Quaterra Resources Inc.

Quaterra Resources Inc. is a mining exploration and development company focused on advancing its key copper assets in Yerington, Nevada, a jurisdiction attractive to mining with low political risk. The company's Yerington projects have good existing infrastructure, valuable water rights, community support and significant exploration upside. The properties have the potential to be transformed into a district-scale, long-life copper mining operation. In June 2014, Quaterra, and its wholly owned subsidiary Singatse Peak Services LLC (SPS), entered into an option agreement with Freeport Nevada LLC. SPS intends to use proceeds from the agreement to explore and develop its Yerington assets.

Expert Comments:

Management Q&A: View From the Top
Quaterra Resources Inc. and its subsidiary Singatse Peak Services announced earlier this week that they had reached an agreement with Freeport Nevada to extend for up to two years the current Stage 2 of Freeport Nevada's option to acquire an interest in the company's Yerington Copper Project in Nevada. Gerald Prosalendis, recently appointed president and COO of Quaterra Resources, explains what this extension means for Quaterra and the Yerington project.
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"Quaterra Resources Inc. was on hand to talk about its copper assets in Yerington, Nevada. The company had just announced results from the first core hole in the Bear copper deposit and investors were taking notice. Dudley Baker, founder of Common Stock Warrants, called this 'a company that is going to weather this downturn and be a great performer when the markets turn.'" read more >

More Expert Comments

Experts Following This Company

David Baker, Managing Partner – Baker Steel Capital Managers LLP
Dudley Baker, owner/editor – Common Stock Warrants
Matt Geiger, General Partner – MJG Capital
Michael R. Jacks, Head of Private Equity – Sutter Securities Inc.
Stephen Reznik, Director – Reznik Asset Managment
Thomas Swaney, President – Harwood Capital

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