VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 1, 2013) - Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE MKT:QMM) today announced that further to Quaterra's news release of October 4, 2012, Freeport-McMoRan Mineral Properties Inc. (FMMP) has paid the Company US$1 million based on the acquisition of certain designated properties near Butte Valley, Nevada.