlight property TSX.V: TEN
Moonlight Basin Alluvium cover resulting from erosion of Humboldt Anticline, the possible ceiling fluid trap to the local basin(s). Provides hidden targets like at Spring Valley. TSX.V: TEN
One of the highest producing gold placer districts in the history of Nevada. Note the placers downstream from each of the basins.
Spring Valley placers produced up to 100,000 oz gold, while the district produced up to 500,000 of placer gold from others including Dry Gulch, American Canyon and Indian Creek at Moonlight.
Note the structural control of the Black Ridge Fault coming from the south.
TSX.V: TEN District Placers
3 units comprise the core of the Humboldt Range and are the host rocks for precious metal deposits at Spring Valley and the Rochester Mine.
Midway’s Spring Valley basin hosts the covered or “blind” Pond deposit.
Terraco’s Moonlight Basin appears to be very similar to Spring Valley.
TSX.V: TEN Basin Prominence
Barrick/Midway JV = NI 43-101 resource of 1,835,000 ounces of gold to date. (Last updated Dec 2008)
The JV requires >= $5 million to be spent by Barrick in 2010. The JV calls for Barrick to spend $30 million by December 2013 for 60% ownership. Barrick the option to purchase up to 70% if Spring Valley goes into production.
Barrick drilling returned 339 ft of 0.037 opt Au, 52.5 ft of 0.889 opt Au & 5 ft of 9.101 opt Au
TSX.V: TEN Barrick/Midway JV
“ All of Midway’s exploration permits have been assigned to Barrick so they may test to the north and south of the resource where there are untested area’s with unmistakable potential for growth.”
--- November 30, 2009 Midway
Limerick Basin Target Moonlight Basin TSX.V: TEN Good Neighbours
Moonlight Project Drilling to date
Initial drilling of the Moonlight Basin
15 reverse circulation holes totaling 9,990 feet.
Anomalous gold and silver mineralization spans the basin.
8 of 15 holes included anomalous silver.
2 of the 8 holes included anomalous gold.
Northeast of the Moonlight Basin
8 of 9 holes included anomalous silver.
Identified high-grade silver one mile north of the Moonlight Basin between two past producing silver mines (Phlueger & Moonlight).
Hole TML 27 included 5 feet of 6.14 opt silver within 80 feet of 1.03 opt silver.
Hole TML 24 included 5 feet of 3.37 opt silver within 70 feet of 0.55 opt silver.
Post Phase I Sampling (east of Phase I
Samples taken from a dump reported 11.86 gpt (0.345 opt) gold and 139 gpt (4.054 opt) silver.
A 5-foot chip sample reported 4.77 gpt (0.139 opt) gold and 74.1 gpt (2.161 opt) silver.
Terraco has completed 25 drill holes
to date at Moonlight.
Drill Targets TSX.V: TEN
Middlegate Churchill County, NV
Five miles southwest of the town of Middlegate Churchill County, Nevada.
Regional proximity to historic success:
-Paradise Peak, Wonder, Fairview & Rawhide.
Property generated by Ken Snyder, PhD, P.Geo.
Rock Samples reported:
-9.2 gpt (0.268 opt) gold
-38.5 gpt (1.12 opt) silver.
East of Main Pit:
-5.0 gpt (0.146 opt) gold
- 39.7 gpt (1.16 opt) silver
-6.44 gpt (0.207 opt) gold.
Phase I Drilling
Terraco intersected a large altered zone from surface to 245 feet. Drilling included anomalous gold in 6 of 8 holes during Phase I drilling.
Additional drilling under discussion.
Corporate Profile President & CEO Todd Hilditch, BSc Finance Directors Todd Hilditch, BSc Finance William Lamb, MBA Alfred Fischer, P. Geo. Richard Delong, P. Geo. Advisory Geological: Ken Snyder, PhD, P. Geo. Corporate: Matt Johnston, BBA Vice President, Exploration Charles Sulfrian, P. Geo. Chief Financial Officer Bryan McKenzie, CA TSX.V: TEN
Capital Structure TSX.V: TEN Shares Outstanding 46,516,691 Options 2,995,000 Warrants 4,000,000 Fully Diluted 53,511,691