Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE MKT:QMM) and its joint venture
partner Grande Portage Resources Ltd. (TSX VENTURE:GPG) today announced they
have filed with SEDAR a Canadian National Instrument 43-101-compliant technical
report on the Herbert Gold Project located near Juneau, Alaska.


The Report was prepared by D.G. DuPre & Associates of Delta, British Columbia.
It follows the updated independent resource estimate for the Herbert Gold
project announced in a news release on February 28, 2013, and prepared by D.G.
DuPre & Associates. The technical report also includes a description of the
project history, geology, mineralization, drilling, sampling procedures and
laboratory Quality Assurance/Quality Control procedures, as well as
recommendations. There are no material differences between the mineral resource
estimates in the technical report and the February news release.


The qualified persons for the DuPre technical report are David DuPre and Dr.
David Webb. Mr. DuPre and Dr. Webb are independent of Grande Portage Resources
Ltd. and Quaterra Respources Inc. and are Qualified Persons as defined by NI
43-101, and are responsible for the technical content of this press release.


The complete NI43-101-compliant technical report is available at www.sedar.com
and on the companies' respective websites.


Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE MKT:QMM) is a junior exploration
company focused on making significant mineral discoveries in North America. The
Company uses in-house expertise and its network of consultants, prospectors 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,

Dr. Thomas Patton, President and CEO, Quaterra Resources Inc.

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 note

The mining terms "indicated resource" and "inferred resource" are used in this
news release in accordance with Canadian regulations but are not recognized by
the United States Securities and Exchange Commission. For clarification, the
Company has no properties that contain "reserves" as defined by the SEC and is
providing the forgoing, in part, in order to meet its requirements under
National Instrument 43-101 adopted by the BC Securities Commission and the
Canadian Securities Administrators.


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.


Expanded information on the Company's projects is described on our website at
www.quaterra.com or contact Lauren Stope at 604-641-2746 or email:
info@quaterra.com


FOR FURTHER INFORMATION PLEASE CONTACT: 
Quaterra Resources Inc.
Lauren Stope
Manager Communications
604-641-2746
info@quaterra.com
www.quaterra.com

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