Dr. Patton: I think the company in its present form really began to take shape in May 2006, following the acquisition of Western Silver by Glamis Gold. At that point, almost the entire geologic staff of Western Silver - including myself and Tom Turner, and our corporate development and IR staff, and a couple of directors - went over and began to work full time for Quaterra Resources. At that time in 2006, there were a lot of opportunities out there, and so we decided to begin an aggressive campaign of property acquisition. We beefed up our board of directors, hired a lot of key consultants and basically that led to the present state of the company that we are at today.
TWST: In Q4 you secured more than C$9 million in financing. Would you talk about your plans to put that money to work for the company?
Dr. Patton: Quite simply, we are using that money to move our most advanced projects forward. That involves silver in Mexico, specifically our Nieves project, where we are aggressively drilling right now to increase our NI43-101 silver resource, and also in Nevada, where we have an oxide copper deposit at MacArthur with an initial indicated and inferred resource. We are out there drilling right now to increase that resource, and we are also working very hard to acquire the adjacent Yerington copper property.
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