Mr. Carter Smith reports

TERRA ROSSA ANNOUNCES STOCK OPTION GRANTS

Terra Rossa Gold Ltd. has granted an aggregate of 3.35 million stock options to directors, officers and consultants of the company to purchase 3.35 million common shares in the capital of the company pursuant to the company's share option plan. The options will have a one-year vesting period and are exercisable at an exercise price of 50 cents per share for a period of five years from the date of grant.

About Terra Rossa Gold Ltd.

The company is a gold exploration and development corporation with an experienced mine development team. A local exploration and administration team is in place in Colombia, and the company also has a local community relations office in the town of Vetas. Current board and management are focused on building shareholder value through the advanced exploration and subsequent development of the Vetas gold project.

We seek Safe Harbor.