VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 8, 2007) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Robert Pease, President and CEO of Terrane Metals Corp. ("Terrane" or the "Company") (TSX VENTURE:TRX) is pleased to announce that Glen W. Wonders has joined the company in the new position of Vice-President, Corporate Relations and Sustainability. Mr. Wonders is a Registered Professional Forester (Alberta and British Columbia) and holds a Bachelor of Science in Forestry (Alberta, 1985) and a Masters of Business Administration (Royal Roads, 2005). Robert Pease stated, "Glen is a great addition to our mine development team. Glen has worked in northern British Columbia since 1989 and lived in Prince George since 1993. His extensive experience in resource development and management, and his on-the-ground knowledge of north-central British Columbia will allow him to play a key role in the permitting and construction of a new open pit copper-gold mine at Mt Milligan." Mr. Wonders experience includes resource access and development management in the forestry, petroleum and mining industries. Over the last 18 years, he has held progressively challenging positions in government, forestry and education. Glen's responsibilities with Terrane Metals Corp. will focus on building long-lasting partnerships and opportunities with First Nations, local communities, stakeholders and governments. He looks forward to strengthening his relationships throughout the region and creating new friendships and opportunities for the residents of northern British Columbia. Glen will continue to be based in Prince George. The Company has granted a total of 770,000 stock options to an officer and consultants at an exercise price of $0.72 valid for a period of five years from the date of grant, subject to regulatory approval. ABOUT TERRANE METALS CORP. Terrane Metals Corp. is an exploration and mine development company focused on the development of the Mt. Milligan gold-copper and Berg copper-molybdenum-silver projects in British Columbia, Canada. TERRANE METALS CORP. Robert Pease, P.Geo, FGAC, President and CEO Cautionary Note Regarding Forward-Looking Statements Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements". Such forward-looking statements including but not limited to those with respect to the proposed use of proceeds anticipated to be raised by the financing involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Terrane to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Terrane Metals Corp. Ryan King Investor Relations (604) 681-9930 Website: www.terranemetalscorp.com