TAS Terra Ventures

Terra Ventures Inc. (TSX VENTURE:TAS) is please to provide an update on the
Midwest Northeast Uranium property in which Terra owns a 10% production carried
interest. In a press release dated June 8, 2010, Hathor reported:


Hathor Exploration Limited (TSX VENTURE:HAT) announces the highest
grade-thickness intersections to date from the Roughrider uranium deposit at
it's Midwest Northeast Project in the Athabasca Basin, Saskatchewan. Please
visit the Company's website at www.hathor.ca to view updated figures and tables
referenced herein. This infill drilling has discovered new mineralization in the
west-central part of the deposit. Highlights of assays include:




1.  INFILL: Intersections of high grade uranium mineralization BOTH within
    and below the lower grade outer shell of the Initial Resource Model. 
    Drill Hole MWNE-10-204: 7.5 m of 43.64 % U3O8 
    Drill Hole MWNE-10-205: 4.5 m of 16.44 % U3O8 
    Drill Hole MWNE-10-209: 23.0 m of 24.31 % U3O8, including 9.5 m at 55.91
    % U3O8 
    Drill Hole MWNE-10-212: 3.5 m of 10.23 % U3O8 

2.  EXTENSION: Intersections of high grade mineralization adjacent to and
    outside of the Initial Resource Model. For example: 
    Drill Hole MWNE-10-210: 24.5 m of 1.09 % U3O8, 
    Drill Hole MWNE-10-214: 15.0 m of 0.44 % U3O8, 



Figure 3 and Figure 4 show the importance of the new intersections in Area 2:
they confirm significant high grade mineralization in areas classified in the
Initial Resource Model as weak or non mineralized. These new intersections
emphasize the strength of the mineralizing system at Roughrider and confirm the
potential to increase the resource model for the deposit. These results confirm
the preliminary scintillometer data released as drilling progressed in Area 2
(see April 15, 2010 NR).


High grade mineralization in Hole 209 is characterized by higher than normal
core loss. However, equivalent uranium (eU3O8) data derived from down-hole gamma
probe data and geochemical assay data correlate well, as shown in Table 1.


This is the third and final set of assays from the 27,000 metre, 77 hole 2010
winter drill program on the Roughrider uranium deposit at its Midwest Northeast
property in the Athabasca Basin in northern Saskatchewan. Figure 1 on the
Company's website shows the 400 m strike length potential of the Roughrider
uranium deposit and Roughrider East discovery. Figure 2 shows the location of
the 47 drill holes completed for 14,978m on the Roughrider deposit this winter.
This release covers Areas 2 and 4 shown on Figure 2 . A total of 13 drill holes
were completed in Area 2 for approximately 4,368 metres. The holes span grid
lines 5 E to 25 E in the west-central part of the deposit. There were only 6
drill holes completed for 1,566 metres in Area 4, the fewest holes in any of the
4 areas. There are no material intersections to report from Area 4, with more
drilling yet required to complete it's full evaluation. Supporting geochemical
data for both areas are in Table 2 and Table 3.


Included with this release is Table 4, data for uranium intersections in drill
hole MWNE-10-211, the final hole yet to be reported in Area 3 of the deposit
(see previous NR dated June 02, 2010, with Area 3 results).


As shown on Figure 2, Area 2 includes parts of both the high grade core shell of
mineralization ( greater than 5% uranium oxide) and the lower grade outer shell
of mineralization ( less than 5% uranium oxide), as defined by the Initial
NI43-101 compliant resource model ("Initial Resource Model") completed by Scott
Wilson Roscoe Postle Associates Inc. (SWRPA) in December, 2009. The report is
posted on SEDAR and on the Company's website at www.hathor.ca, and includes all
drilling prior to the summer of 2009.


Summary of Area 2 Drill Holes

Line 10E. Line 10E was poorly constrained by drill holes prior to winter 2010:
the mineralization on the Initial Resource Model was largely inferred from drill
holes off-section. Drill hole 10-217C successfully tested the new shallower zone
of mineralization first intersected in drill hole 09-126, which returned 8.0 m
of 0.16 % U3O8. Drill holes 10-209, 10-213, 10-216 and 10-219 were all designed
to test the mineralization, both low and high grade, inferred based on drill
hole intersections off-section or down dip from drill hole 08-022. Drill hole
10-216 intersected three separate zones of mineralization, including a lower
zone that returned 24.5 m of 7.13 % U3O8 including 7.0 m of 23.38 % U3O8, which
contains visible massive, semi-massive and worm-rock type uranium
mineralization. This massive mineralization is within a modelled low grade zone.
Drill hole 10-209 intersected a number of mineralized zones including a wide
package of high grade mineralization. Although this zone was characterised by
increased core loss, up to 60%, the chemical assay results (23.0 m of 24.31 %
U3O8) compare well with the calculated equivalent uranium grades obtained from
the down hole probe results (23.0 m of 21.60 % eU3O8). Drill hole 10-213 was
drilled to try to replicate drill hole 10-209, however due to excessive drill
swing, it ended up intersecting a different mineralized zone. On the 10E cross
section, drill holes 10-209 and 10-213 appear to be in the same location. In
three dimensions, these two drill holes a lateral separation of 5 m. Despite the
drill swing, drill hole 10-213 intersected mineralization of up to 16.0 m of 2.0
% U3O8.


