Quaterra has the opportunity to bring the large, historic Yerington copper mining district back into production.

The Company has 100%-ownership in three partially defined porphyry copper deposits in one of the world's most attractive mining jurisdictions.

Quaterra has in recent years funded its activities with the proceeds from the sale of non-core assets, and with an earn-in agreement with Freeport Nevada. The Freeport Nevada agreement has recently been terminated. The Company has also used non-brokered private placements and brokered equity financings in the past to fund it operations.