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04.03.2010
Terra Ventures Inc.: Hathor Intersects 81.5 m of 1.59 % U3O8 at Roughrider Zone East, including a 13.5 m interval of 6.52 % U3O8 with assays as high as 68.1 % U3O8
Terra Ventures Inc.: Hathor Intersects 81.5 m of 1.59 % U3O8 at Roughrider Zone East, including a 13.5 m interval of 6.52 % U3O8 with assays as high as 68.1 % U3O8

VANCOUVER, March 3, 2010 – Terra Ventures Inc. (TSX-V: TAS) is pleased to provide an update on the Midwest NorthEast Uranium property in which Terra owns a 10% production carried interest. In a press release dated March 3, 2010, Hathor reported: “Hathor Exploration Limited (HAT:TSX-V) is pleased to announce assay results from drill hole MWNE-10-607, the first complete set of drill hole assays from the ongoing 2010 winter drill program at the Company’s Midwest NorthEast project in the Athabasca Basin, Saskatchewan. Highlights include:

 A composite interval of 81.5 m grading 1.59% U3O8.
 The composite interval includes 41 m of 2.61% U3O8, which itself includes 13.5 m of 6.52% U3O8 with individual assays as high as 68.1% U3O8 (Table 1 below).
 Alteration is pervasive throughout the composite interval; all core pieces are both altered and anomalous in radioactivity. For example: in the 13.5 metre interval, there are 26 half metre samples, of which only one is less than 500 ppm U3O8, and it is well above background.

A full list of assay data is available on the Company’s website at www.hathor.ca.

 Similar to Roughrider, arsenic and selenium contents are low.
 Mineralization spans a vertical extent of 100 m down from the unconformity.
 There is no preferred host rock to mineralization and alteration; ALL basement rock types are affected, including both the Wollaston Group pelitic gneisses and the overlying hanging wall of granites and pegmatites.

Please find the table with the results under the following link: http://www.irw-press.com/dokumente/Terraventures030310table.pdf

Dr. Alistair McCready, Hathor's Exploration Manager, said: “These assays confirm the uranium potential that originally excited our exploration team in the field; seeing core box after core box of altered and radioactive core delivered from hole after hole at the new RRZE discovery. I am excited about once again intersecting high grade mineralization associated with massive to semi-massive pitchblende, but the fact that we are now intersecting broad and continuous sections of altered and radioactive rock with proven elevated uranium content throughout gives us something entirely new to be excited about; namely, the potential for broad and continuous composite sections of mineralization, and in three dimensions, large volumes of continuously mineralized rock.”

This News Release provides assay data for previously released geology and radioactivity data for drill hole MWNE-10-607 (NR dated February 25, 2010). Drill Hole MWNE-10-607 is shown on both plan maps (Figures 1 & 2) and cross sections (Figure 5) which accompanied the previous release and are posted on the Company’s website at www.hathor.ca. As is shown on Figure 2, drill hole MWNE-10-607 is part of the first along-strike step-out drill fence of four holes which is located 25 m along strike to the west of the original discovery at Roughrider Zone East (RRZE) in 2009 at hole MWNE-09-170 (28 m of 12.8 % U308; News Release dated 12 November 2009). Overall, there is the potential for 400 m of along-strike continuity along the controlling 070o structure between RRZE and the western end of the original Roughrider deposit (see Figure 1).

The Midwest Northeast Property is located along strike to the north of the Midwest and Midwest A uranium deposits. The Roughrider deposit is accessed by a 6 km winter road connected to Highway 955. The property is approximately 8.5 km north of the community of Points North, the main service hub for northereastern Saskatchewan (see regional plan map on the Company’s website at www.hathor.ca).

Samples were analyzed for U3O8 at the Geoanalytical Laboratories of the Saskatchewan Research Council (SRC). The facilities used for the analysis operate in accordance with ISO/IEC 17025:2005 (CAN-P-4E). The samples were analyzed using ISO/IEC 17025:2005-accredited U3O8 method. The samples were analyzed for a suite of other base metal elements including nickel, cobalt, copper and lead by ICP-ES. Select samples will be analysed for precious metals including gold, platinum, palladium and rhenium. These results will be released upon receipt of all results. Dry bulk density determinations will also be carried out on the drill core.

Terra Ventures Inc. owns a 10-per-cent interest, carried until a decision is made to go to production, in the Midwest NorthEast property.

Benjamin Ainsworth, P.Eng., a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.”

For further particulars about Terra Ventures, please contact Gunther Roehlig, President, at 1-866-683-0911 or visit the Company’s website at www.terrauranium.com.

On behalf of the board of directors of
TERRA VENTURES, INC
“Gunther Roehlig”
Gunther Roehlig, President

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.

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.


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