Teslin River Delineates Potential Copper Porphyry Mineralization in the Eureka Bowl Zone During 2011 Soil Sampling Program at...

Teslin River Resources Corp. (TSX VENTURE:TLR) ("Teslin" or the "Company") is
pleased to announce the results from the soil sampling program performed at the
Frasergold project indicate the potential presence of a copper porphyry in the
Eureka Bowl zone. Teslin River signed a definitive agreement with Eureka
Resources (TSX VENTURE:EUK) giving it the right to earn a 75% interest in the
Project, located 100 km east of Williams Lake in the Cariboo area of central
British Columbia.


The 2011 geochemical program sampled a total of 27 line kilometers which was
conducted over three zones within three separate grids. Zones are listed below.




1.  Eureka Bowl zone grid: 5.2 line km and 113 soil samples collected 
2.  Kusk zone grid: 15.5 line km and 317 soil samples collected 
3.  18ppm zone grid: 6.3 line km and 135 soil samples collected



The Eureka Bowl zone was conducted to follow up on anomalous historical results
while testing mineralizing potential adjacent to the copper porphyry found at
Eureka Bowl. Results from this grid include values ranging up to 2.24ppm Au and
1200ppm Cu. These results suggest a strong association of copper sympathetic to
the gold values. The Eureka Bowl grid covers an area which is believed to be
underlain by volcanic rocks of the Takla Formation and possibly some small
alkalic plutons. The envisioned style of mineralization is therefore believed to
be hydrothermal in nature, possibly porphyry Cu/Au similar to Mount Polley, or
replacement style Au similar to the AR deposit. The gold anomaly extends over a
strike length of 400 meters and the coincident copper anomaly over a strike
length of 600 meters, and therefore suitable to host a typical porphyry
resource. 


"Our geologists have hypothesized the presence of a more robust copper porphyry
system located at depth due to the "free gold" nature of the mineralization
found at the Frasergold Project. We are in the early stages of planning an
approximately $1.1 million exploration program at Frasergold for 2012. The
Eureka Bowl zone's potential to host a copper gold porphyry system will most
certainly be a focus of our attention moving forward," states Teslin River
President John Burgess. 


The Kusk zone which lies in the southern most portion of the property was only
sampled partially due to snow fall conditions during the program. Sampling the
Kusk zone was conducted to follow up on historical results and well as fill in
previously unsampled areas between historical grids. The Kusk zone lies on
proximal hinge of the syncline.


The 18ppm Zone is an area located approximately 500 meters northwest and along
strike of the Main Zone. This grid was designed to add to the 2008 Northwest
Extension grid which reports gold anomalies as high as 18.77 g/t Au. There has
not been any follow up drilling on the 2008 Northwest soil grid. Results from
the 18ppm zone yielded 2 clusters of anomalous gold values warranting follow up
drill testing. 


About Frasergold Project

The Frasergold Project, optioned from Eureka Resources Inc., is located in the
Cariboo GoldCamp, situated in the historic Quesnel Trough area of central
British Columbia and has a longhistory of continued exploration since the 1970s.
A combination of quartz veins and knottedphyllites host gold mineralization
containing coarse free gold and finer grained sulphide bearinggold. Previous
operators identified a twelve-kilometre belt of gold mineralization on the
property through drilling, soil sampling, induced polarization ("IP")
geophysical surveys and surface exploration.


A prior NI 43-101 compliant resource was completed in November, 2009 - "Report
on the 2007 and 2008 Drill Programs on the Frasergold Project" prepared by K.V.
Campbell and G.H. Giroux for Hawthorne Gold Corp. - of 614,000 ounces of gold
Measured and Indicated and 1,225,000 ounces of gold Inferred at a cut-off of
0.30g/t gold. The prior resource is a historical estimate and a qualified person
for the Company has not done sufficient work to classify the historical estimate
as a current mineral resource. As a result the historical estimate is not being
treated as a current mineral resource and is not to be relied upon.


Teslin has the right to earn a 51% interest in the Frasergold Project by
spending $3,550,000 on the property and providing payments to Eureka totaling
$200,000 over a 3 year period. An additional 24% interest (totaling 75%) can be
earned by completing a feasibility study. 


About Teslin River Resources Corp.

Teslin River is an exploration company with interests in Nevada and British
Columbia. The Company focuses on precious metals exploration with properties
currently being explored in both Nevada and British Columbia. Existing
properties include the Frasergold Project and Rand properties in British
Columbia and the Mustang and Morningstar properties in Nevada.


Dr Michael Hitch, P. Eng, P. Geo. is a Qualified Person pursuant to NI 43-101
and has approved the contents of this release.


Cautionary Notes: Inferred mineral resources have insufficient confidence to
allow the meaningful application of technical and economic parameters or to
enable an evaluation of economic viability suitable for public disclosure.
Neither the Company nor readers can assume that all or any part of an inferred
mineral resource will be upgraded to indicated or measured mineral resource.
Most projects at the inferred mineral resource stage do not ever achieve
successful commercial production. Each stage of a project is contingent on the
positive results of the previous stage and that there is a significant risk that
the results may not support or justify moving to the next stage. Mineral
resources which are not mineral reserves, do not have demonstrated economic
viability.


ON BEHALF OF THE BOARD

John Burgess, President and CEO

For further information on the Company and its projects please visit our web
site at: www.teslin-river.com.


Forward-Looking Statements

Statements in this release that are forward-looking statements, are subject to
various risks and uncertainties concerning the specific factors identified in
the Company's periodic filings with Canadian Securities Regulators. These
factors include the inherent risks involved in the exploration and development
of mineral properties, the uncertainties involved in interpreting drill results
and other exploration data, the potential for delays in exploration or
development activities, the geology, grade and continuity of mineral deposits,
the possibility that future exploration, development or mining results will not
be consistent with the Company's expectations, accidents, equipment breakdowns,
title matters, labor disputes or other unanticipated difficulties with or
interruptions in production and operations, fluctuating metal prices, the
possibility of project cost overruns or unanticipated costs and expenses,
uncertainties relating to the availability and costs of financing needed in the
future, the inherent uncertainty of production and cost estimates and the
potential for unexpected costs and expenses, commodity price fluctuations,
currency fluctuations, regulatory restrictions, including environmental
regulatory restrictions and liability, competition, loss of key employees, and
other related risks and uncertainties. The Company undertakes no obligation to
update forward-looking information except as required by applicable law. Such
forward-looking information represents management's best judgment based on
information currently available. No forward-looking statement can be guaranteed
and actual future results may vary materially. Accordingly, readers are advised
not to place undue reliance on forward-looking statements or information.