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Quaterra Announces Commencement of Drilling at Groundhog Prospect, Alaska
Quaterra Resources Inc. (“Quaterra” or the “Company”) today announced that Chuchuna Minerals Company (“Chuchuna”) has commenced a core drilling program of between two and four holes at the Groundhog copper prospect, a 40,000-acre property situated on an established copper porphyry belt 200 miles southwest of Anchorage, Alaska. As quoted in the press release: Quaterra has …
Quaterra Resources Inc. (“Quaterra” or the “Company”) today announced that Chuchuna Minerals Company (“Chuchuna”) has commenced a core drilling program of between two and four holes at the Groundhog copper prospect, a 40,000-acre property situated on an established copper porphyry belt 200 miles southwest of Anchorage, Alaska.
As quoted in the press release:
Quaterra has an option to purchase a 90% interest in Groundhog. The program is operated by Chuchuna, an Alaskan company jointly owned by Kijik Corporation (“Kijik”), the ANSCA village corporation for the community of Nondalton, and Alaska Earth Sciences (“AES”), an Anchorage-based mineral exploration company.
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