Quaterra Plans Additional Drilling at Willow Creek Molybdenum Prospect, Montana

Quaterra Resources Inc. (TSXV:QTA,AMEX:QMM) announced it intends to drill deeper holes at its Willow Creek prospect in Montana.

The press release is quoted as saying:

The Company drilled two vertical core holes totaling 3,789 feet during the third quarter of 2010 but was unable to corroborate unconfirmed reports of significant molybdenum mineralization near the bottom of a 1,700 foot hole drilled in the southeastern part of a large quartz stockwork zone.

To read the full press release, click here.