Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE MKT:QMM) and its joint venture
partner, Grande Portage Resources Ltd. (TSX VENTURE:GPG) today announced they
have filed with SEDAR an amended Canadian National Instrument 43-101-compliant
technical report on the Herbert Gold Project located near Juneau, Alaska.


The amended report was prepared by D.G. DuPre & Associates of Delta, British
Columbia. It follows the updated independent resource estimate for the Herbert
Gold project announced in a news release on February 28, 2013, and prepared by
D.G. DuPre & Associates. The technical report includes a description of the
project history, geology, mineralization, drilling, sampling procedures and
laboratory Quality Assurance/Quality Control procedures, as well as
recommendations. There are no material differences between the tecnhical report
filed on April 12, 2013 and the amended report filed today. The change relates
to typographical errors, minor omissions in Data Verification (Item 11) as well
as minor errors in drilling meterages in the Interpretations and Conclusions
(Item 17) portion of the report. There are no changes to the mineral resource
estimates or geostatistical analysis in the report and the conclusions and
recommendations remain unchanged.


The qualified persons for the DuPre technical report are David DuPre and Dr.
David Webb. Mr. DuPre and Dr. Webb are independent of Grande Portage Resources
Ltd. and Quaterra Resources Inc. and are Qualified Persons as defined by NI
43-101, and are responsible for the technical content of this press release.


The complete amended NI43-101-compliant technical report is available at
www.sedar.com and on the companies' respective websites. 


Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE MKT:QMM) is a junior exploration
company focused on making significant mineral discoveries in North America. The
Company uses in-house expertise and its network of consultants, prospectors and
industry contacts to identify, acquire and evaluate prospects in mining-friendly
jurisdictions with the potential to host large and/or high-grade base and
precious metal deposits. 


On behalf of the Board of Directors,

Dr. Thomas Patton, President and CEO, Quaterra Resources Inc.

Should you wish to receive news releases by fax please provide your contact
details to Quaterra at 604-681-9059 (direct), 1-855-681-9059 (toll free) or
email info@quaterra.com. 


Disclosure note

The mining terms "indicated resource" and "inferred resource" are used in this
news release in accordance with Canadian regulations but are not recognized by
the United States Securities and Exchange Commission. For clarification, the
Company has no properties that contain "reserves" as defined by the SEC and is
providing the forgoing, in part, in order to meet its requirements under
National Instrument 43-101 adopted by the BC Securities Commission and the
Canadian Securities Administrators.


Some statements contained in this news release are forward-looking statements
within the safe harbor of the Private Securities Litigation Reform Act of 1995.
These statements generally are identified by words such as the Company
"believes", "expects", and similar language, or convey estimates and statements
that describe the Company's future plans, objectives or goals. Since
forward-looking statements are based on assumptions and address future events
and conditions, by their very nature they involve inherent risks and
uncertainties. Further information regarding risks and uncertainties which may
cause results to differ materially from those projected in forward-looking
statements, are included in filings by the Company with securities regulatory
authorities. Readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date thereof. The Company
does not undertake to update any forward-looking statement that may be made from
time to time except in accordance with applicable securities laws. References
may be made in this press release to historic mineral resource estimates. None
of these are NI 43-101 compliant and a qualified person has not done sufficient
work to classify these historic estimates as a current mineral resource. They
should not be relied upon and Quaterra does not treat them as current mineral
resources.


Expanded information on the Company's projects is described on our website at
www.quaterra.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Quaterra Resources Inc.
Lauren Stope
Manager Communications
604-641-2746
info@quaterra.com
www.quaterra.com

Quaterra Resources (TSXV:QTA)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas Quaterra Resources.
Quaterra Resources (TSXV:QTA)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas Quaterra Resources.