TFR

Terra Firma Resources Inc. (TSX VENTURE: TFR) ("Terra Firma" or "the Company") is pleased to announce that the Company, through its wholly owned Indonesian subsidiary PT. Terra Mineral Resources Indonesia, has retained Micromine Consulting Services to provide NI 43-101 oversight for its newly acquired Mallawa Gold Copper Property located in South Sulawesi, Indonesia. Micromine will also be preparing a full NI43-101 report on the Mallawa Gold Property located in South Sulawesi for the Company.

Micromine Consulting Services (MCS) provides geological and mining consulting services to mineral resource companies in Russia, China, Mongolia, Indonesia, Europe, Central Asia and neighbouring Countries. MCS consultants are experienced geologists, mining engineers, metallurgists, surveyors, database managers and GIS specialists with extensive experience in metals, energy and construction. MCS is a division of Micromine Pty Ltd, the award-winning Australian technology and software solutions provider to the exploration and mining industry. Through its parent company, MCS serves its clients through a network of existing offices located within key regions and at major mining centres around the World. MCS can complete studies to local and International reporting standards including JORC, N143-101, SAMREC, SEHK (Chapter 18), AIM, China MLR, Russian, Ukraine and Central Asian GKZ (State Commission on Mineral Reserves) and PERC (Pan-European Reserves and Resources Reporting Committee) standards.

Brian Buchanan, CEO of Terra Firma, said, "We are excited to start our NI43-101 compliant exploration program, along with completing a NI43-101 report on this prospective Gold and Copper property acquisition in Sulawesi. This property fits well into our plan to develop a balanced portfolio of properties through a combination of grassroots prospecting, property acquisitions and the formation of strategic relationships in Sumatra and Sulawesi, Indonesia."

About Terra Firma Resources

Terra Firma is a mineral exploration company headquartered in Vancouver, BC, Canada. The Company's objective is to develop a balanced portfolio of properties through a combination of grassroots prospecting, property acquisitions and the formation of strategic relationships. The Company is currently investigating a number of potential prospects in Sulawesi and Sumatra. Indonesia. The company currently has the option to acquire 75% of the issued and outstanding shares of Mutiara. Mutiara is an Indonesian mineral exploration company that holds a mineral exploration license in respect of an initial 800 hectare property in South Sulawesi, Indonesia (the "Mallawa Property") which is prospective for Gold and Copper. In addition, Mutiara is expected to acquire an additional 10,000 hectares of prospective lands located within the 25 kilometre radius "area of interest" defined in the MOU.

If you are not currently on the Terra Firma updates list, please send in your email address to info@terrafirmaresources.com. The Company will send out regular updates and news releases to everyone who asks to be on the list. For further information about the Company visit the website at www.terrafirmaresources.com or SEDAR at www.sedar.com or Jamie Hyland, Tribeca Capital Partners Inc. at (604) 998-4730.

ON BEHALF OF THE BOARD

Brian Buchanan, Chief Executive Officer and Director

This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

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.

Contacts: Terra Firma Resources Inc. Brian Buchanan CEO and Director (604) 681-5566 (604) 683-1055 (FAX) buchanan@terrafirmaresources.com www.terrafirmaresources.com Tribeca Capital Partners Inc. Jamie Hyland (778) 938-8760 (604) 756-2995 (FAX) jamie@tribecacap.com www.tribecacap.com