QTA Quaterra Resources Inc

Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE MKT:QMM) today announced it has
filed on SEDAR a Canadian National Instrument 43-101-compliant technical report
for an updated independent resource estimate at the Company's Yerington copper
project located in Lyon County, Nevada.


The report was prepared by Tetra Tech, Inc. of Golden, Colorado, and follows the
announcement of the updated resource estimate for Yerington in a news release on
November 20, 2013. The technical report contains an updated Canadian National
Instrument 43-101-compliant independent resource estimate for mineralization in
and around the historic Yerington pit which supersedes a previous report
completed in the first quarter 2012. It also contains a description of the
project history, geology, mineralization, sampling procedures and laboratory
Quality Assurance/Quality Control procedures.


There are no material differences between the technical report and the November
20, 2013, news release.


The Qualified Person for the technical report's updated Yerington resource
estimate is Dr. Rex Bryan with Tetra Tech Inc. of Golden, Colorado. This press
release has also been reviewed and approved by Steven Dischler, P.E., a
non-independent Qualified Person within the meaning of NI 43-101.


The complete NI43-101-compliant technical report is available at www.sedar.com
and on the company's website.


About Quaterra Resources Inc.

Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE MKT:QMM) is a junior exploration
and development company with a successful track record of making significant
mineral discoveries in North America. The Company's primary objective is the
advancement of its flagship projects in the Yerington copper district, Nevada.
The monetization of non-core assets is in progress to accelerate this effort.


On behalf of the Board of Directors,

Mr. Steven Dischler, President & CEO

Quaterra Resources Inc.

Disclosure note:

Some statements contained in this news release are forward-looking statements
within the safe harbor of the 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.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


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.


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

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