09:49 AM EST - Quaterra Resources Inc. : and its subsidiary Singatse Peak Services LLC today announced they have reached an agreement with Freeport-McMoRan Nevada LLC to extend the current Stage 2 of Freeport Nevada's option to acquire an interest in the Company's Yerington Copper Project in Nevada for up to two years by Freeport Nevada making option payments totaling $5.75 million. Quaterra Resources Inc.
shares V.QTA are trading unchanged at $0.06.
