Quaterra Resources Inc. is pleased to announce that it has selected NewFields Companies LLC to lead environmental permitting efforts for the MacArthur oxide copper project . NewFields is a leading global environmental engineering and construction management firm with expertise in natural resource and development projects, specifically in Nevada. The Company has also selected EM Strategies to complete the baseline [...]
Quaterra Resources Inc. is pleased to announce the appointment of Mr. David Harvey, CPG as Vice President of Exploration for the Company. Mr. Harvey is a Nevada-based professional mineral geologist with over 35 years of experience in senior level exploration, mineral resource and reserve development programs with domestic and international assignments. Mr. Harvey is an AIPG Certified Professional Geologist and holds a MSc [...]
Quaterra Resources Inc. is pleased to announce that it has awarded McClelland Laboratories, Inc. a key contract to support the advancement of the MacArthur oxide copper project. McClelland has been appointed to complete the metallurgical testing program of the 12 ton representative sample collected in the 2021 drilling campaign . McClelland will perform variability testing on fifteen leach columns through Q2 2022 in order [...]
Quaterra Resources Inc. the "Company") is pleased to announce that it has completed an oversubscribed third and final tranche of its previously announced non-brokered private placement . Proceeds will be used to advance the Company's assets, primarily its MacArthur copper oxide project in Nevada, and general working capital. Pursuant to the closing of the third tranche, the Company has issued 29,832,834 units at a price [...]
Quaterra Resources Inc. is pleased to announce due to ongoing strong demand it has again increased the amount being offered pursuant to its previously announced private placement to up to 66,666,666 units at a price of US$0.06 per Unit for gross proceeds of up to US$4,000,000 . The Company has raised US$2,338,170 in the first and second tranches of the Private Placement, and will seek to complete a third tranche closing [...]
Quaterra Resources Inc. today announced positive results from a ten-hole core drilling program totaling 5,147 feet that was recently completed. The ten-hole program was designed to assess the likelihood that further drilling would upgrade portions of the resource from Inferred to Indicated and expand the overall size of the current resource. Mr. Travis Naugle, CEO states, "We believe that additional drilling could [...]
Quaterra Resources Inc. is pleased to announce that it has completed an oversubscribed second tranche of its previously announced non-brokered private placement . Stephen Goodman, President states that, "The Company appreciates the support of existing shareholders and insiders, and welcomes our new investors." Proceeds will be used to advance the company's assets, primarily its MacArthur copper oxide project in Nevada [...]
Quaterra Resources Inc. is pleased to announce that it has completed the first tranche of its previously announced non-brokered private placement . Pursuant to the first tranche, the Company has issued 26,105,833 units at a price of US$0.06 per Unit for gross proceeds of US$1,566,350 . Each Unit consists of one common share of the Company and one share purchase warrant . Each Warrant entitles the holder to acquire one [...]
Quaterra Resources Inc. is pleased to announce the appointment of Mr. Nicholas Lewallen, P.E. as Director of Projects for the Company. Mr. Lewallen is a projects and construction professional with extensive experience advancing mining projects through to production in both domestic and international jurisdictions. Mr. Lewallen is a licensed Professional Engineer and holds a civil engineering degree from the University of [...]
Quaterra Resources Inc. announces that on July 23, 2021 it received notice from the State of Nevada that the State has not approved extensions of three water rights permits purchased by its subsidiary, Singatse Peak Services, LLC in 2011. The State also advised that a fourth permit would not be extended after a period of an additional year. Prior to the notice, the Company believed it held a total of seven water rights [...]
Quaterra Resources Inc. is pleased to announce that all resolutions set out in the Company's notice of meeting and information circular were passed by shareholders at the Company's Annual General Meeting held on June 17, 2021. A total of 80,209,430 common shares were represented at the meeting representing 35.94% of the Company's outstanding common shares. At the meeting, shareholders approved the appointment of [...]
Quaterra Resources Inc. has announced the appointment, effective immediately, of Mr. Travis Naugle as CEO and Mr. Stephen Goodman as President. Mr. Naugle is a seasoned executive and officer in gold, copper and strategic & critical metals mining companies. He has led in the design, construction, and operation of mining projects in the U.S., Eurasia, Russia, and Asia. His track record includes a focus on environmental and [...]
