Teras Resources Inc. reported that it has further increased its land position on its Watseka gold property in Madison County Montana with high value ground. Teras' Watseka property consists of 12 patented mining claims owned by Teras and in excess of 24 claims that are leased from private land owners as well as BLM land. The Watseka property currently has a Mill Site housing a main building and equipment for processing ore as well as a separate building with Lab equipment for analysing ore to be mined and processed.

The Mill and Mine Site is located in the Rochester Mining District, Madison County, Montana, on the east slope of the continental divide. Primary access to the mine site is via county roads leading from a State Highway and which are maintained throughout the year by State and Federal funds.