Line 20E. Line 20E was poorly constrained by drill holes prior to winter 2010:
the mineralization on the Initial Resource Model was largely inferred from drill
holes off-section. Drill hole 10-204 targeted the inferred lower grade
mineralization that separated two high grade zones as modelled in the Initial
Resource Model. This drill hole successfully intersected mineralization that was
much stronger than modelled, returning 7.5 m of 43.64 % U3O8. Drill hole 10-205
was designed to test the mineralization, both low and high grade, inferred in
the initial resource model. The drill hole successfully intersected several
zones of mineralization, including 4.0 m of 16.44 % U3O8. Drill holes 10-210,
10-214, 10-207A were designed to tested the new shallower zone of
basement-hosted mineralization was first identified in drill hole 09-126 and
subsequently intersected in 10-200A (NR 13 Apr 10). All four drill holes
successfully intersected variable amounts of mineralization, including 24.5 m of
1.09 % U3O8 (MWNE-10-210), 15.0 m of 0.44 % U3O8 (MWNE-10-210), and 5.0 m of 0.6
% U3O8 (MWNE-10-207A). In addition to testing the new zone, these drill holes
also successfully tested a low grade mineralization inferred win the initial
resource model. Drill hole 10-210 intersected the strongest and widest interval
of radioactivity. This entire interval was outside any previously modelled zone
and returned 24.5 m of 1.09 % U3O8.


Summary of Area 4 Drill Holes

Line 90E. Drill hole 10-201 was designed to test for down-dip continuation of
high grade mineralization intersected in 09-088, this drill hole did intersect
thin intervals of weak mineralization, the best of which returned 1.0 m of 0.08
% U3O8. Drill hole 10-206, although collared on line 100E, due to drill swing
intersected the target depth on line 90E. This drill hole was designed to test
for mineralization outside the current extents of the Main Zone of
mineralization, as well as thin Footwall Zones. It intersected a thin zone of
mineralization up-dip from both the Main Zone and one of the Footwall Zones,
that returned 1.0 m of 0.08 % U3O8 and 3.0 m of 0.34 % U3O8, respectively.


Line 100E: Drill hole 10-208 was designed to test for possible extensions of
mineralization 20-30 m laterally from the extents of the modelled mineralization
on line 100E. This drill hole did not intersect any anomalous activity. It did
intersect variably altered package of rocks comprising the lower sandstone and
the upper basement.


Line 110E. Drill holes 10-199 and 10-218 were designed to test for lateral
extensions of the mineralization on Line 110E. Both drill holes only intersected
thin intervals that returned values of 1.5 m of 0.08 % U3O8and 0.6 m of 0.2 %
U3O8, respectively.


Line 130E. Drill hole 10-202 were designed to test the mineralization identified
in 09-096 and 09-104. This drill hole successfully intersected 1.0 m of 1.64 %
U3O8. In addition to this zone of radioactivity, it additionally intersected
another shallower zone of radioactivity at and just below the unconformity that
returned 4.5 m of 0.19 % U3O8.


QAQC

Samples were analyzed for U3O8at 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 U3O8method. 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. Dry bulk density determinations
were also carried out on the drill core.


Field and laboratory of select samples show good reproducibility, consistent to
those documented in the NI43-101 report containing the Initial Resource Model.


All intersections are down-hole, core-length intervals and true thickness of
mineralization is yet to be determined.


Ownership

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


Alistair McCready, Ph.D., P.Geo., Hathor's Exploration Manager with
responsibility for all of Hathor's exploration in Saskatchewan, and Michael
Gunning, Ph.D., P.Geo, Hathor's Chief Operating Officer, are Qualified Persons
as defined by National Instrument 43-101 and have reviewed and approved the
technical disclosure contained in this news release.


Terra Ventures Inc. is a Vancouver, British Columbia based junior exploration
company focused principally on acquiring and developing quality uranium projects
which have world class potential. The Company is dedicated to building
shareholder value by acquiring strategic uranium properties in this period of
strengthening global demand for uranium supply. The Company's combination of
strategic land positions, advanced stage projects and no risk carried interest
projects - combined with technical expertise and management's fundraising
ability - are the foundation for growth in the uranium business.


For further particulars about the Company, please contact Ryan Johnson, Investor
Relations, 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, President

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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