Terraco Gold Corp. ("Terraco") (TSX VENTURE:TEN) is pleased to announce that it
has entered into management services agreements with the following:


1. Rock Management Consulting Ltd. for the services of Mr. Todd Hilditch to act
as Terraco's President and Chief Executive Officer;


2. ZyMin Corporation for the services of Mr. Charles Sulfrian, C.P.G., to act as
Terraco's Vice President, Exploration; and


3. Sandstone Consulting Ltd. for the services of Mr. Bryan McKenzie, CA, to act
as Terraco's Chief Financial Officer.


Terraco is a mineral exploration company, listed on the TSX Venture Exchange
under the symbol "TEN". Please visit Terraco's website at www.terracogold.com
for additional information.


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