TNO

Terreno Resources Corp. ("Terreno" or the "Company") (TSX VENTURE:TNO) announces
that it has renegotiated payment terms under which it can earn its interests in
its Argentinean projects as follows:


Poposa:

Terreno and the vendor have agreed to extend the payments and expenditure
requirements to earn into the Poposa project as follows:




----------------------------------------------------------------------------
                Cash Payments due     Terreno                      Interest 
Completion Date         to Vendor      Shares     Expenditures       Earned 
----------------------------------------------------------------------------
12/31/2013           $    200,000   1,000,000      $ 1,000,000           51%
----------------------------------------------------------------------------
12/31/2014           $    300,000   1,000,000      $ 2,000,000           81%
----------------------------------------------------------------------------
12/31/2015           $  1,700,000   2,400,000      $ 2,500,000          100%
----------------------------------------------------------------------------



As consideration for the extension, Terreno has agreed to issue to the vendor
200,000 common shares, subject to approval of the TSX Venture Exchange. All
other terms and conditions remain the same.


Socompa:

Terreno and the vendor have agreed to extend the payments (there are no
expenditure requirements) to earn its 85% interest in the Socompa project as
follows:




----------------------------------------------------------------------------
Completion Date                                  Cash Payments due to Vendor
----------------------------------------------------------------------------
6/14/2014                                                        $   100,000
----------------------------------------------------------------------------
12/15/2014                                                       $   500,000
----------------------------------------------------------------------------
6/15/2015                                                        $   500,000
----------------------------------------------------------------------------
12/15/2015                                                       $ 1,000,000
----------------------------------------------------------------------------



As consideration for the extension, Terreno has agreed to issue to the vendor
200,000 common shares, subject to approval of the TSX Venture Exchange. All
other terms and conditions remain the same.


Trigal:

Work at the Trigal option was suspended earlier in 2012 and the Company has
determined not to proceed with further payments to the vendor and has thereby
forfeited any ability to earn an interest in that project.


About Terreno Resources

Terreno, meaning "of the earth" in Spanish, represents the Company's focus on
natural resource opportunity development in South America. Terreno has option
agreements on two exploration projects in Argentina; Poposa (formerly referred
to as Amarillo) in San Juan, and Socompa in Salta. Both projects boast
significant alteration systems and have the potential for copper, gold and
silver mineralization. For more information, please visit
www.terrenoresources.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Terreno Resources Corp.
416.941.9600
info@terrenoresources.com
www.terrenoresources.com

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