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Quaterra Resources Inc.
Summary
| Project: | Yerington | |
|---|---|---|
| Deposit: | Bear | |
| Location: | United States | |
| Commodities: | Copper-Molybdenum-Gold-Silver | |
| Date: | 6/9/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-6-2016: Quaterra Resources Inc. announces an Exploration/Drilling Update report for its Bear deposit at the Yerington project. JV - drilling results incl. 39.2m @ 0.21% Cu, 14ppm Mo, 0.016ppm Au, <0.5ppm Ag. VANCOUVER, BC--(Marketwired - June 09, 2016) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Thomas Patton (Internal) | |
| ABSTRACT: | VANCOUVER, BC--(Marketwired - June 09, 2016) - Quaterra Resources Inc. ("Quaterra" or the "Company") and its subsidiary Singatse Peak Services LLC ("SPS") today announced results from Hole GHH-001, the sixth and last hole of a drill program to explore and further define the Bear deposit, a large porphyry copper system on the Company's 52-square mile property in the historic Yerington Copper District of Nevada. The drill program is being funded with option payments to SPS by FreeportMcMoRan Nevada LLC ("Freeport Nevada"). Highlights: Hole GHH-001, the sixth and final drill-hole of the current program, is located in Ground Hog Hills about 6,000 feet south of previous SPS holes. It was drilled vertically to a depth of 2,017.5 feet and cased for possible future deepening. Sporadic zones of copper mineralization were intersected which are interpreted as an extension of Bear mineralization to the north. | |
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