Quaterra Resources Inc. and its joint venture partner, Grande Portage Resources Ltd. today announced they have filed with SEDAR an amended Canadian National Instrument 43-101-compliant technical report on the Herbert Gold Project located near Juneau, Alaska.
The amended report was prepared by D.G. DuPre & Associates of Delta, British Columbia. It follows the updated independent resource estimate for the Herbert Gold project announced in a news release on February 28, 2013, and prepared by D.G. DuPre & Associates. The technical report includes a description of the project history, geology, mineralization, drilling, sampling procedures and laboratory Quality Assurance/Quality Control procedures, as well as recommendations. There are no material differences between the tecnhical report filed on April 12, 2013 and the amended report filed today. The change relates to typographical errors, minor omissions in Data Verification (Item 11) as well as minor errors in drilling meterages in the Interpretations and Conclusions (Item 17) portion of the report. There are no changes to the mineral resource estimates or geostatistical analysis in the report and the conclusions and recommendations remain unchanged.
The qualified persons for the DuPre technical report are David DuPre and Dr. David Webb. Mr. DuPre and Dr. Webb are independent of Grande Portage Resources Ltd. and Quaterra Resources Inc. and are Qualified Persons as defined by NI 43-101, and are responsible for the technical content of this press release.
The complete amended NI43-101-compliant technical report is available at www.sedar.com and on the companies' respective websites.
Quaterra Resources Inc. is a junior exploration company focused on making significant mineral discoveries in North America. The Company uses in-house expertise and its network of consultants, prospectors and industry contacts to identify, acquire and evaluate prospects in mining-friendly jurisdictions with the potential to host large and/or high-grade base and precious metal deposits.