QTA Quaterra Resources Inc

Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE MKT:QMM) (the "Company") is
pleased to announce that the Company has sold three properties in central Mexico
to Goldcorp Inc. ("Goldcorp") (TSX:G)(NYSE:GG) for a total cash consideration of
US$375,000. Quaterra will retain a 2% net smelter returns royalty ("NSR") on
each of the three properties, whereby the NSR is capped at USD$2,000,000 per
property. In addition, Quaterra and Goldcorp Inc. have concluded a second
amendment to the Investment Framework Agreement ("IFA") originally signed on
February 10, 2010 and as first amended June 13, 2013. 


"We are pleased to monetize a portion of our central Mexico mineral assets and
bring in additional non-dilutive funding to the Company. This action is
consistent with our recently announced strategy of monetizing, simplifying and
focusing our portfolio of mineral assets. Funds received from the Goldcorp
transaction will be used to retain and advance the five properties remaining in
the IFA in a highly prospective mineral district in Mexico. We are pleased to
continue our exploration in Mexico with Goldcorp which recognizes the
exploration potential of the region and the value of Quaterra's team," says
Quaterra President and CEO Steven Dischler. 


Under the second amendment to the IFA, the Company transfers ownership to
Goldcorp of the Sabino, Marijo and El Calvo properties in San Luis Potosi and
Zacatecas States, Mexico subject to the aforementioned cash payment and royalty
retention. The five properties retained include the Americas, Inde, Jaboncillo,
Santo Domingo and Microondas properties, and any other properties subsequently
acquired by Quaterra. Management believes that these five remaining properties
in the IFA represent great opportunities for the potential discovery of large
gold-silver deposits. Under terms of the agreement Quaterra can be carried to
production with a 24% ownership on any discovery Goldcorp makes on these 5
projects. 


The Company also announces, subject to regualtory approval, the grant of
3,955,000 incentive stock options at a price of $0.16 for 5 years. The Company
is issuing these stock options to directors, management, employees and certain
consultants. 


Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE MKT:QMM) is a junior exploration
company with a successful track record of making significant mineral discoveries
in North America with a focus on advancing its Yerington Copper projects. The
Company uses in-house expertise and a network of consultants 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. 


On behalf of the Board of Directors,

Mr. Steven Dischler, President & CEO 

Should you wish to receive news releases by fax please provide your contact
details to Quaterra at 604-681-9059 (direct), 1-855-681-9059 (toll free) or
email info@quaterra.com. 


Disclosure notes:

This press release, required by applicable Canadian laws, does not constitute an
offer of the securities described herein. These securities offered have not been
and will not be registered under the United States Securities Act of 1933, as
amended, or any state securities laws, and may not be offered or sold in the
United States or to U.S. persons unless registered or exempt from registration
requirements. 


Some statements contained in this news release are forward-looking statements
within the safe harbor of the United States Private Securities Litigation Reform
Act of 1995. These statements generally are identified by words such as the
Company "believes", "expects", and similar language, or convey estimates and
statements that describe the Company's future plans, objectives or goals. Since
forward-looking statements are based on assumptions and address future events
and conditions, by their very nature they involve inherent risks and
uncertainties. Further information regarding risks and uncertainties which may
cause results to differ materially from those projected in forward-looking
statements, are included in filings by the Company with securities regulatory
authorities. Readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date thereof. The Company
does not undertake to update any forward-looking statement that may be made from
time to time except in accordance with applicable securities laws. References
may be made in this press release to historic mineral resource estimates. None
of these are NI 43-101 compliant and a qualified person has not done sufficient
work to classify these historic estimates as a current mineral resource. They
should not be relied upon and Quaterra does not treat them as current mineral
resources.


The TSX Venture Exchange and the NYSE MKT have not reviewed and do not accept
responsibility for the adequacy or accuracy of the contents of this news
release, which has been prepared by management.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Quaterra Resources Inc.
Mr. Steven Dischler
President & CEO
775-463-9600


Quaterra Resources Inc.
604-681-9059 (direct)
1-855-681-9059 (toll free)
info@quaterra.com
www.quaterra.com

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