VQA Valterra Resource Corporation

Valterra Resource Corporation ("Valterra") (TSX VENTURE:VQA) (FRANKFURT:3VA)
reported today that Optionee, Riverside Resources Inc., has mobilized crews and
begun initial surface exploration on the Swift Katie project in southeastern BC.



The surface program will consist of mapping and soil and rock sampling as a
prelude to a late summer drill program. Soil Sampling will extend the current
soil grid to the northeast and southwest in order to cover an 11km by 3km target
corridor of favourable geology, geochemistry and geophysics which has been
identified on the property. Mapping and rock sampling will both confirm previous
work and focus on areas of anomalous Cu-Au in soils and new targeting derived
from Valterra's 2008 airborne Mag-EM survey over the property. Of particular
focus for the 2014 program is a newly identified, high priority target 2km south
of the historically defined Katie copper-gold porphyry deposit. The newly
identified "Swift" porphyry target is characterized by a 2km by 2km
multi-element soil anomaly underlain by a favourable geophysical signature; this
forested area has limited outcrop but porphyritic intrusive rocks and altered
volcanic rocks were recognized by Riverside geologists within and adjacent to
the target area.


Swift Katie Option Agreement

The work will be conducted as part of the 2014 Option agreement on the Swift
Katie property which is incorporated in Riverside's exploration alliance (the
"Alliance") with a wholly-owned subsidiary of Antofagasta plc. Under the terms
of the Option, the Alliance can acquire an 80% interest in the Property by
incurring cumulative exploration expenditures of $5 million over a 4 year period
at which time it will have earned its interest in the Project to be further
developed as a joint venture with Valterra holding the remaining 20% working
interest.


For complete agreement details please view Valterra's press release dated
October 31, 2013.


To view the figure associated with this release, please visit the following
link: http://media3.marketwire.com/docs/948013_fig1.pdf 


Swift Katie Property Details

The Property is underlain by the prolific Quesnel Terrane, within a geologically
favourable and highly metallogenic area of British Columbia that historically
has hosted several important mining camps. Three mineral showings are located
within the property and for many years were explored separately in claims with
different ownership; the claims were amalgamated into a single property for the
first time under Valterra. There have been numerous geological, geochemical and
geophysical surveys completed on the property with some of the most significant
work funded by subsidiaries of Noranda and Falconbridge in the 1980s-90s. These
programs identified several exploration targets, with the most advanced prospect
being the Katie deposit, an alkalic copper-gold porphyry deposit which has been
tested by 71 shallow drillholes to date and remains open in several directions.
Historic drilling at the Katie occurrence covers an approximately 2.5km x 1.75km
area with several untested soil, IP, magnetic and resistivity anomalies in close
proximity to known mineralization. 


At a district scale, the property covers an 11km by 3km trend, as seen in
airborne magnetics, that remains virtually unexplored (outside of the Katie
occurrence) for copper-porphyry targets to date and represents significant
exploration upside and potential for new discoveries. The Property is located in
an infrastructure-rich area of southern BC (roads, rail, power, and proximity to
the Trail smelter), where a milder climate allows for a long field season,
extensive road networks allow for low-cost exploration, and is situated in a
favourable region of the Province that has a strong community of knowledgeable
and experienced people on which to draw.


About Valterra Resource Corporation

Valterra is a Manex Resource Group Company. The group provides expertise in
exploration, administration, and corporate development services for Valterra's
mineral properties located in British Columbia and Ontario. Valterra is focused
on early stage properties with the potential to host large deposits, in regions
with excellent infrastructure. Over the last several years, Valterra has
acquired and is exploring several key projects including "Swift Katie" and
"Bobcaygeon" which are located near roads, rail, power, and resource communities
in Canada.


Robert Macdonald, MSc., P.Geo., is the Qualified Person responsible for
reviewing the technical information presented in this release.


On behalf of the Board of Directors,

Lawrence Page Q.C., President, Valterra Resource Corporation

Neither 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 release.


This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. These statements are based on a number of assumptions, including,
but not limited to, assumptions regarding general economic conditions, interest
rates, commodity markets, regulatory and governmental approvals for Valterra
Resource Corporation's projects, and the availability of financing for Valterra
Resource Corporation's development projects on reasonable terms. Factors that
could cause actual results to differ materially from those in forward looking
statements include market prices, exploitation and exploration successes, the
timing and receipt of government and regulatory approvals, and continued
availability of capital and financing and general economic, market or business
conditions. Valterra Resource Corporation does not assume any obligation to
update or revise its forward-looking statements, whether as a result of new
information, future events or otherwise, except to the extent required by
applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Valterra Resource Corporation
1.888.456.1112 or 604.684.9384
info@mnxltd.com
www.valterraresource.com

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