Subject: Tahera Press Release: Anuri Mini-bulk Sample and Jericho - Exploration Commencing in March
From: "Adele Fridman" <[email-masked]>
Date: Thu, 27 Feb 2003 13:01:16 -0500

PRESS RELEASE
TAHERA CORPORATION

(TSX: TAH)

Anuri Mini-bulk Sample and Jericho
Exploration Commencing in March

Toronto - Wednesday February 27, 2003

Rockinghorse Property
Tahera Corporation is pleased to announce that Kennecott has begun
mobilizing equipment and supplies in preparation for the mini-bulk
sample (minimum 2.5 tonnes) program of the Anuri kimberlite.  Drilling
is expected to commence on March 24, 2003.

Tahera is encouraged by both the diamond results reported to date (see
press release dated August 22, 2002) and the size potential of the Anuri
kimberlite.  Several unresolved kimberlite indicator mineral trains
exist on the highly prospective Rockinghorse Property; further
exploration in being planned.

Kennecott Canada Exploration Inc. (a member of the Rio Tinto group of
companies) is the operator of the Rockinghorse Property joint venture.
The joint venture agreement provides Kennecott with the option to earn a
25% interest after expenditures of $25,000,000, with Tahera holding a
75% interest.  Kennecott has the option to increase its ownership in the
property to 62.5% by funding all costs up to a mine development
decision, before 2008.  The development decision can occur only after a
feasibility study, detailed engineering, and necessary permitting have
been completed by Kennecott, at its cost.

Jericho Claims
Tahera is pursuing development of its wholly-owned Jericho Diamond
Project as Canada's next, and Nunavut's first, diamond mine. Tahera's
goal is to complete the regulatory approval process for development of
the Project during 2003.  Tahera completed its Final Environmental
Impact Statement for the Project in January 2003, marking a significant
milestone in the mine development process in Canada.

During the Jericho Mine development phase, Tahera will continue to
explore for additional kimberlites on the Jericho Claims.  Previous
exploration activities indicate that the claims have high potential for
further kimberlite discoveries. 

Tahera's spring exploration program is scheduled to mobilize in March
2003, and drilling is planned to commence during April 2003.  A budget
of approximately $500,000 has been allocated for the spring component of
the program.  Approximately 10 kimberlite targets will be tested during
the program.  These kimberlite targets are located within a 10-kilometre
radius of the Jericho kimberlite.  Targets associated with the potential
source of the highly diamondiferous kimberlite float occurrence (see
press release dated Dec. 12, 2001), located approximately 900 metres
west of the Jericho kimberlite, will be tested during the program.

Michael J. Michaud of SRK Consulting is Tahera's qualified person for
its exploration programs.

To find out more about Tahera Corporation (TSX: TAH), visit our website,
www.tahera.com.

Tahera Corporation is a unique Canadian junior diamond company in that
it has a positive feasibility study completed on an advanced stage
diamond development project.  Tahera is focused on developing its
wholly-owned Jericho Diamond Project as CANADA'S NEXT, and NUNAVUT'S
FIRST, DIAMOND MINE.  Tahera has several other prospective diamond
projects in Canada's prolific Slave Craton, including the Rockinghorse
Property joint venture, where the significantly diamondiferous Anuri
kimberlite occurs.  The common shares of the Company trade on the
Toronto Stock Exchange under the symbol "TAH".

For further information, please contact:
Grant Ewing, Vice President Investor Relations & Corporate Development
Tel: (416) 777-1998     Fax: (416) 777-1898     Toll free: (877)
777-2004     Email:[email-masked]

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