Quaterra Resources CEO Steven Dischler Talks Plans for Yerington and Bear Deposits in Nevada

Quaterra Resources (TSXV:QTA,OTCMKTS:QTRRF,FWB:QR2) President & CEO Steven Dischler spoke to the Investing News Network about the Yerington, Nevada copper projects. He explains, “About 18 months ago we really reset our strategy for the company in response to a difficult market. That involved selling our non-Yerington assets and also really focusing on efficiency of our operations. In addition to that, we thought that given the size and complexity of Yerington, that it would make sense to have a strategic partner to help us with acceleration of our exploration and development there. So about a year ago we entered into an option agreement with Freeport Nevada, subsidiary of Freeport-McMoRan, to help us with our Yerington projects.” Mr. Dischler says that investors should watch out for the following catalysts in 2015, “We’re going to be commencing drilling on the Bear Deposit, which is a known mineralized area in our district. It’s a very large system, has historic drilling in it, and part of a big district. We want to begin drilling in the third quarter of this year – July or August – shortly. We’re also doing some exploratory geophysical work on our ground there. We’d be presenting our drill results as we get them, through next year, and then lastly, we want to finish the sale of our Nieves Silver Project in Mexico. We entered into an agreement back in December of 2014 for the sale of that and the payments are coming in over the next 12 months.”

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