TFR

Terra Firma Resources Inc. (TSX VENTURE: TFR) ("Terra Firma" or "the Company"), through its wholly owned Indonesian subsidiary, PT. Terra Mineral Resources Indonesia is pleased to announce the first reconnaissance sample results from the initial exploration program at its Malawa Property in South Sulawesi, Indonesia.

This early field exploration program consisted of prospecting, reconnaissance mapping and chip sampling. This work has resulted in the identification of high grade copper mineralization (up to 7% copper) and good grades of Silver contained within porphyry copper mineralization and an associated peripheral copper (lead-zinc) skarn mineralization. A total of 19 samples were collected along partially exposed bedrock, mainly along creeks. As such, sampling was done by taking rock chips (grab samples). A Petrographic report was completed on selected samples. Sample analytical result highlights include:

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HIGHLIGHT SAMPLE RESULTS -MALAWA PROPERTY
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Sample No Sample type    gold g/t silver g/t   copper %     lead %    zinc %
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R001      grab               0.10      26.00       1.75       0.05      0.01
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R002      grab               0.09      34.00       0.94       0.08      0.01
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R003      grab               0.05      22.00       4.05       0.06      0.09
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MLW5C     grab               0.18      67.00       0.09       0.21      0.01
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MLW5D     Vein grab          0.17      57.00       7.33       0.17      0.10
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MLW5E     grab               0.02       4.00       0.81       0.01     0.004
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MLW2A     grab               1.22     127.00       5.22       9.91      15.4
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MLW2D     grab               0.10       9.00       0.67       0.20      0.11
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MLW05A    grab               0.10      27.00       1.08       0.08     0.009
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MLW05B    grab               0.02       8.00       0.24       0.03     0.004
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MLW05C    grab               0.23      79.00       0.33       0.26      0.01
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Company geologists have described samples MLW2A and MLW2D to be from a porphyritic sericite altered granodiorite with disseminations and veinlets of pyrite, chalcopyrite, covellite and malachite.

Numerous occurrences of copper gossans have been observed within the alteration zones associated with sheared and intensely fractured rocks. Anomalous gold values of up to 1.2 g/t have also been detected on sample MLW-2A. On the periphery of the alteration zone to the east malachite and extensive chalcopyrite veins assaying up to 7 percent copper (sample MLW5D) have been identified. Float in stream drainages have been observed to contain mainly chalcopyrite mineralization.

Samples MLW05A, MLW05B and MLW05C were taken from skarn type mineralization mainly comprised of chalcopyrite with lesser sphalerite and galena. The second phase of the exploration program will consist in trenching, sampling and test pits.

All samples collected from the property were submitted to Intertek's Jakarta lab for geochemical analysis. The exploration program is led by Senior Geologist Andri Subandrio, with oversight being provided by Geologist Johannes Erasmus, Associate Senior Geologist of Micromine Consulting Services.

Geologist Johannes Erasmus is a Qualified Person as defined by National Instrument 43-101. Johannes Erasmus will be the Qualified Person for this and future work programs on the South Sulawesi Property. Mr. Erasmus has a B.Sc (Geology) from the University of South Africa and an MSc (Mineral Economics) from the School of Mining Engineering at the University of Witwatersrand. Mr. Erasmus has more than 30 years experience in both mining and exploration and has been responsible for the management of numerous exploration programs around the world.

Brian Buchanan, CEO of Terra Firma said, "We are very pleased with the first sampling results,that have identified high grade copper and good grades of silver mineralization, within an associated peripheral copper, lead-zinc skarn type mineralization on the Mallawa property in South Sulawesi."

This News Release has been reviewed and approved by Johannes Erasmus Senior Associate Geologist of Micromine Consulting Services. Johannes Erasmus is a Qualified Person as defined by National Instrument 43-101.

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 through its wholly owned Indonesian subsidiary, PT. Terra Mineral Resources Indonesia 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.

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