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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (3839)	9/23/2001 5:12:23 PM
From: Al Collard	Respond to of 11802

Hi Red, Your in with QTA-v @$.24 for 41,666 shares. QTA website: quaterraresources.com Latest NR from QTA: A supply barge carrying camp facilities and diamond drilling equipment has arrived at Union Bay, 45 kilometres north of Ketchikan in southeast Alaska. First-ever drill testing of high-grade platinum-palladium outcrop occurrences on the project commenced Sunday, Sept. 9, 2001. Several indicated mineralization zones within a nearly five-kilometre-long corridor will be tested during the first phase drill program. Quaterra Resources and 50:50 joint venture partner, International Freegold Mineral Development Inc., previously have reported high-grade surface outcrop values ranging to 19 grams per tonne combined platinum and palladium. Quaterra is earning its 50-per-cent interest by spending $1.0-million (U.S.) on exploration and development, making staged payments totalling $100,000 over the next four years. Good luck to you, Al

To: Rocket Red who wrote (3839)	9/27/2001 4:04:23 AM
From: Al Collard	Respond to of 11802

Red, news out on your pick QTA-v: Quaterra finds new mineralized zone at Duke Island Wed 26 Sept 2001 News Release Mr. Thomas Patton reports Sampling at Quaterra's 100-per-cent-owned Duke Island claims in southeast Alaska has identified a potentially significant zone of copper-nickel-platinum group element mineralization covering an open ended area at least 400 metres long and 125 to 200 metres wide. Forty outcrop and boulder subcrop samples within the zone contain values of up to 1.59 per cent copper, 0.25 per cent nickel, and 0.65 gram per tonne combined platinum and palladium. Eight samples that contain more than 3 per cent sulphur average 0.56 per cent copper, 0.12 per cent nickel, and 0.3 gram per tonne platinum and palladium. Quaterra noted that because much of the original sulphide mineralization at surface has been oxidized, reported assays should be considered minimum values. The samples, taken from a recessive-weathering zone of orange-red iron staining, contain from 5 per cent to 30 per cent residual fine-grained sulphides (pyrite, pyrrhotite and chalcopyrite), some in net-texture form. Host rocks are mixed dunite injected into wehrlite and olivine pyroxenite. Much of the outcrop and subcrop occur in low boggy areas with heavy red-brown clay. The net textured mineralization suggests that sulphides may have accumulated by gravity separation from an ultramafic magma and the possibility exists that the sulphide content will increase with depth and/or that massive sulphides may be present at depth below the iron stained outcrops. An induced polarization survey will begin later this week to determine the extent and thickness of the sulphide mineralization. To the best of Quaterra's knowledge, this is the first time copper-nickel-PGE mineralization has been identified within the Duke Island Ural-Alaska ultramafic complex, situated 50 kilometres south of Ketchikan, near the Alaska/British Columbia border. The company said that a second area of mineralization has been discovered 10 kilometres away from the original outcrop and the company currently is staking additional claims to cover this and other zones of potential interest. The company also reported that four preliminary evaluation diamond drill holes totalling 350 metres have been completed at the Union Bay PGE property, 55 kilometres north-northwest of Ketchikan. Two of the holes were drilled at the North zone and two at Mt. Burnett, almost five kilometres to the west. The core has been split and shipped to Bondar-Clegg in Vancouver for assaying. Results are expected within two weeks after which drill testing is expected to resume. Quaterra may earn a 50-per-cent interest in Union Bay from International Freegold Mineral Development Inc. by spending $1.0-million (U.S.) in exploration and development and making staged cash payments totalling $100,000 (U.S.) over the next four years.

To: Rocket Red who wrote (3839)	9/27/2001 7:25:59 PM
From: Al Collard	Read Replies (1) \| Respond to of 11802

Red; QTA news: Quaterra grants stock options Thu 27 Sept 2001 Mr. Thomas Patton reports Quaterra Resources has granted 535,000 incentive stock options to directors, officers, employees and contractors, each exercisable at 19 cents per share. The granting of stock options is subject to regulatory approval.