Terreno Resources Corp. announced that, subject to financing, the Company is preparing a drilling program for the Fall at the Las Cucharas Gold and Silver Project in Nayarit, Mexico. Drill planning is taking place during the traditional rainy season of July and August during which time access to the property is restricted. Very high gold and silver assay values were returned from samples of selected vein material, which were typically grab samples from local informal miners' stockpiles and mine dumps. This style of sampling is helpful in highlighting the gold and silver potential of some oreshoots. Newly discovered and sampled vein and disseminated mineralization zones were found at the El Zapotillo, El Carrizo, El Troze, Los Cuervos, Arroyo el Jocuixtle, La Planta, Arroyo del Tiro, and Potrero de Don Teodulo Zones. Most of these new zones are extensions of previously mapped and sampled showings, and help to connect individual zones into much larger targets. A significant discovery this year were wider zones of disseminated base metal-rich mineralization at the La Planta and Los Cuervos Zones. These may provide bulk tonnage targets, with strongly mineralized silver-lead-zinc-copper zones sampled up to 18.2 metres in width at the La Planta. Exposure is often limited, so the true potential of these zones will only be properly tested by drilling. Fieldwork to date in 2021 has focused on defining the extents of the property-wide Las Cucharas precious metal system, which has been traced over 6 kilometres in strike length. New mineralized zones and splays of the vein system have been discovered and defined in intermediate locations between known showings and past producing small-scale mines. Two new base-metal rich zones have been discovered at the La Planta and the Los Cuervos. Observations and technical work to date confirm the size and magnitude of this large hydrothermal system. Terreno geologists believe that the project hosts two distinct styles of mineralization with a continuous transition between them. These are: Discrete, gold and silver rich low-sulfidation epithermal style quartz veins, which form lenses, oreshoots, breccias, and stockworks controlled by the main NW trending regional structures. Historic underground production areas such as the La Union Zone represent this style of mineralization. It is important to note that production from these workings was limited more by the level of the water table than by a lack of mineralization. Base-metal rich polymetallic vein and disseminated lead-zinc-copper-silver zones. This style of mineralization outcrops in the La Planta, Los Cuervos, La Taverna, and La Raizura Zones. This style of target has the potential for considerably more tonnage, with broadly disseminated lead, zinc, and/or copper sulfides in alteration zone halos around the vein structures. Polymetallic mineralization typically occurs below precious metal-rich zones, lower in the hydrothermal system. A compelling example of this type of deposit is the San Acacio Project of Defiance Silver Corporation in nearby Zacatecas state. Recent deeper drilling below historically mined areas has discovered significant lead-zinc-silver mineralization. Over the next few months, Terreno staff will focus on updating the geological and geochemical databases, interpreting results, and planning for a drill program later this year, subject to financing. Terreno management is very pleased with this years' exploration results and look forward to further advancing the Las Cucharas Project. The Las Cucharas Project represents a historic gold and silver mining area with well documented small-scale production from 1903 through 1961 of 3,000 kilograms of gold (96,450 oz) and 30,000 kilograms of silver (964,500 oz) (Vargas, COREMI Pub M-12e,1994; this is an historic figure, non-NI 43-101 compliant, and should not be relied on). The Las Cucharas Project is classified as a volcanic-hosted low-sulfidation epithermal precious metal system with significant mineralization occurring along a six-kilometer northwest-trending structural zone. Gold and silver are hosted in vein and shear structures, stockwork zones, and breccias, sometimes with associated sulfide mineralization. Classic low-sulfidation epithermal style textures are common, including banded quartz veins and breccias, as well as drusy, bladed, and chalcedonic quartz, as well as local minor zinc, lead, and copper sulfide minerals. Las Cucharas is interpreted to be located at the very edge of the regional Caldera de Nayar volcanic center, which is 100-150 kilometers in diameter. The significance of the project's location is that strong faulting typically occurs at caldera margins, which provide abundant conduits for mineralizing systems.