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Quaterra Resources Inc.

11:28 AM EST - Quaterra Resources Inc. : Announced it has signed a lease agreement with Chuchuna Minerals Company, an Alaska corporation, giving it an option to purchase a 90% interest in the Groundhog copper prospect, a 40,000-acre property situated on an established copper porphyry belt 200 miles southwest of Anchorage, Alaska. Quaterra Resources Inc. shares V.QTA are trading unchanged at $0.12.