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    Quaterra Announces Significant Increase in Resource at MacArthur Copper Deposit

    Investing News Network
    Dec. 14, 2010 11:59PM PST
    Base Metals Investing

    Quaterra Resources Inc. (CVE:QTA) today announced that Tetra Tech Inc. of Golden, (NASDAQ:TTEK) completes an updated NI43-101 compliant independent resource estimate for its 100%-owned MacArthur Copper Project near Yerington, Lyon County, Nevada.

    Quaterra Resources Inc. (TSXV:QTA) today announced that Tetra Tech Inc. of Golden, (NASDAQ:TTEK) completes an updated NI43-101 compliant independent resource estimate for its 100%-owned MacArthur Copper Project near Yerington, Lyon County, Nevada.

    The press release is quoted as saying:

    MacArthur’s base case measured and indicated oxide/chalcocite resource of 143.7 million tons averaging 0.192% TCu contains 551.6 million pounds of copper. An inferred oxide/chalcocite resource of 215.0 million tons averaging 0.197% TCu contains 846.8 million pounds of copper. An inferred primary sulfide resource of 74.1 million tons averaging 0.256% TCu contains 379.5 million pounds of copper.

    Click here to access the entire press release

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